First Nation, Province partner on natural gas pipeline

Lake Babine is the latest First Nation in northern B.C. to welcome benefits from natural gas pipeline development and the emerging LNG sector by signing a pipeline benefits agreement with the Province.

Lake Babine Nation has traditional territory along the proposed route for TransCanada’s Prince Rupert Gas Transmission (PRGT) natural gas pipeline project. The agreement signed with the Province ensures the economic growth generated by the pipeline, and a liquefied natural gas (LNG) export industry in B.C., will benefit their membership.

“Sharing the benefits of natural gas pipeline projects with First Nations offers them resources to partner in economic development and complements industry impact benefit agreements that provide jobs and business opportunities. These partnerships are a powerful way for government and First Nations to work together to help grow the LNG industry,” said Rich Coleman, Minister of Natural Gas Development.

If the proposed project proceeds, Lake Babine Nation will receive approximately $3.56 million in one-time payments from the Province as milestones are reached: $324,000 when the agreement takes effect, $1.62 million as construction begins, and $1.62 million when the pipeline is operating. Lake Babine Nation is also entitled to a share of $10 million a year in ongoing benefits for First Nations along the pipeline route.

“This project meets Lake Babine Nation’s conditions for consent:  it can be built in a way that is safe for our territory and resources; it has been developed and will be built with our meaningful involvement; and it will bring significant economic benefits to our people. Lake Babine Nation looks forward to a successful PRGT project,” said Chief Wilf Adam, Lake Babine Nation, which has approximately 2,440 members.

Pipeline benefits agreements with First Nations are part of the B.C. government’s comprehensive plan to partner with First Nations on LNG opportunities, which also includes developing skills training and environmental stewardship projects.

 

Facebooktwittergoogle_plusredditpinterestlinkedinmail

Comments are closed.