June 25 (Reuters) - Oil and gas transportation firm

Pembina Pipeline ( PBA ) said on Tuesday it has reached a

positive final investment decision (FID) with partner Haisla

Nation on the Cedar LNG project.

The liquefied natural gas (LNG) project, located in the

territory of the Haisla Nation, on Canada's West Coast, will

have a capacity of 3.3 million tonnes per annum (mtpa).

Pembina, which runs the project jointly with the band

government of the indigenous Haisla people, said the total

estimated cost of the Cedar LNG project, including interest and

transaction costs, is about $4 billion.

Canada's First Nations are buying stakes in Canadian energy

projects at an accelerated pace as they seek economic benefits

from projects on their land.

Pembina said 60% of the project cost will be funded with

asset-level debt financing and 40% through equity contributions

from both partners.

The project, forecast to become operational in late 2028, is

expected to generate annual run-rate adjusted core profit of

$200 million to $260 million.

(Reporting by Tanay Dhumal in Bengaluru; Editing by Shinjini

Ganguli)