News Releases

Baker Botts Represents Pembina in Securing Long-Term Commercial Offtake Support for Cedar LNG Project


Deal description: On April 4, Pembina Pipeline Corporation (“Pembina”) (TSX: PPL; NYSE: PBA) announced the significant progress achieved on the proposed Cedar LNG project (the “Project”), including securing long-term commercial offtake support. Baker Botts acted as legal counsel to Pembina on the commercial agreements between the project company, Cedar LNG Partners LP (“Cedar LNG”), and offtakers ARC Resources Ltd. (“ARC Resources”) and Pembina. 

These critical milestones allow Cedar LNG to initiate the project financing process and the Haisla Nation, Pembina’s partner in Cedar LNG, to commence a process to support its equity contributions in advance of a final investment decision (“FID”), expected by the middle of 2024.

The commercial offtake secured encompasses a 20-year take-or-pay liquefaction tolling services agreement with a fixed toll with ARC Resources for 1.5 million tonnes per annum (“mtpa”). In addition, Pembina has executed an identical bridging agreement with Cedar LNG for 1.5 mpta. Pembina intends to assign its capacity to a third-party following a positive FID, with commercial offtake discussions continuing with multiple other customers.

Pembina’s press release can be found here.

Baker Botts Lawyers/Offices Involved:

Global Projects: David Jetter (Partner, Houston) and Megan Young (Associate, Houston); Jason Bennett (Partner, Houston); Rob Butler (Partner, London); Louise Stephens (Associate, Houston)

Corporate: Caitlin Lawrence (Partner, Houston); Lyman Paden (Senior Counsel, Houston)

Tax: Jon Lobb (Partner, Houston)

Baker Botts is an international law firm whose lawyers practice throughout a network of offices around the globe. Based on our experience and knowledge of our clients' industries, we are recognized as a leading firm in the energy, technology and life sciences sectors. Since 1840, we have provided creative and effective legal solutions for our clients while demonstrating an unrelenting commitment to excellence. For more information, please visit


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