BBNC Board of Directors Passes Resolution to Oppose Offshore Oil and Gas Leasing
Anchorage, AK – The Bristol Bay Native Corporation Board of Directors passed a resolution during their December quarterly Board meeting opposing offshore oil and gas leasing in the North Aleutian Basin planning area. The Board of Directors of the Bristol Bay Native Corporation believes that the risks from offshore drilling to the Bering Sea’s living marine resources, and the communities that depend on them, from significant industrial activity and petrochemical spills, far outweigh any potential local or national benefits.
“The corporation encourages the restoration of measures to protect Bristol Bay and the southeastern Bering Sea from offshore oil and gas development. BBNC plans to be a staunch advocate on behalf of its shareholders and their way of life as this issue becomes more imminent,” said Board Chair Joseph Chythlook.
BBNC is supportive of responsible economic development in the region that is consistent with BBNC shareholder values. This resolution expresses the Board of Directors’ continued concern about the impact of development in the Bristol Bay region and makes further known its stance on the importance of resource protection.
About BBNC: BBNC is one of 13 Regional Corporations formed under the Alaska Native Claims Settlement Act of 1971. The corporation is a diversified company with investment and business holdings in a stock portfolio and card lock fueling, corrosion inspection, environmental engineering and remediation, oilfield and environmental cleanup labor, construction and surveying and government contracting services.The corporation has over 8,500 Eskimo, Aleut, and Athabascan shareholders with ancestral ties to the Bristol Bay region. More information can be found at www.bbnc.net.
Posted: December 14, 2009