Petronas’s Pacific NorthWest LNG Signs Tax Agreement with the District of Port Edward

Pacific NorthWest LNG and the District of Port Edward, British Columbia, announced today that they have agreed to a 25 year agreement-in-principle in support of infrastructure and services totaling approximately $150 million related to a proposed LNG export terminal on Lelu Island.  The agreement is subject to Pacific NorthWest LNG proceeding to construction of the terminal and will be effective upon the execution of a long-term lease with the Prince Rupert Port Authority.

Back to top