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    market news

    Nisga’a Nation and Prince Rupert Gas Transmission Come to Agreement

    Investing News Network
    Nov. 13, 2014 10:25AM PST
    Resource Investing News

    The Nisga’a Nation and the Prince Rupert Gas Transmission have confirmed a benefits agreement and also agreeing to provide right of way certainty for the proposd LNG pipeline project from northeastern B.C. to the proposed Pacific NorthWest LNG export facility near Prince Rupert.

    The Nisga’a Nation and the Prince Rupert Gas Transmission have confirmed a benefits agreement and also agreeing to provide right of way certainty for the proposd LNG pipeline project from northeastern B.C. to the proposed Pacific NorthWest LNG export facility near Prince Rupert.

    According to a press release from the Nisga’a Nation:

    [Prince Rupert Gas Transmission] is proposing to design, build, own and operate and decommission a 900 km natural gas pipeline project to deliver natural gas from a point near Hudson’s Hope to the proposed Pacific Northwest LNG facility at Lelu Island, near Prince Rupert.  The Benefits Agreement will, in consideration of the substantial financial and other benefits that will accrue to the Nisga’a Nation under the Agreement, allow approximately 97 Km of the proposed Project to run through Nisga’a Lands owned by the Nisga’a Nation and the Provincial Nisga’a Memorial Lava Bed Park.

    Click here to read the full press release.

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