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[亚省新闻] Alberta increases 20% royalty rates charged to energy companies

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发表于 2007-10-25 15:20 | 显示全部楼层 |阅读模式
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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.# l0 L" q, y1 I. B4 E3 z1 u3 y/ H) \
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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.' p7 l9 ?. |7 s0 I' k6 ]8 d
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That figure is 25 per cent less than the $2 billion recommended by a government-appointed panel that reviewed the royalty formula, which had not changed since 1992.! w# \/ Y$ R- ?1 v- g. S
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Stelmach rejected about half of the panel's recommendations, including a new tax on oilsands production.( ~, Y: ?. v" x
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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.2 s8 D2 m# l: `: y% u2 Q$ q. I1 c

+ q4 F  P8 s% `: a1 M+ p6 ?7 ~"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.2 o, k1 O7 @! d$ o9 t& l

; y, x, ~! W5 n. z[ 本帖最后由 对酒当歌 于 2007-10-25 16:31 编辑 ]
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发表于 2007-10-26 08:31 | 显示全部楼层
Will the oil price go up after the royalty rates have been increased?
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