InvestorsHub Logo
Followers 1080
Posts 106268
Boards Moderated 55
Alias Born 11/22/2003

Re: flaco1 post# 7

Thursday, 10/05/2006 3:49:05 AM

Thursday, October 05, 2006 3:49:05 AM

Post# of 45
2 Dehcho communities step up to pipeline plate -
Last Updated: Wednesday, October 4, 2006 | 10:57 AM CT
CBC News

The First Nations in Fort Simpson and Fort Liard want to join
the Aboriginal Pipeline Group for a piece of the proposed
Mackenzie Valley gas pipeline, their chiefs announced Tuesday.

The Aboriginal Pipeline Group, which is composed of the
Inuvialuit, the Gwich'in and the Sahtu region, has been trying
to lure the Dehcho First Nations into the fold.

Fort Simpson's Liidlii Kue First Nation Chief Keyna Norwegian
said the two communities plan to create a company to collect
the region's 34 per cent share of the pipeline group's
revenues and hold it in trust.


'This is strictly a business deal.'-Liidlii Kue Chief Keyna
Norwegian

Norwegian said polls and surveys of the Liidlii Kue people
during the past two years show unanimous support for the
massive Mackenzie gas project.

"This is strictly a business deal," said Norwegian who has
spoken against the project in the past.

"It's a way we're guaranteed to have some income coming into
our communities through the APG and ownership of the
pipeline."

The Aboriginal Pipeline Group has negotiated up to a 30 per
cent ownership of the 1,200-kilometre pipeline.
Its revenue would come from its share of tolls on the gas
that would move through the pipeline if it's built.

http://www.mvapg.com/page/page/1922394.htm

The two First Nations have hired former N.W.T. premier Jim
Antoine to talk the other eight communities into following
suit.

The Dehcho First Nations do not have a land-claims agreement
but the federal government has put an offer on the table.

http://www.cbc.ca/canada/north/story/2006/10/04/apg-pipeline.html

http://www.investorshub.com/boards/board.asp?board_id=5526





Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.