Steelhead LNG said Dec. 23 it filed new legal proceedings against Cedar LNG, Pembina Pipeline Corp. and ARC Resources Ltd. in British Columbia over the $4 billion LNG project near Kitimat, British Columbia, Canada.
Steelhead alleges in the new claim that each of the defendants willfully and improperly exploited information supplied by Steelhead LNG to ARC Resources relating to the development of Cedar LNG, according to a Dec. 23 press release.
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, according to the release.
"It is evident to Steelhead that, without relying on ARC Resources' capacity commitment—enabled by what Steelhead believes to be a pattern of willful 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."
Cedar LNG is majority-owned by the Haisla Nation with 50.1%. Pembina holds 49.9% ownership. The 3.3-million tonnes per annum floating LNG project has 20-year take-or-pay tolling service agreements with ARC Resources and Pembina.
Steelhead also said it is continuing patent infringement litigation in Korea against Cedar LNG and Samsung Heavy Industries related to Steelhead LNG's Korea patent.
Recommended Reading
Delivering Dividends Through Digital Technology
2024-12-30 - Increasing automation is creating a step change across the oil and gas life cycle.
E&P Highlights: Jan. 21, 2025
2025-01-21 - Here’s a roundup of the latest E&P headlines, with Flowserve getting a contract from ADNOC and a couple of offshore oil and gas discoveries.
Tracking Frac Equipment Conditions to Prevent Failures
2024-12-23 - A novel direct drive system and remote pump monitoring capability boosts efficiencies from inside and out.
E&P Highlights: Jan. 13, 2025
2025-01-13 - Here’s a roundup of the latest E&P headlines, including Chevron starting production from a platform in the Gulf of Mexico and several new products for pipelines.
ADNOC Contracts Flowserve to Supply Tech for CCS, EOR Project
2025-01-14 - Abu Dhabi National Oil Co. has contracted Flowserve Corp. for the supply of dry gas seal systems for EOR and a carbon capture project at its Habshan facility in the Middle East.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.