Wednesday, July 11, 2018

DISCOUNT ON HEAVY OIL IS RIDICULOUS

   Calgary Herald:  You know Canada has a profound problem building major energy infrastructure when even the president of OPEC laments the country’s long-standing pipeline conundrum.
But a lack of sufficient infrastructure — from pipelines to liquefied natural gas (LNG) facilities — is apparent both at home and abroad, and must be tackled as the country struggles to attract foreign investment into the energy sector.
During an interview in Calgary, United Arab Emirates Energy Minister Suhail Al Mazrouei spoke Monday about his country’s major investments in Alberta, the state of energy markets, as well as the need for LNG and pipelines to stem the price discount facing Canadian oil and natural gas.

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