Premier Colin Barnett has defended the government's plans to sell the Kwinana Bulk Terminal to Len Buckeridge in the hopes of bringing to an end the BGC chairman's $1 billion lawsuit against the state.

Premier Colin Barnett has defended the government's plans to sell the Kwinana Bulk Terminal to Len Buckeridge in the hopes of bringing to an end the BGC chairman's $1 billion lawsuit against the state.