Pembina Pipeline's Cedar LNG Project Cost Escalation and Expected Profit Margins

Friday, 5 April 2024, 15:11
Pembina Pipeline has revised the cost estimate for its Cedar LNG project to $3.4B, anticipating an increase in core profit to $200M-$260M annually once operational. The escalation in costs offers insights into the project's financial dynamics and forecasts significant economic impacts post-completion.
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Pembina Pipeline's Cedar LNG Project Cost Escalation and Expected Profit Margins

Pembina Pipeline Cedar LNG Project Cost Estimate Update

Pembina Pipeline has recently raised its cost estimate for the Cedar LNG project to $3.4B. The company is optimistic about the project's potential, projecting annual core profit margins of $200M-$260M once operational.

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