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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.
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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.
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3 i2 v+ ^. Y* _1 D5 T: |. JThat figure is 25 per cent less than the $2 billion recommended by a government-appointed panel that reviewed the royalty formula, which had not changed since 1992.
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Stelmach rejected about half of the panel's recommendations, including a new tax on oilsands production.
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However, royalties will increase for conventional oil, natural gas and oilsands projects, with Stelmach promising a simpler framework that reflects fluctuations in market prices.9 r+ X2 i- b( y; k; H
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"We recognize energy is a volatile industry. There is risk and there is reward. So when oil prices go up, the royalty goes up," Stelmach said in a news conference in Calgary., N, o+ B- k: X& v
: K/ o& \9 w' f0 d$ h; \[ 本帖最后由 对酒当歌 于 2007-10-25 16:31 编辑 ] |
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发表于 2007-10-25 15:20
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