O.C. 6/2014

January 9, 2014

            The Lieutenant Governor in Council, effective January 10, 2014,

1          approves the borrowing by Alberta Petroleum Marketing Commission of up to $1 000 000 000 from the Crown or any other person;

2          approves Alberta Petroleum Marketing Commission directly or indirectly purchasing shares, making a loan of money or entering into a joint venture or partnership or guaranteeing the obligations of any person for the purpose of financing the North West Redwater (Sturgeon) refinery.

For Information only

Recommended by:          Minister of Energy

Authority:                             Petroleum Marketing Act (sections 12 and 12.1)