TransCanada said that its Prince Rupert Gas Transmission project has entered into a project agreement with the Lake Babine Nation of northern B.C. that provides the Nation with financial and other benefits related to the pipeline project.
The project agreement will provide annual legacy payments for the duration of the commercial operation of the pipeline, plus immediate benefits on signing, and at other key project milestones, the company said in a statement.
PRGT is proposing to design, build, own and operate a 900 kilometre natural gas pipeline to deliver natural gas from a point near Hudson’s Hope to the proposed Pacific NorthWest LNG facility at Lelu Island, off the coast of Port Edward, near Prince Rupert.
The Lake Babine Nation Project Agreement joins previously announced PRGT agreements with the Nisga’a Lisims Government, Gitanyow First Nation and Kitselas First Nation.
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Image: TransCanada