The McLeod Lake Indian Band has signed two LNG benefits agreements with the BC government.
One of the deals is connected to the proposed Coastal GasLink gas pipeline that would run from Dawson Creek to the proposed LNG Canada facility near Kitimat.
The band will receive an initial payment of $338,000 and be in line for two additional payments of $1.69 million each at construction and when it enters service. It will also get a yet-to-be determined share of $10 million a year when the pipeline service begins.
The second agreement is linked to the Prince Rupert Gas Transmission Project which would ship gas from Hudson’s Hope to the proposed Pacific NorthWest LNG project near Prince Rupert. The McLeod Lake Band will get an initial payment of $295,000 followed by $1.475 million once construction begins, and a further $1.475 million once it enters service. The band will also get a share of $10 million a year once service begins.
The province says it has reached 62 agreements for gas pipelines with 29 First Nations.