​Proposed Nova Scotia LNG project negotiates benefits agreement with First Nations

Image: Joey Podlubny/JWN

Pieridae Energy says that it has ratified a benefits agreement for its proposed Goldboro LNG project with the Nova Scotia Mi’kmaq Chiefs.

The agreement establishes the framework under which the Mi’kmaq of Nova Scotia will benefit economically from the development, construction and operation of the project, the company said.

"A memorandum of understanding signed in 2013 originally outlined the relationship between Pieridae and the Mi’kmaq in Nova Scotia and this new benefits agreement underscores Pieridae’s commitment to ongoing engagement and relationship building with the First Nations communities in Nova Scotia," the company said.

The Goldboro LNG project has approval from the National Energy Board and the U.S. Department of Energy for 20-year licenses to import natural gas from the United States and export it as LNG from Guysborough County, Nova Scotia.