Petronas signs long-term deal for liquefaction capacity with Cedar LNG

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CALGARY - Pembina Pipeline Corp. says Malaysia's Petronas has signed a 20-year deal for one million tonnes per year of liquefaction capacity at the Cedar LNG project.

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CALGARY – Pembina Pipeline Corp. says Malaysia’s Petronas has signed a 20-year deal for one million tonnes per year of liquefaction capacity at the Cedar LNG project.

The deal gives Petronas, one of the largest natural gas producers in Canada, access to the planned natural gas export outlet on the B.C. north coast.

Cedar LNG is the liquefied natural gas facility in Kitimat, B.C., being developed by a partnership between Pembina and the Haisla Nation.

The corporate logo of Pembina Pipeline Corp. is shown in this undated handout photo. THE CANADIAN PRESS/HO, Pembina Pipeline Corp. *MANDATORY CREDIT*
The corporate logo of Pembina Pipeline Corp. is shown in this undated handout photo. THE CANADIAN PRESS/HO, Pembina Pipeline Corp. *MANDATORY CREDIT*

It is on track to be in service in late 2028.

Pembina previously signed a 20-year take-or-pay liquefaction tolling service agreement for 1.5 million tonnes per year of LNG at the project.

It says it expects to reach definitive agreements for the remaining 500,000 tonnes per year of capacity by the end of this year.

This report by The Canadian Press was first published Nov. 5, 2025.

Companies in this story: (TSX:PPL)

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