Hearing for Alberta oilsands project cancelled after First Nation strikes deal with Imperial Oil

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The Alberta Vitality Regulator says it’s not contemplating holding a public listening to for a brand new oilsands challenge after an Indigenous group reached a take care of the proponent, Imperial Oil.

In a discover on its web site, the AER says it doesn’t must schedule a listening to on the 162,000-barrel-per-day Aspen challenge after the Fort McKay First Nation withdrew a request to take part.

The regulator says the First Nation has indicated it might tackle challenge issues instantly with Imperial.

READ MORE: Draft plan launched for Alberta space necessary to Indigenous individuals and vitality sector

AER says the panel for the Aspen challenge requested and obtained extra info from the corporate and determined there aren’t any points that should be reviewed in a public continuing with out contributors.

Imperial CEO Wealthy Kruger has complained about how lengthy the regulatory course of has taken for the reason that firm first utilized for approval in 2013.

READ MORE: Imperial Oil vows to chop greenhouse fuel emissions by 10% per barrel

Aspen’s first section would price $2.four billion and produce 75,000 barrels per day of bitumen from wells utilizing steam and solvent expertise. The corporate has not made a last funding choice to construct it but.

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Supply hyperlink – https://globalnews.ca/information/4510771/aspen-oilsands-project-alberta-hearing-cancelled/

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