The Imperial Strathcona refinery near Edmonton
Alberta’s petrochemicals advantage
Canada’s oil hub looks to the future amid a supportive geological and investment environment
Alberta could “have one of the biggest petrochemical industries in the world”, the province’s premier, Danielle Smith, told the PetroChem Canada West conference in Calgary in early April. The Canadian province has received C$30b ($22b) in applications for its Alberta Petrochemical Incentives Program (APIP), which pays up to 12% of a project’s capital costs upon completion, since the programme was announced in October 2020, she said. To date, one project has been completed under APIP, Calgary-based Inter Pipeline’s C$5b Heartland Petrochemical Complex in Alberta’s Industrial Heartland (AIH) near Edmonton, in July 2022. “The operation is the only one of its kind in North America, offering the
Also in this section
16 September 2024
The third part of our fourth chapter on the history of oil takes the story of gas to the present day with the rise of LNG and the creation of a truly global market
16 September 2024
Gas is difficult to move compared with oil, requiring additional infrastructure. The second part of our history of gas examines how expanding pipeline networks made it possible to monetise the fuel
16 September 2024
The first part of our fourth chapter on the history of oil looks at the origins of gas and LNG—once considered a nuisance, now a fuel of the future
13 September 2024
The Ukraine–Russia gas transit and interconnection agreements are due to expire at the end of this year, but despite some uncertainty, Europe seems well-prepared
