Business
Natural gas terminal planned on Passamaquoddy land


A $300 million liquefied natural gas terminal is in the works on the Passamaquoddy Tribe's Pleasant Point Reservation in Maine, The Portland Press Herald reports.

No drilling would take place on tribal land or off-shore. The terminal will receive weekly shipments of gas, which will then be piped to other locations.

The deal is said to bring $4 million a year in lease payments to the tribe, with possible $4 million a year set-asides for tribal use. The project would create up to 1,000 construction jobs for more than two years and 50 to 60 permanent jobs after that.

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Plan puts LNG site on Maine tribal land (The Portland Press Herald 6/9)