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Home Energy News LNG Revenue-Sharing Agreements Announced

LNG Revenue-Sharing Agreements Announced

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“These agreements mean the Metlakatla and Lax Kw’alaams will share a portion of the revenue from Aurora LNG and Woodside’s proposed LNG development at Grassy Point, near Prince Rupert,”  said Premier Christy Clark during a noon-hour announcement today.

“I applaud the vision and commitment of the Lax Kw’alaams and Metlakatla leadership and their communities,” said Minister of Aboriginal Relations and Reconciliation John Rustad. “This kind of collaboration with First Nations will underpin the economic security of their communities now and in the future and create greater certainty for the First Nations, industry and government.”

According to a government release, the signings are the 23rd and 24th economic benefit agreements reached with First Nations since 2011, and it says, the  fifth and sixth of the 10 new non-treaty agreements the Province has committed to reaching over the next two years. 

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