TERRACE, BC, Dec. 22, 2014 /CNW/ - Kitselas First Nation and Pacific NorthWest LNG are proud to announce the signing of an Impact Management Benefits Agreement (IMBA) term sheet. The term sheet is an integral step toward concluding negotiations and finalizing an agreement between the two parties.
"Our agreement with Pacific NorthWest LNG addresses the environmental and social safeguards we require in negotiations, as well as the delivery of economic, employment and educational benefits for our community," said Kitselas Chief Joe Bevan. "These core components mean substantial benefits for our community – now and in years to come."
As part of the term sheet, Pacific NorthWest LNG and Kitselas First Nation have committed to working together in an atmosphere of mutual respect and cooperation regarding the permitting, monitoring, construction and operations of the Pacific NorthWest LNG project.
"I would like to commend Chief Joe Bevan for his vision and goal of building a mutually beneficial relationship between the Kitselas First Nation and Pacific NorthWest LNG," said Michael Culbert, President of Pacific NorthWest LNG. "Our project represents a generational opportunity that will provide economic benefits, as well as education and business opportunities for the Kitselas First Nation."
About Pacific NorthWest LNG
Pacific NorthWest LNG is planning to build a world-scale LNG export facility on Lelu Island in the District of Port Edward, British Columbia. The proposed facility will comprise an initial development of two LNG trains of approximately 6 million tonnes per annum (MTPA) each, and a subsequent development of a third train of approximately 6 MTPA. The proposed facility would liquefy and export natural gas produced by Progress Energy Canada in northeastern British Columbia. Pacific NorthWest LNG is committed to generating new economic and social benefits for the local community and First Nations, British Columbia and Canada in an environmentally safe and sustainable manner. Pacific NorthWest LNG is majority-owned by PETRONAS. JAPEX, Sinopec/Huadian, Indian Oil and PetroleumBRUNEI are also partners in Pacific NorthWest LNG and its associated natural gas supply. For more information about Pacific NorthWest LNG, please visit www.PacificNorthWestLNG.com.
About Kitselas First Nation
Historically known as the Gitselasu or 'The People of the Canyon', Kitselas is a progressive First Nation with communities located along the Skeena River in Northwest British Columbia, mainly near the City of Terrace. Kitselas is part of the Tsimshian First Nation.
SOURCE: Pacific NorthWest LNG Ltd.
For further information: Krissy Van Loon, Communications Advisor, Pacific NorthWest LNG, 778.549.7675