PYX Resources: Achieving volume and diversification milestones. Watch the video here.

Less Ads, More Data, More Tools Register for FREE
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied Materials
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied MaterialsView Video
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to mining
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to miningView Video

Latest Share Chat

EXPLAINER-Why are indigenous groups protesting a Canada gas pipeline?

Wed, 12th Feb 2020 20:16

WINNIPEG, Manitoba, Feb 12 (Reuters) - Protests broke out in
many parts of Canada over the past week, triggered by arrests of
dozens of protesters on traditional indigenous land along a
route for TC Energy Corp's planned Coastal GasLink
pipeline.

The demonstrations have disrupted freight and passenger rail
and Canadian Prime Minister Justin Trudeau on Wednesday urged
protesters to find a quick solution.

WHAT ARE THE PROTESTS ABOUT?

The flashpoint was police arrests that started last week in
northern British Columbia of protesters who oppose the
pipeline's construction on traditional land of the Wet'suwet'en
indigenous people.

The C$6.6-billion ($4.98 billion) Coastal GasLink is set to
run through British Columbia, bringing natural gas to the coast
where a Royal Dutch Shell-led group is building a
liquified natural gas export terminal. In December, a private
equity firm KKR & Co Inc consortium agreed to buy a 65%
stake in the pipeline.

Some 28% of the 670-km (420-mile) route passes through
Wet'suwet'en lands.

WHO ARE THE PROTESTERS?

Some protesters are Wet'suwet'en while others are indigenous
people protesting in sympathy with the Wet'suwet'en as well as
non-indigenous people who are concerned about First Nations or
environmental issues.

Many of them say that forcibly removing indigenous people
from their lands is out of step with Canada's stated goal of
improving relations with First Nations.

WHERE DO INDIGENOUS PEOPLE STAND ON COASTAL GASLINK?

All elected officials of the 20 indigenous communities along
the pipeline route, including Wet'suwet'en elected leaders,
support Coastal. It would bring economic benefits to some of
Canada's most impoverished communities.

Wet'suwet'en hereditary chiefs say that they hold authority
for the community's traditional lands, not the elected councils,
and they oppose Coastal for its potential impact on forest and
rivers.

The indigenous issues are further complicated by the fact
that much of British Columbia is unceded territory - meaning
there are no treaties between the Canadian government and
indigenous groups.

WHAT IS AT STAKE?

Canadian National Railway Co, the country's biggest
railroad, said on Tuesday it would be forced to shut down parts
of its network unless rail line blockades are removed.

Ports also faced protests. Canada exports the vast majority
of the grain, potash and crude oil that it produces.

WHAT HAPPENS NEXT?

Wet'suwet'en chiefs have called for police to cease
enforcement of a December court injunction against protesters
blocking construction.

Alberta Premier Jason Kenney, whose province depends on oil
and gas revenue, on Tuesday called for police to step up
enforcement, saying the protests are about ideology that is
opposed to fossil fuels, not indigenous issues.
($1 = 1.3258 Canadian dollars)
(Reporting by Rod Nickel in Winnipeg, Manitoba; Editing by
Cynthia Osterman)

Related Shares

More News
27 Oct 2022 07:30

Shell announces $4bn share buyback as Q3 profits beat expectations

(Sharecast News) - Oil giant Shell announced a $4bn share buyback on Thursday as it posted better-than-expected third-quarter profits.

21 Apr 2022 11:53

Shell turning to China to offload Russian business - report

(Sharecast News) - Shell is reportedly looking to China as it looks to offload its Russian business.

15 Feb 2022 15:54

Shell preparing to sell North Sea gas fields - report

(Sharecast News) - Shell is reportedly preparing to launch the sale of its stakes in two clusters of gas fields in the southern British North Sea, par...

7 Feb 2022 10:52

Berenberg nudges up target price on Shell

(Sharecast News) - Analysts at Berenberg slightly raised their target price on oil and gas giant Shell from 2,350.0p to 2,375.0p on Monday, stating th...

31 Jan 2022 10:53

TOP NEWS SUMMARY: Shell and BHP share unifications go into effect

TOP NEWS SUMMARY: Shell and BHP share unifications go into effect

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.