Gitxaala and Kitsumkalum First Nations to share in LNG benefits

Gitxaala and Kitsumkalum First Nations both have reached two agreements each with the Province of BC on sharing the benefits of liquefied natural gas (LNG) development on B.C.’s north coast.

The Coastal Fund Agreement and the LNG Benefits Agreement provide comprehensive and sustainable funding to both Gitxaala and Kitsumkalum for the life of the LNG Canada project. The agreements ensure Gitxaala and Kitsumkalum members benefit from jobs, business opportunities and the increased revenue and growth that this project will bring.


Gitxaala First Nation

The LNG Benefits Agreement provides initial funding to assist Gitxaala Nation in preparing for and managing LNG development. A total of $57 million over four years will be used to grow capacity, improve ferry service, develop community infrastructure and create a legacy fund.

The Coastal Fund Agreement will provide an annual base payment plus incremental project funding that reflects the volume of LNG that is being produced. The total annual payment is anticipated to be in the range of $600,000 to $800,000, though this will vary depending on the volume of LNG that is shipped.


Kitsumkalum First Nation

The LNG Benefits Agreement provides initial funding to assist Kitsumkalum in preparing for and managing the impacts of LNG development. A total of $20.35 million over four years will be used to create a land and economic development fund, a community development fund and a legacy fund.

The Coastal Fund Agreement will provide an annual base payment plus incremental project funding that reflects the volume of LNG that is being produced. The total annual payment once the facility is in operation is anticipated to be in the range of $750,000, though this will vary depending on the volume of LNG that is shipped.


To learn more about the agreements click on the links below:

Gitxaala First Nation

Kitsumkalum First Nation


Source: Government of British Columbia News


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