Pacific Trail Pipeline Project Makes Deal With First Nations and Province

By 250 News

Red line shows the proposed  path of pipeline from Summit Lake to Kitimat terminal.

Prince George, B.C.- The Pacific Trail Pipeline project has moved forward with an agreement with the Province, and First Nations.

Pacific Trails Pipelines is developing a proposed natural gas line from Summit Lake to Kitimat (KSL). The $1.2 billon dollar project would cover 463kms and would see the company shipping natural gas from Summit Lake to the Kitimat LNG Inc.’s proposed natural gas liquefaction export terminal near Kitimat.

The company has entered into an agreement which will see First Nations along the pipeline corridor in a position to receive long-term benefits from the agreement.  

"In view of a rapidly changing global economy and First Nations desires to advance their social and economic position, First Nations leadership have structured a landmark agreement with B.C. and PTP," said David Luggi, Carrier Sekani Tribal Chief. "First Nations have channelled their right to use and occupation of land into nation-building investments in the mainstream economy. Investment in the Pacific Trail Pipelines'Project is testimony that industry, First Nations and government can work together on projects that will result in financial returns,gainful employment and associated opportunities that will benefit First Nations communities for generations to come."

 Both the Terminal and the KSL Project have received the required provincial and federal environmental assessment approvals and are now working to finalize commercial arrangements. 

First Nations along the pipeline will receive $3 million as an incentive for the ratification process and a further $32 million that ensures First Nations have an equity position in the Pacific Trail Pipelines' Project.

Email | Print | Facebook | Twitter | Digg | Del.icio.us