Government assistance finalized for Biprovincial Upgrader

Journal Article · Mon Dec 01 04:00:00 EST 1986 · Pace Synth. Fuels Rep.; (United States)

OSTI ID:6218493

It was announced in September that Government of Canada support for the current phase of the Husky's Biprovincial Upgrader Project will be delivered through tax relief to Husky Oil Operations Ltd. On April 8, 1986, the governments of Canada, Alberta and Saskatchewan agreed to share in the estimated $90 million cost of completing preconstruction engineering work related to the proposed $3.2 billion 55,000 barrel/day upgrader project at Lloydminster, Saskatchewan. The project would upgrade heavy crude oil, which is currently exported from Canada, into a higher quality crude oil that can be processed by Canadian refineries. In addition to the federal support, the governments of Alberta and Saskatchewan agreed to provide $13.5 million each toward the pre-construction engineering costs.

• OSTI ID: 6218493
• Journal Information: Pace Synth. Fuels Rep.; (United States), Journal Name: Pace Synth. Fuels Rep.; (United States) Vol. 23:4; ISSN PSFRD
• Country of Publication: United States
• Language: English

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02 PETROLEUM
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CANADA
COST
ENERGY SOURCES
FINANCING
FOSSIL FUELS
FUELS
GEOLOGIC DEPOSITS
INDUSTRIAL PLANTS
LLOYDMINSTER DEPOSIT
NORTH AMERICA
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