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"Petrochemicals Diversification Program Royalty Credit Regulation "

Petrochemicals Diversification Program Royalty Credit Regulation

This regulation is made under the Mines and Minerals Act to encourage companies to invest in the development of new Alberta petrochemical facilities. The regulation authorizes the Minister of Energy to establish royalty credits for the consumption of methane or propane, and permit approved petrochemical facilities to trade their earned credits with oil or natural gas producers to reduce their royalty payments.
 
    Chapter/Regulation: 54/2016
    Status: Office Consolidation
    Related Act
    Ministry Responsible: Energy
    Current to 211/2016
    Item/ISBN#: 9780779794485
    Regulation-Making Authority: Order In Council
    Pages 7
    View PDFView PDF
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