 Syncrude reaches royalty deal with Alberta Syncrude has reached a new Crown agreement with the Alberta government that will see the partners in the project pay an additional $975 million in royalties from 2010 to 2015Commentsview comments in forum Page 1 You need to be a member of CKA and be logged into the site, to comment on news. |
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Seriously, it's about time oil companies started paying royalties more in line with other jurisdictions in the world.
Good news! Another billion a year in royalties will go a long way to paying those inflated MLA salries!
Seriously, it's about time oil companies started paying royalties more in line with other jurisdictions in the world.
I like the simplicity. Pay $X per barrel of bitumen, as opposed to the complicated system of royalties which no one really seemed to know the full extent of. Or were sure if we were getting a fair deal.