LNG cuts off flow of money to Maine tribe

Pleasant Point, Maine (AP) 8-08

A company that hopes to build a liquefied natural gas terminal on Passamaquoddy tribal land in eastern Maine is suspending quarterly payments to the tribe.

Quoddy Bay LNG, one of three developers seeking to build an LNG terminal in Maine, will forgo quarterly payments of $46,875 while the federal and state permit reviews are on hold.

Donald Smith, president of Quoddy Bay LNG, says the payments were never a requirement. He says they were voluntary because Quoddy Bay is not obliged to begin making payments until the federal Bureau of Indian Affairs has given its final approval to the project.

The company has paid the tribe nearly $800,000, which has been split between the two tribal governments at Pleasant Point and Indian Township.

 

 

 

 

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