Tuesday, December 19, 2017

A BOOST TO THE CANADIAN OIL PATCH

CALGARY – In a boost to Alberta’s beleaguered energy industry, Inter Pipeline Ltd. said it will spend $3.5-billion on Canada’s first-ever propane-to-plastics petrochemical plant.
The announcement that a major new energy project will be built is welcome news in Alberta, which has seen a raft of pipelines and natural gas export plants delayed or cancelled, amid a three-year long downturn in oil prices.

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