Alberta to offer $1.5 billion to boost gas industry

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Wed, Mar 4, 2009
Gas Market News
Post by Melissa Pistilli, Gas Senior Reporter

Alberta, Canada’s biggest oil and gas producing province, presented its bruised up industry up to C$1.5 billion in royalty breaks and credits in a bid to boost drilling and soften the impact of sinking petroleum prices.

Energy Minister Mel Knight, said:

This is not about splashing money around.

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