About APG

APG is a business deal for ownership in the Mackenzie Valley Pipeline that has been negotiated by Aboriginal people. It works like this:

APG borrows money to pay for our share in the pipeline from a group of banks.

Natural gas producers sign long term shipping contracts with the pipeline and pay a fee to transport their gas from the Mackenzie Delta to Alberta.

Just like the other pipeline owners, APG receives its share of the transportation fees after the operating costs of the pipeline have been paid. APG uses a portion of this money to repay the bank loans and the rest is paid as a dividend to shareholders. Our shareholders utilize these dividend payments at their own discretion; APG has no say how the monies are spent.

The more natural gas that is shipped in the pipeline the more APG earns. When the loans are repaid, we could earn substantially more.