Steelhead LNG announces legal action against three companies

FORT ST. JOHN, B.C. – A Vancouver-based liquefied natural gas developer has announced new legal action regarding the Cedar LNG Project.

Steelhead LNG announced on December 23rd that it is pursuing legal actions against Cedar LNG, Pembina Pipeline Corporation, and ARC Resources Ltd. regarding the Cedar LNG Project. 

The company claims the three defendants ‘wilfully and improperly exploited information’ given to ARC Resources by Steelhead LNG regarding the development of liquified natural gas facilities within British Columbia in order to benefit 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,” Steelhead stated in a press release.

“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,” Victor Ojeda, President of Steelhead LNG said. 

Ojeda explained that Steelhead remained open to pursuing an ‘amicable resolution,’ but as the three defendants showed little interest in a similar outcome, Steelhead saw no alternative besides judicial action and intervention. 

While these new legal actions are undertaken in B.C., Steelhead is continuing patent infringement litigation in Korea against Cedar LNG and Samsung Heavy Industries. 

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.