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Alberta extends Sturgeon Refinery deal by 10 years, buying 50 per cent stake in bid to save $2 billion
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Jason Kenney, Godfather
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Alberta Premier Jason Kenney shuffles cabinet with some new faces, demotions - Medicine Hat NewsMedicine Hat News
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Alberta Premier Jason Kenney shuffles cabinet with some new faces, demotions
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The province announced a new agreement Monday that will restructure the project’s finances to save an estimated $2 billion over the life of the project, extend the government’s obligation to supply bitumen for processing until 2058, and make the Alberta Petroleum Marketing Commission (APMC) a 50 per cent equity partner.
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Try refreshing your browser, or Alberta extends Sturgeon Refinery deal by 10 years, buying 50 per cent stake in bid to save $2 billion Back to video
Energy Minister Sonya Savage said in an interview it was the best option to reduce the mounting long-term costs for taxpayers.