EXMAR is pleased to announce that it has been selected by Cedar LNG Partners LP (Cedar LNG) to provide its marine and operational expertise for the Floating Liquefaction of Natural Gas Unit (“FLNG”), megúgu.

World's first Indigenous majority-owned LNG facility

Cedar, majority-owned by Haisla Nation, in partnership with Pembina Pipeline Corporation (Pembina), represents the world’s first Indigenous majority-owned LNG facility, powered by renewable electricity, making it one of the lowest carbon intensity LNG facilities in the world. Located in Kitimat, British Columbia, Canada, within the traditional territory of the Haisla Nation, Cedar’s FLNG is currently under construction at Samsung Heavy Industries.

EXMAR as a strategic partner

EXMAR, a pioneer in owning, operating and maintaining innovative floating LNG infrastructure assets, is proud to be entrusted with the management of marine operations & maintenance, which will include the development of dedicated operational procedures for FLNG megúgu. EXMAR’s teams will be involved during the different phases of the project, starting immediately during construction and pre-operations, in close partnership with the Cedar team, to contribute industry-leading expertise and know-how.

The engagement in this project is an important milestone and aligns with EXMAR’s historical expertise in operational excellence of sophisticated floating LNG assets.

EXMAR’s CEO, Carl-Antoine Saverys said:

EXMAR is proud to be selected as strategic partner and embark on this unique, first of its kind FLNG project. Our unique track record for safe and reliable operations has been thoroughly valued by Cedar. We are confident this partnership will create a strong base for future FLNG operations.

About EXMARx

EXMAR is a provider of floating solutions for the operation, transportation and transformation of gas, and owns a fleet of 40 LPG/ ammonia carriers and various floating LNG and offshore infrastructure solutions. EXMAR creates economically viable and sustainable energy value chains in long-term alliances with firstclass business partners. Being the world’s largest independent transporter of ammonia and building upon the experience and knowledge gained from more than four decades of gas shipping.

About Cedar LNG

Cedar LNG is a partnership between the Haisla Nation and Pembina Pipeline Corporation to develop a floating liquefied natural gas facility in Kitimat, British Columbia, Canada, within the traditional territory of the Haisla Nation. Strategically positioned to leverage Canada's abundant natural gas supply and BC's LNG infrastructure, the Cedar LNG facility will be powered by renewable electricity from BC Hydro, making it one of the lowest carbon intensity LNG facilities in the world.

About Pembina

Pembina Pipeline Corporation is a leading energy transportation and midstream service provider that has served North America's energy industry for more than 70 years. Pembina owns an extensive network of strategically located assets, including hydrocarbon liquids and natural gas pipelines, gas gathering and processing facilities, oil and natural gas liquids infrastructure and logistics services, and an export terminals business. Through our integrated value chain, we seek to provide safe and reliable energy solutions that connect producers and consumers across the world, support a more sustainable future and benefit our customers, investors, employees and communities. For more information, please visit www.pembina.com.

Purpose of Pembina: We deliver extraordinary energy solutions so the world can thrive.

Pembina is structured into three Divisions: Pipelines Division, Facilities Division and Marketing & New Ventures Division.

Pembina's common shares trade on the Toronto and New York stock exchanges under PPL and PBA, respectively.