In October 2001 a Memorandum of Understanding was signed
between the Mackenzie Valley
Aboriginal Pipeline Corporation and four Canadian oil and
gas companies. This historic agreement established a business
partnership with aboriginal peoples and outlines that the Mackenzie
Valley natural gas pipeline will be contructed and operated in a way
that will give significant economic benefit to northerners.
The funding and participation agreements signed in 2003 enhance the rights of the
Aboriginal Pipeline Group as defined in the Memorandum of Understanding. They chart
a course for the Project to move forward in a way that will create real and lasting benefits
for the people of the North.