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Energy companies will be charged 20 per cent more for the right to develop Alberta's oil and gas resources, Premier Ed Stelmach revealed in a long-awaited announcement Thursday.0 e. c, i8 w6 K" C* x. [9 W z
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Introducing what he called "a framework for a new century," Stelmach said oil and gas companies will be paying $1.4 billion more a year in royalties starting in 2009.7 ^" K: C$ t! X/ ?6 C
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That figure is 25 per cent less than the $2 billion recommended by a government-appointed panel that reviewed the royalty formula, which had not changed since 1992.
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Stelmach rejected about half of the panel's recommendations, including a new tax on oilsands production.& c) O' M: |! Z; F- I) A" |
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However, royalties will increase for conventional oil, natural gas and oilsands projects, with Stelmach promising a simpler framework that reflects fluctuations in market prices., _ n2 N, |& _ Q1 I5 W' a
; U( \/ s/ ?* @$ L, \0 k"We recognize energy is a volatile industry. There is risk and there is reward. So when oil prices go up, the royalty goes up," Stelmach said in a news conference in Calgary.
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( b) {9 D% x" I9 r) }: D' i[ 本帖最后由 对酒当歌 于 2007-10-25 16:31 编辑 ] |
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