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Liquefied Natural Gas Project Agreements Act ([RSBC 2015] Chapter 29).

Country/Territory
Canada
Territorial subdivision
British Columbia
Document type
Legislation
Date
2015
Source
FAO, FAOLEX
Subject
Energy, Mineral resources
Keyword
Energy conservation/energy production Natural gas Institution Mining Authorization/permit
Geographical area
Americas, Arctic, Asia and the Pacific, East Pacific, North America, North Atlantic
Abstract

The present Act provides for liquefied natural gas (LNG) project agreements in order to build a clean, competitive new industry in British Columbia. In particular, the Act allows for ratification of the first LNG project agreement, signed with Pacific NorthWest LNG. Through these agreements, Pacific NorthWest LNG is expecting to make the biggest private sector capital investment in British Columbia’s history. The text consists of 10 sections as follows: Definitions (1); LNG project agreements (2); Ratification (3); Financial Administration Act (4); Assignments (5); Payment of indemnity (6); Set-off of amounts owed (7); Publication (8); Authority circumscribed (9); Commencement (10).

Full text
English
Website
www.qp.gov.bc.ca