Saturday, February 14, 2009

New Mexico Natural Gas Deal

DULCE, N.M. (AP) - The Jicarilla Apache Nation has signed a 20-year right of way agreement with a subsidiary of Williams Partners, providing incentives to expand natural gas operations on the reservation.

Jicarilla president Levi Pesata said Thursday the deal will provide "a stable and significant source of money" for the northern New Mexico tribe.

Provisions of the agreement include recognition that sensitive religious, cultural and pristine sites will be off-limits to development. The company also agreed to provide education and training programs and employment for tribal members.
The deal also gives the Jicarillas a future option to convert the agreement into a joint venture.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

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