Canadian aboriginal group rejects deal to back Petronas LNG project – Reuters

May 13, 2015

VANCOUVER (Reuters) – A Canadian aboriginal group has rejected an offer of about C$1 billion ($836 million) in return for supporting a liquefied natural gas export terminal led by Malaysian national oil company Petronas [PETR.UL], community leaders said on Wednesday.

Members of the Lax Kw’alaams First Nation band, which has traditional territories around the proposed site of the Pacific NorthWest LNG export terminal in northern British Columbia, rejected the 40-year benefit deal in a series of three votes held over the past week.

The rejection does not mean the project cannot go ahead, but it could pose a challenge for Petronas, which is looking to smooth relations with aboriginal groups as it moves toward a final investment decision on the $11 billion project.

Read More: http://ca.reuters.com/article/domesticNews/idCAKBN0NY0NW20150513