Notley encouraged by industry interest in building new Alberta refinery

first_imgCALGARY (660 NEWS) – Alberta Premier Rachel Notley said her government has met with about a dozen companies about potentially building a new oil refinery.Last month the province invited the industry to pitch a brand new refinery or an expansion of an existing one, as long as it uses Alberta-produced oil.Notley said at the time it was too early to provide specifics on what the province might offer in any construction deal.Notley told cabinet ministers in Calgary Monday that the demonstration of interest so far has been [email protected] in #yyc says there’s been lots of interest in building a new oil refinery and the process is ongoing. pic.twitter.com/HlNDGKFx6R— Kayla Bruch (@KaylaBruch1) January 28, 2019“Not only does this kind of upgrading create good-paying, long-term jobs for Albertans, but it also helps us hedge against the issues of pipeline capacity and the differential,” said Notley.She adds the energy diversification unit of the government will continue to meet with companies, which have until Feb. 8 to submit a Request for Expressions of Interest.“Albertans have been getting pennies on the dollar for this for far too long, and that has to change, and so we need to move on it, and we need to change the history of previous governments’ failure to make real progress on this matter,” said Notley.Another project was announced last week, in which Notley says Calgary-based Value Creation Inc. is on track to invest $2 billion in an upgrading facility in Alberta and create more than 2,000 construction jobs and another 200 full-time positions once it’s up and running.READ MORE: Notley announces new investment from Calgary energy company — With files from City Newslast_img