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Quoddy Bay LNG Halts Quarterly Lease Payments to Passamaquoddy Tribe

According to Platts LNG Daily [subscription required], Quoddy Bay LNG has stopped paying quarterly lease payments to the Passamaquoddy Tribe, from which the company has leased land for its proposed LNG terminal. According to Quoddy Bay LNG President Dona
July 27, 2008

According to Platts LNG Daily [subscription required], Quoddy Bay LNG has stopped paying quarterly lease payments to the Passamaquoddy Tribe, from which the company has leased land for its proposed LNG terminal. According to Quoddy Bay LNG President Donald Smith, the company has made voluntary payments to the tribe totaling nearly $800,000 since March 2007.

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