223Company signs deal for NWT pipeline
- Jul 1, 2001ffrom Don Bain..thanks!
Company signs deal for NWT pipeline
YELLOWKNIFE, N.W.T. - Aboriginal leaders from Norman Wells, Tulita, Fort
Good Hope and Alberta signed an agreement last week with the Arctic
Resources Company to build a 100% aboriginal-owned northern gas
They announced the signing of a framework memorandum in a news release
The project would create a natural gas pipeline extending from Prudhoe
Bay, Alaska, under the Beaufort Sea and down the Mackenzie Valley to
Edmonton, Alberta. Arctic Resources is a American-owned company based in
The company has proposed that it manage the project under a long-term
There will be series of negotiations over the next two months between
the company and the aboriginal groups that signed the Agreement.
Representatives of the Deh Cho First Nations did not sign the agreement,
but attended the meetings as observers.
Arctic Resources hopes to offer a similar deal to Aboriginal groups in
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