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Two PG area First Nations join Formula Capital Corporation to construct liquids recovery facility

The Lheidli T’enneh, McLeod Lake Indian Band, and Formula Capital Corporation have joined forces to work in partnership to develop facilities for the processing and upgrading of natural gas liquids.

The NGL processing complex will be located within the proposed Shas Ti-Dlezeh Industrial Park, 40 kilometers north of Prince George.

Lheidli T’enneh Chief, Clay Pountney stated this in a news release this morning (Monday).

“Today’s announcement builds on the vision of our two Nations’ established partnership to develop the Shas Ti-Dlezeh Industrial Park in the North Fraser area. We are pleased to welcome Formula Capital Corporation as a partner to explore a natural gas liquids (NGL) complex in the new industrial park.”

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“We look forward to developing another successful business with local partners we know well and trust. The entire region will benefit from this project” relayed Chief Chingee of the McLeod Lake Indian Band.

LTN, MLIB, and FCC are committed to the finalization of their partnership, ensuring these major projects remain locally driven and provide regional benefits.

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