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First Nation Sells Option to Buy Equity Stake in Kitimat LNG Project

250 News reports that the Haisla First Nation has sold its option to buy an equity stake in the Kitimat LNG export project to KMLNG, an affiliate of Apache Corp., for $50 million. Each member of the Haisla community will receive $8,000 from the sale proc
December 16, 2010

250 News reports that the Haisla First Nation has sold its option to buy an equity stake in the Kitimat LNG export project to KMLNG, an affiliate of Apache Corp., for $50 million. Each member of the Haisla community will receive $8,000 from the sale proceeds.

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Adam C. Pollet, Associate
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