LNG Project Comes with Financial Risks for First Nations: Report – The Tyee

August 1, 2025

Drawbacks for the Prince Rupert initiative outweigh benefits for environment and investor, says Yellowhead Institute.

A long-delayed and controversial liquefied natural gas pipeline and export terminal in northern British Columbia is now officially back on track and promoted as a new opportunity for Indigenous economic development.

However, a report released last week warns that the risks — to land, community and even investors — are far greater than the promised benefits.

The Prince Rupert Gas Transmission or PRGT pipeline and Ksi Lisims LNG terminal are poised to export up to 12 million tonnes of LNG annually, much of it destined for Asian markets. The pipeline’s route cuts through Gitxsan and Tsimshian territories, but many hereditary leaders and community members remain opposed.

Read More: https://thetyee.ca/News/2025/08/01/LNG-Project-Financial-Risks-First-Nations/