A revised benefits agreement will mean up to $200 million for First Nations groups whose traditional territories are along the proposed Pacific Trails Pipeline (PTP) route.
An announcement between PTP, the province, and the First Nations Group Limited Partnership (a partnership of affected First Nations regarding this project) was made Monday morning.
"This agreement secures significant financial and economic benefits for First Nations who play a vital role in one of British Columbia's leading LNG projects," Chief Raymond Morris, a member of the FNLP executive committee, said through a media release.
In additional to the $200 million in financial benefits, the agreement will provide business and training opportunities for the First Nations as well.
Fifteen First Nations are included in the deal, which include the Haisla, Kitselas, Lax Kw'alaams Band, the Wet'suwet'en, and many others.
The PTP proposal is for a 463 km pipeline which will carry natural gas from Summit Lake (55 km north of Prince George) to the proposed Kitimat LNG facility in Kitimat.