As construction gets underway on Cedar LNG, the world’s first Indigenous majority-owned LNG export terminal, a report from RBC highlights the project as a model of successful energy development in Canada.
“We broke a pattern that had existed for over a century,” said Karen Ogen, CEO of the First Nations Natural Gas Alliance.
“First Nations have been at the heart of the LNG opportunity, not on the sidelines or just on the job sites but in the boardrooms helping to make it happen.”
RBC said the Cedar LNG project in Kitimat, B.C. – a partnership between the Haisla Nation (50.1 per cent) and Pembina Pipeline Corporation (49.9 per cent) – is a model for Indigenous economic reconciliation in action.
“Canada’s future growth and prosperity depends heavily on getting Indigenous economic reconciliation right,” said report co-author Varun Srivatsan, RBC’s director of policy and strategic engagement.
“If not, the country’s ability to diversify our resource exports, enjoy independence and resiliency in strategic sectors, and improve productivity, which has lagged that of other countries for years, are all at risk.”
RBC outlined the enormous potential of Indigenous-led energy projects to drive economic growth.
Almost three-quarters of the 504 major resource and energy projects planned or underway in Canada run through or are within 20 kilometres of Indigenous territories.
The value of Indigenous equity opportunity from these projects is estimated at $98 billion over the next 10 years, with oil and gas projects dominating the list at $57.6 billion.
“It’s clear that First Nations are critical to LNG in Canada. It’s First Nations territory from where the gas is extracted in Treaty 8 territory, it’s First Nations territory across which gas is transported via pipeline, it’s First Nations territory where LNG terminals are located, and it’s First Nations waters through which carriers take LNG to market. This is why we say Canadian LNG is Indigenous LNG. And we are going to make history,” Ogen said.
Cedar LNG reached a final investment decision last June, following a permitting process that saw the Haisla Nation directly involved in planning the facilities and operations.
This includes a floating LNG terminal with emissions among the world’s lowest, at 0.08 per cent CO2 equivalent per tonne of LNG compared to the global average of 0.35 per cent. Operations are slated to start in late 2028.
“Our community felt it was important that our values of being Haisla, being Indigenous, were felt through every decision that was being made. That is what makes this project unique,” said Crystal Smith, the Haisla Nation’s elected chief councillor.
Central to the Haisla’s involvement in Cedar LNG are the jobs and ongoing revenues that benefit the nation and neighbouring communities.
This has included support for education and cultural programs and building a state-of-the-art health facility and a new housing development.
“Cedar LNG shows what is achievable when you have a shared vision,” Smith said.
“It is going to mean that my kids and grandkids have a different future from what I or anybody in my generation have experienced in our community. It is going to revive our culture, revive our language, and make us stronger going forward.”
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