Steelhead LNG Initiates New Legal Proceedings Against Cedar LNG in British Columbia

Source: www.gulfoilandgas.com 12/24/2024, Location: North America

Steelhead LNG, a Vancouver-based developer in the liquefied natural gas (LNG) industry, today announced the filing of new legal proceedings against Cedar LNG, Pembina Pipeline Corporation and ARC Resources Ltd. in British Columbia in relation to the Cedar LNG Project.

Steelhead LNG alleges in this new claim that each of the defendants wilfully and improperly exploited information supplied by Steelhead LNG to ARC Resources relating to the development of liquefied natural gas facilities in British Columbia for the benefit of Cedar LNG. The lawsuit seeks to suspend ARC Resources' participation in the Cedar LNG Project, secure damages from the defendants for the unauthorized use and exploitation of Steelhead LNG's information, and obtain an injunction to prevent further wrongful acts.

"It is evident to Steelhead that, without relying on ARC Resources' capacity commitment—enabled by what Steelhead believes to be a pattern of wilful and wrongful conduct—Cedar LNG and Pembina would not have been able to secure the substantial financial commitments necessary to reach a positive final investment decision," said Victor Ojeda, President of Steelhead LNG. "While Steelhead remains open to pursuing an amicable resolution, ARC, Pembina, and Cedar have shown little interest in doing so. As a result, Steelhead has no choice but to seek judicial intervention."

Marty Proctor, the former CEO of Seven Generations Energy and a current director of ARC Resources, is also named as a defendant in the proceedings.

Steelhead LNG holds patents regarding its LNG export facility solution in Canada, the United States, Korea, Australia, and Mexico. Steelhead LNG is also pleased to announce it was recently issued three new patents in the United States, protecting expanded versions of its innovative near shore LNG facility design.

Separately, Steelhead LNG is continuing its patent infringement litigation in Korea against Cedar LNG and Samsung Heavy Industries in relation to Steelhead LNG's Korea patent. That action is ongoing.


Mauritania >>  2/10/2025 - Kosmos Energy announces that first liquified natural gas (LNG) production has been achieved at the bp-operated Greater Tortue Ahmeyim (GTA) LNG projec...
United States >>  2/6/2025 - Harvest Alaska (Harvest), announced an agreement with Marathon Petroleum Corporation (MPC) and Chugach Electric Association (Chugach) to bolster South...

Congo >>  2/5/2025 - The liquefaction of natural gas onboard the Tango FLNG has been monitored during the initial months of the operation. The tests have proven that the ...
Netherlands/Holland >>  2/3/2025 - EemsEnergyTerminal launches an open season for the storage and regassification of LNG after 2027 in the Eemshaven in the Netherlands. EemsEnergyTermin...

United States >>  2/3/2025 - American Petroleum Institute (API) President and CEO Mike Sommers issued the following statement on the Senate’s confirmation of Chris Wright to lead ...
United States >>  1/30/2025 - Entergy Texas reached a landmark transportation agreement with Kinder Morgan to secure natural gas supply, supporting the rapid industrial, commercial...




Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.