Darwin, Australia: INPEX, on behalf of Ichthys Joint Venture participants, is proud to announce the signing of a landmark $24 million benefits agreement with the Larrakia people in Darwin.
The 40-year agreement is considered the most significant long term package of benefits and opportunities provided outside of Native Title obligations.
The signing of the agreement marks the culmination of more than a decade of relationship building and collaboration between INPEX and the Larrakia people.
The INPEX Larrakia Advisory Committee, which includes representation from the Larrakia Development Corporation and Larrakia Nation Aboriginal Corporation, will oversee the distribution of benefits to Larrakia people. Initially, the focus is expected to be on education initiatives and on the support of the elderly members of the community.
INPEX Larrakia Advisory Committee Chairman Bill Risk said INPEX was the first company in the Northern Territory to engage Larrakia to undertake heritage surveys to ensure the protection of their cultural heritage for future generations.
“This is an agreement built on a foundation of trust and respect between INPEX and Larrakia,” Mr Risk said.
INPEX President Director Australia, Mr Seiya Ito, noted that the Japanese and Larrakia peoples share deep connections.
“We are both salt water people, we respect our Elders and we celebrate rich cultures in our daily lives,” Mr Ito said.
“Ichthys LNG has benefitted enormously from the support of the Larrakia people over many years. INPEX looks forward to building on our strong relationship with the Larrakia people for decades to come.”
INPEX, on behalf of the Ichthys Joint Venture already provides: a scholarship program for Larrakia tertiary students to undertake studies at any university in Australia; a funding program for primary and secondary Larrakia school students; and an air conditioning program for Elders and people with disabilities.
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