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PRGT announces Project Agreement

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LNG Industry,

A Project Agreement has been announced between Prince Rupert Gas Transmission Ltd (PRGT) and the Kitselas First Nation of northern B.C.

The agreement provides the Kitselas First Nation with financial and other benefits related to the pipeline project. The agreement provides immediate benefits on signing, and at other key project milestones. Primarily, the Project Agreement provides annual legacy payments for the duration of the commercial operation of the pipeline.

As part of developing skills training and involving First Nations in developing business opportunities, Pipeline Project Agreements are part of a comprehensive approach to working with First Nations on LNG opportunities.

Dean Patry, President of PRGT, stated: "We are very pleased to have concluded this Project Agreement with Kitselas First Nation. It's another important milestone for us, and further reflects our commitment to engage with First Nations in a meaningful way. We look forward to working with Kitselas First Nation during construction and operation of the PRGT pipeline project."

Kitselas Chief Joe Bevan expressed support for the project by saying: "The pipeline project and the activity surrounding it are going to impact Kitselas and PRGT recognises this. They have been very good to work with and this agreement not only provides us with economic benefits and employment training, but it ensures that all environmental concerns have been adequately addressed."

PRGT’s proposal is to plan, construct, own and operate a 900 km 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.

Adapted from press release by Joseph Green

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