Seeking Alpha

B.C. First Nations sign LNG revenue-sharing agreements

  • The British Columbia government is moving to bring First Nations on board its hoped-for boom in liquefied natural gas, as two groups sign revenue-sharing agreements with the government related to the development of Nexen's (CEO) proposed Aurora LNG export terminal on their traditional territories.
  • The First Nations’ leaders say the deal indicates willingness among at least some aboriginal groups to embrace some forms of resource development, but most have opposed Enbridge's (ENB) proposed Northern Gateway pipeline project that would move Alberta oil products to B.C.’s coast for export to Asia.
Comments (1)
  • rjj1960
    , contributor
    Comments (1370) | Send Message
    Giving someone a piece of the action changes things.
    10 Apr 2014, 01:14 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs