Yeah, thank you, Madam Chair. So I think there's a couple factors going in to the decision to purchase fuel from -- not from Alberta and bring it "over to the top" as it's called. I think right now we purchase our -- our fuel through a Glencore in Washington, and it comes up across Alaska North Slope.
One of the issues that we have of bringing fuel up is obviously we're 100 percent reliable on rail or road transportation. It's a long way to bring fuel in tankers. So what we've done to try and reduce some of the risk is to bring fuel from a tanker right to the port of Tuk where it's loaded off into our barges and barged into the various communities in the Inuvik settlement region. So I think there's a risk analysis that is undertaken to decide just to go that way. So last year was our first year, kind of a trial run. We do have a two-year contract. And then we'll have some options to whether or not we extend the contract or not.
So it's not just about prices, although we're constantly trying to reduce the cost of living, especially in the coastal communities. It is also a risk analysis that's done there as well. Thank you, Madam Chair.