Ovintiv signs 12-year LNG capacity agreement with Pembina for Cedar LNG facility

Ovintiv Inc.

Agreement for 0.5 mtpa liquefaction capacity at Cedar LNG; operations expected late 2028.
Partnership with Pembina Pipeline subsidiary to export Canadian natural gas to Asian markets.
Provides additional market access for Ovintiv's Montney production, complementing existing transport.
No financial terms disclosed; west coast route offers shortest shipping distance to Asian LNG markets.

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