#Canada #Vancouver #Steelhead LNG #Cedar LNG #ARC Resources

Steelhead LNG's New Legal Challenge Against Cedar LNG in British Columbia

Steelhead LNG, a Vancouver-based leader in the liquefied natural gas (LNG) sector, has taken a significant legal step by filing new proceedings against Cedar LNG and its associated partners—Pembina Pipeline Corporation and ARC Resources Ltd. This move, announced on December 23, 2024, aims to address the alleged exploitation of confidential information provided by Steelhead LNG for the development of LNG facilities in British Columbia.

The crux of the lawsuit centers around claims that Cedar LNG has inappropriately utilized sensitive data from Steelhead LNG, particularly in a way that benefits their project. This development raises serious concerns over the ethical usage of proprietary information within the highly competitive LNG market. Steelhead LNG is seeking to halt ARC Resources' involvement in the Cedar LNG Project and demands compensation for the alleged unauthorized use of its intellectual property.

Victor Ojeda, President of Steelhead LNG, emphasized the dire need for intervention, noting that without ARC Resources' capacity commitments—which Steelhead accuses them of obtaining through wrongful conduct—Cedar LNG would likely struggle to secure the financial backing required to push their project forward. Ojeda remarked, “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.”

Among those named in the litigation is Marty Proctor, the former CEO of Seven Generations Energy, now serving as a director at ARC Resources, highlighting the high-profile nature of this dispute within the industry.

In addition to the legal battles, Steelhead LNG has recently celebrated the granting of three new patents in the United States, which enhance protections surrounding its innovative near-shore LNG facility design. These patents expand Steelhead’s already extensive portfolio, which includes intellectual property protections in several countries, including Canada, Korea, Australia, and Mexico.

Steelhead LNG is simultaneously pursuing ongoing patent infringement lawsuits in Korea against Cedar LNG and Samsung Heavy Industries, underscoring a robust strategy to protect its innovations globally while navigating complex legal challenges.

This series of actions reflects Steelhead LNG's commitment to not only advancing its technological front but also ensuring that its intellectual property rights are vigorously upheld. As this legal confrontation unfolds, the industry will be closely monitoring its impact on LNG developments in British Columbia and beyond.

Steelhead LNG is dedicated to providing sustainable energy solutions and fostering efficiency in the LNG sector through innovative technology and strategic community partnerships. For those interested in understanding more about these developments or the company's initiatives, further details can be found on their official website at www.steelheadlng.com.

For media inquiries regarding this legal action or company details, Sydney Kovach can be reached at [contact information].

As the story develops, it will be interesting to see how these legal challenges shape the landscape of LNG operations and intellectual property disputes in the sector.