A native ownership offer has been accepted by most of the tribes holding cooperation and benefits agreements with Coastal GasLink (CGL), a natural gas pipeline that TC Energy Corp. is building to supply the liquefied natural gas (LNG) export terminal underway in British Columbia (BC).

Sixteen of 20 tribes came to terms for the system, which would supply the Shell plc-led LNG Canada facility.

TC announced purchase option agreements for a 10% share in the 670-kilometer (416-mile) conduit with groups formed by the prospective buyers that are CGL First Nations LLP and FN CGL Pipeline LP.

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“This investment…will finally start to shift the...