The Government of Canada has announced an investment of $467,200 to support a feasibility study to assess the potential for natural gas development in the Beaufort Delta region of the Northwest Territories.
The Inuvialuit Regional Corporation (IRC) is leading this project. This Indigenous-owned corporation seeks to lower living costs for local residents and businesses by securing a regional energy source to replace diesel. Should natural gas extraction be viable, the development of this resource could provide clean energy security, employment opportunities, and support a sustainable economic future in the Inuvialuit region.
“Inuvialuit are committed to working with our territorial and federal counterparts to unlock the potential of our region,” said Duane Ningaqsiq Smith, chair and CEO of the Inuvialuit Regional Corporation. “This feasibility study will improve our collective ability to take advantage of the cleaner energy that lies right beneath our feet.”
Until recently, the Town of Inuvik received energy from two natural gas wells in the area; however due to recent signs of depletion, the town now depends on diesel and propane from southern Canada, more than 2,500 km away. The opening of the Inuvik to Tuktoyaktuk all-season highway this autumn will provide access to the Inuvialuit-owned land with natural gas potential.