Lax Kw'alaams Band reject $1B LNG deal near Prince Rupert

13/05/15
Author: 
The Canadian Press
Lelu Island, near Prince Rupert, BC, is the proposed site of the Pacific Northwest LNG project, backed by the Malaysian energy company Petronas.

A natural gas benefit offer worth more than $1 billion has been rejected by a First Nation on B.C.'s northwest coast, but not everyone thinks it will necessarily scuttle the project.

Pacific NorthWest LNG was proposing to build a pipeline and terminal in the Lax Kw'alaams Band territory just south of Prince Rupert.

Band members were asked to vote on a $1.15 billion offer over 40 years in exchange for their consent for the project.

The vote in Vancouver on Tuesday was the third in a series conducted by the First Nation that rejected the project.