52
Alberta Petrochemical Industry Tom Pearson November 15, 2006
Alb
erta
Pet
roch
emic
al
Indu
stry
Tom
Pea
rson
Nov
embe
r 15,
200
6
Pg. 2
••Pr
opos
ed in
197
4 by
Pre
mie
r Pet
er
Prop
osed
in 1
974
by P
rem
ier P
eter
Lo
ughe
edLo
ughe
edin
resp
onse
to d
eman
d fo
r in
resp
onse
to d
eman
d fo
r A
lber
ta o
il by
Ont
ario
pet
roch
emic
al
Alb
erta
oil
by O
ntar
io p
etro
chem
ical
in
dust
ry
indu
stry
––di
dn’t
wan
t to
ship
di
dn’t
wan
t to
ship
pe
troc
hem
ical
jobs
to
petr
oche
mic
al jo
bs to
Sar
nia
Sarn
ia
••A
lber
ta h
ad b
een
inve
stig
atin
g et
hane
A
lber
ta h
ad b
een
inve
stig
atin
g et
hane
ba
sed
petr
oche
mic
al m
anuf
actu
ring
base
d pe
troc
hem
ical
man
ufac
turin
g te
chno
logy
tech
nolo
gy
••Th
e Th
e Lo
ughe
edLo
ughe
edgo
vern
men
t fel
t tha
t go
vern
men
t fel
t tha
t A
lber
ta s
houl
d ha
ve it
s ow
n A
lber
ta s
houl
d ha
ve it
s ow
n pe
troc
hem
ical
indu
stry
to d
iver
sify
the
petr
oche
mic
al in
dust
ry to
div
ersi
fy th
e ec
onom
yec
onom
y
Alb
erta
Pet
roch
emic
al In
dust
ry -
His
tory
Pg. 3
••In
itial
Cor
pora
te In
volv
emen
tIn
itial
Cor
pora
te In
volv
emen
t
••D
ow C
hem
ical
Can
ada
Dow
Che
mic
al C
anad
a
••A
lber
ta G
as T
runk
Lin
eA
lber
ta G
as T
runk
Lin
e
••A
lber
ta G
as E
thyl
ene
Alb
erta
Gas
Eth
ylen
e
••D
ome
Petr
oleu
mD
ome
Petr
oleu
m
••C
onst
ruct
ion
Perio
d: 1
976
Con
stru
ctio
n Pe
riod:
197
6 ––
1980
1980
••St
artu
p of
New
Fac
ilitie
s: S
epte
mbe
r St
artu
p of
New
Fac
ilitie
s: S
epte
mbe
r 19
7919
79
Alb
erta
Pet
roch
emic
al In
dust
ry -
His
tory
Pg. 4
••A
lber
ta G
as T
runk
Lin
e (A
GTL
)A
lber
ta G
as T
runk
Lin
e (A
GTL
)
••A
lber
ta N
atur
al G
as
Alb
erta
Nat
ural
Gas
ex
trac
tion/
stra
ddle
pla
nt in
ex
trac
tion/
stra
ddle
pla
nt in
C
ochr
ane
Coc
hran
e
••Em
pres
s ex
trac
tion/
stra
ddle
pla
ntEm
pres
s ex
trac
tion/
stra
ddle
pla
nt
••A
lber
ta E
than
e G
athe
ring
Syst
em
Alb
erta
Eth
ane
Gat
herin
g Sy
stem
(A
EGS)
(A
EGS)
––su
pplie
d et
hane
from
su
pplie
d et
hane
from
C
ochr
ane
and
Empr
ess
to A
GE
EC
ochr
ane
and
Empr
ess
to A
GE
E--
1 et
hyle
ne p
lant
in
1 et
hyle
ne p
lant
in J
offr
eJo
ffre
Alb
erta
Pet
roch
emic
al In
dust
ry –
Orig
inal
Fac
ilitie
s
Pg. 5
••A
lber
ta G
as E
thyl
ene
(AG
E)
Alb
erta
Gas
Eth
ylen
e (A
GE)
--Jo
ffre
Joffr
e
••A
lber
ta G
as E
thyl
ene
esta
blis
hed
Alb
erta
Gas
Eth
ylen
e es
tabl
ishe
d by
Alb
erta
gov
ernm
ent a
nd
by A
lber
ta g
over
nmen
t and
ev
entu
ally
bec
ame
part
of N
OVA
even
tual
ly b
ecam
e pa
rt o
f NO
VA
••EE
-- 1 E
thyl
ene
Plan
t (Et
hane
1
Ethy
lene
Pla
nt (E
than
e C
rack
er)
Cra
cker
)
••Et
hyle
ne P
ipel
ine
to D
ow F
ort
Ethy
lene
Pip
elin
e to
Dow
For
t Sa
skat
chew
anSa
skat
chew
an
••D
iam
ond
Sham
rock
Alb
erta
Gas
D
iam
ond
Sham
rock
Alb
erta
Gas
(n
ow
(now
Oxy
viny
lsO
xyvi
nyls
) PVC
) P
VC --
Scot
ford
Scot
ford
Alb
erta
Pet
roch
emic
al In
dust
ry –
Orig
inal
Fac
ilitie
s
Pg. 6
••Et
hane
Fee
dsto
ck R
egul
atio
nsEt
hane
Fee
dsto
ck R
egul
atio
ns
••A
lber
ta P
etro
chem
ical
Indu
stry
A
lber
ta P
etro
chem
ical
Indu
stry
ha
d ha
d Fi
rst C
all
Firs
t Cal
l on
all e
than
e on
all
etha
ne
feed
stoc
kfe
edst
ock
••Su
pply
and
Pric
e of
Eth
ane
Supp
ly a
nd P
rice
of E
than
e fe
edst
ock
guar
ante
ed b
y A
lber
ta
feed
stoc
k gu
aran
teed
by
Alb
erta
go
vern
men
tgo
vern
men
t
••Ex
port
s of
eth
ane
limite
d to
Ex
port
s of
eth
ane
limite
d to
am
ount
s no
t req
uire
d by
Alb
erta
am
ount
s no
t req
uire
d by
Alb
erta
Pe
troc
hem
ical
Indu
stry
Petr
oche
mic
al In
dust
ry
Alb
erta
Pet
roch
emic
al In
dust
ry –
Orig
inal
Fac
ilitie
s
Pg. 7
••D
ow C
hem
ical
Can
ada
Dow
Che
mic
al C
anad
a ––
Fort
Fo
rt
Sask
atch
ewan
Sask
atch
ewan
••Et
hyle
ne D
ichl
orid
e/Vi
nyl C
hlor
ide
Ethy
lene
Dic
hlor
ide/
Viny
l Chl
orid
e M
onom
erM
onom
er
••C
hlor
Chl
or-- A
lkal
i (C
hlor
ine
and
Cau
stic
)A
lkal
i (C
hlor
ine
and
Cau
stic
)
••Et
hyle
ne O
xide
/Eth
ylen
e G
lyco
lEt
hyle
ne O
xide
/Eth
ylen
e G
lyco
l
••Et
hyle
ne S
tora
ge W
ells
Ethy
lene
Sto
rage
Wel
ls
••Po
wer
and
Util
ities
Po
wer
and
Util
ities
––Tw
o Tw
o C
ogen
Cog
enPo
wer
Uni
tsPo
wer
Uni
ts
Alb
erta
Pet
roch
emic
al In
dust
ry –
Orig
inal
Fac
ilitie
s
Pg. 8
••D
ome
Petr
oleu
mD
ome
Petr
oleu
m
••18
00 m
ile C
ochi
n Pi
pelin
e fr
om
1800
mile
Coc
hin
Pipe
line
from
Fo
rt S
aska
tche
wan
to
Fort
Sas
katc
hew
an to
Sar
nia
Sarn
ia, ,
Ont
ario
Ont
ario
••Pr
oduc
ts s
hipp
ed:
Prod
ucts
shi
pped
:
••Et
hyle
ne to
Dow
Che
mic
al
Ethy
lene
to D
ow C
hem
ical
C
anad
a,
Can
ada,
Sar
nia
Sarn
ia, O
ntar
io
, Ont
ario
fa
cilit
ies
faci
litie
s
Alb
erta
Pet
roch
emic
al In
dust
ry –
Orig
inal
Fac
ilitie
s
Pg. 9
••D
ome
Petr
oleu
mD
ome
Petr
oleu
m
••Pr
oduc
ts s
hipp
ed:
Prod
ucts
shi
pped
:
••Et
hane
(am
ount
s no
t req
uire
d Et
hane
(am
ount
s no
t req
uire
d by
Alb
erta
pet
roch
emic
al
by A
lber
ta p
etro
chem
ical
in
dust
ry)
indu
stry
)
••Pr
opan
ePr
opan
e
Alb
erta
Pet
roch
emic
al In
dust
ry –
Orig
inal
Fac
ilitie
s
Pg. 1
0
••19
84
1984
--19
8519
85
••A
lber
ta G
as E
thyl
ene
EA
lber
ta G
as E
thyl
ene
E-- 2
Eth
ane
2 Et
hane
C
rack
er
Cra
cker
––Jo
ffre
Joffr
e
••A
lber
ta G
as E
thyl
ene
Poly
ethy
lene
A
lber
ta G
as E
thyl
ene
Poly
ethy
lene
––
Joffr
eJo
ffre
(( Uni
pol
Uni
pol p
roce
ss li
cens
ed
proc
ess
licen
sed
from
Uni
on C
arbi
de)
from
Uni
on C
arbi
de)
••D
ow C
hem
ical
Tra
in 1
D
ow C
hem
ical
Tra
in 1
Po
lyet
hyle
ne
Poly
ethy
lene
––Fo
rt S
aska
tche
wan
Fort
Sas
katc
hew
an
Alb
erta
Pet
roch
emic
al In
dust
ry –
Expa
nsio
ns
Pg. 1
1
••19
84
1984
––19
8519
85
••U
nion
Car
bide
(now
Dow
U
nion
Car
bide
(now
Dow
C
hem
ical
) P1
Gly
col
Che
mic
al) P
1 G
lyco
l --Pr
entis
sPr
entis
s
••Sh
ell C
hem
ical
Sty
rene
Sh
ell C
hem
ical
Sty
rene
--Sc
otfo
rdSc
otfo
rd
••IC
I (no
w A
T Pl
astic
s) P
olye
thyl
ene
ICI (
now
AT
Plas
tics)
Pol
yeth
ylen
e -- E
dmon
ton
Edm
onto
n
••C
elan
ese
Viny
l Ace
tate
and
C
elan
ese
Viny
l Ace
tate
and
M
etha
nol
Met
hano
l --Ed
mon
ton
Edm
onto
n
Alb
erta
Pet
roch
emic
al In
dust
ry –
Expa
nsio
ns
Pg. 1
2
••19
89
1989
--19
9419
94
••D
ow C
hem
ical
LH
CD
ow C
hem
ical
LH
C-- 1
Eth
ane
1 Et
hane
C
rack
er
Cra
cker
––Fo
rt S
aska
tche
wan
Fort
Sas
katc
hew
an
••D
ow C
hem
ical
Nat
ural
Gas
Liq
uids
D
ow C
hem
ical
Nat
ural
Gas
Liq
uids
Fr
actio
nato
rFr
actio
nato
r––
Fort
Sas
katc
hew
an
Fort
Sas
katc
hew
an
(JV
with
She
ll C
anad
a)(J
V w
ith S
hell
Can
ada)
••D
ow C
hem
ical
Tra
in 2
D
ow C
hem
ical
Tra
in 2
Po
lyet
hyle
ne
Poly
ethy
lene
––Fo
rt S
aska
tche
wan
Fort
Sas
katc
hew
an
Alb
erta
Pet
roch
emic
al In
dust
ry –
Expa
nsio
ns
Pg. 1
3
••19
89
1989
--19
9419
94
••U
nion
Car
bide
(now
Dow
U
nion
Car
bide
(now
Dow
C
hem
ical
) P2
Ethy
lene
Gly
col
Che
mic
al) P
2 Et
hyle
ne G
lyco
l ––Pr
entis
sPr
entis
s
••A
ll ex
istin
g D
ow E
thyl
ene
All
exis
ting
Dow
Eth
ylen
e de
rivat
ive
plan
ts e
xpan
ded
(de
rivat
ive
plan
ts e
xpan
ded
( Chl
orC
hlor
--al
kali,
VC
M/E
DC
, EO
/EG
, al
kali,
VC
M/E
DC
, EO
/EG
, Po
lyet
hyle
ne)
Poly
ethy
lene
)
••C
elan
ese
expa
nded
ext
rude
d C
elan
ese
expa
nded
ext
rude
d C
ellu
lose
Ace
tate
Cel
lulo
se A
ceta
te
Alb
erta
Pet
roch
emic
al In
dust
ry –
Expa
nsio
ns
Pg. 1
4
••19
97
1997
--19
9819
98
••D
ow C
hem
ical
LH
CD
ow C
hem
ical
LH
C-- 1
Eth
ane
1 Et
hane
C
rack
er 1
00%
Exp
ansi
on
Cra
cker
100
% E
xpan
sion
––Fo
rt
Fort
Sa
skat
chew
anSa
skat
chew
an
••D
ow C
hem
ical
Tra
in 3
D
ow C
hem
ical
Tra
in 3
Po
lyet
hyle
ne
Poly
ethy
lene
––Fo
rt S
aska
tche
wan
Fort
Sas
katc
hew
an
Alb
erta
Pet
roch
emic
al In
dust
ry –
Expa
nsio
ns
Pg. 1
5
••19
98
1998
--20
0020
00
••N
OVA
EN
OVA
E-- 3
Eth
ane
Cra
cker
3
Etha
ne C
rack
er ––
Joffr
eJo
ffre
(50%
JV
with
Uni
on C
arbi
de
(50%
JV
with
Uni
on C
arbi
de ––
now
no
w
Dow
Che
mic
al)
Dow
Che
mic
al)
••N
OVA
N
OVA
Scl
airt
ech
Scla
irtec
hPo
lyet
hyle
ne
Poly
ethy
lene
––Jo
ffre
Joffr
e
••N
OVA
N
OVA
Cog
enC
ogen
Pow
er U
nits
(4)
Pow
er U
nits
(4) --
Joffr
eJo
ffre
••A
moc
o Li
near
Alp
ha O
lefin
s (L
AO
) A
moc
o Li
near
Alp
ha O
lefin
s (L
AO
) Pl
ant
Plan
t --Jo
ffre
Joffr
e
Alb
erta
Pet
roch
emic
al In
dust
ry –
Expa
nsio
ns
Pg. 1
6
••19
98
1998
--20
0020
00
••U
nion
Car
bide
(now
Dow
U
nion
Car
bide
(now
Dow
C
hem
ical
) LP7
Pol
yeth
ylen
e C
hem
ical
) LP7
Pol
yeth
ylen
e --
Pren
tiss
Pren
tiss
••D
ow C
hem
ical
Thi
rd
Dow
Che
mic
al T
hird
Cog
enC
ogen
Pow
er
Pow
er
Uni
t U
nit ––
Fort
Sas
katc
hew
anFo
rt S
aska
tche
wan
••Sh
ell C
anad
a Et
hyle
ne G
lyco
l Sh
ell C
anad
a Et
hyle
ne G
lyco
l ––Sc
otfo
rdSc
otfo
rd
••N
OVA
N
OVA
Jof
fre
Joffr
eEt
hane
Ext
ract
ion
Etha
ne E
xtra
ctio
n
Alb
erta
Pet
roch
emic
al In
dust
ry –
Expa
nsio
ns
Pg. 1
7
••19
98
1998
--20
0020
00
••Sh
ell C
hem
ical
Sh
ell C
hem
ical
Cog
enC
ogen
Pow
er U
nit
Pow
er U
nit --
Scot
ford
Scot
ford
••Sh
ell C
anad
a Sh
ell C
anad
a C
ogen
Cog
enPo
wer
Uni
t Po
wer
Uni
t ––Sc
otfo
rdSc
otfo
rd
Alb
erta
Pet
roch
emic
al In
dust
ry –
Expa
nsio
ns
Pg. 1
8
••A
lber
ta P
etro
chem
ical
A
lber
ta P
etro
chem
ical
In
dust
ry a
nnua
l rev
enue
now
In
dust
ry a
nnua
l rev
enue
now
ap
proa
chin
g $9
Bill
ion
per
appr
oach
ing
$9 B
illio
n pe
r ye
arye
ar
••Se
cond
larg
est i
ndus
try
in
Seco
nd la
rges
t ind
ustr
y in
A
lber
taA
lber
ta
Alb
erta
Pet
roch
emic
al In
dust
ry –
Expa
nsio
ns
Pg. 1
9
••To
tal A
lber
ta P
etro
chem
ical
Indu
stry
Tota
l Alb
erta
Pet
roch
emic
al In
dust
ry
••70
00 d
irect
jobs
& 1
4,00
0 in
dire
ct
7000
dire
ct jo
bs &
14,
000
indi
rect
jo
bsjo
bs
••To
tal S
alar
y $1
.7 B
illio
n pe
r yea
rTo
tal S
alar
y $1
.7 B
illio
n pe
r yea
r
••A
lber
ta in
com
e ta
x pa
id: $
168
Alb
erta
inco
me
tax
paid
: $16
8 m
illio
n pe
r yea
rm
illio
n pe
r yea
r
••A
lber
ta p
rope
rty
tax
paid
: $92
A
lber
ta p
rope
rty
tax
paid
: $92
m
illio
n pe
r yea
rm
illio
n pe
r yea
r
Alb
erta
Pet
roch
emic
al In
dust
ry –
Expa
nsio
ns
Pg. 2
0
••20
0120
01
••C
elan
ese
Viny
l Ace
tate
, Ace
tic
Cel
anes
e Vi
nyl A
ceta
te, A
cetic
A
cid,
For
mal
dehy
de &
A
cid,
For
mal
dehy
de &
Pen
taPe
nta
Eryt
hrol
Eryt
hrol
plan
ts s
hutd
own
plan
ts s
hutd
own
••Lo
ss o
f 310
dire
ct jo
bs &
620
Lo
ss o
f 310
dire
ct jo
bs &
620
in
dire
ct jo
bsin
dire
ct jo
bs
••A
lber
ta s
alar
y re
duct
ion
of $
75
Alb
erta
sal
ary
redu
ctio
n of
$75
m
illio
n pe
r yea
rm
illio
n pe
r yea
r
••A
lber
ta in
com
e an
d pr
oper
ty ta
x A
lber
ta in
com
e an
d pr
oper
ty ta
x re
duct
ion
of $
10 m
illio
n pe
r yea
rre
duct
ion
of $
10 m
illio
n pe
r yea
r
Alb
erta
Pet
roch
emic
al In
dust
ry –
DEC
LIN
E
Pg. 2
1
••20
0220
02
••D
ow C
hem
ical
196
8 D
ow C
hem
ical
196
8 C
hlor
Chl
or-- a
lkal
i al
kali
plan
t shu
tdow
npl
ant s
hutd
own
••Lo
ss o
f 35
dire
ct jo
bs &
70
Loss
of 3
5 di
rect
jobs
& 7
0 in
dire
ct jo
bsin
dire
ct jo
bs
••A
lber
ta s
alar
y re
duct
ion
of $
8.4
Alb
erta
sal
ary
redu
ctio
n of
$8.
4 m
illio
n pe
r yea
rm
illio
n pe
r yea
r
••A
lber
ta in
com
e an
d pr
oper
ty ta
x A
lber
ta in
com
e an
d pr
oper
ty ta
x re
duct
ion
of $
1.6
mill
ion
per
redu
ctio
n of
$1.
6 m
illio
n pe
r ye
arye
ar
Alb
erta
Pet
roch
emic
al In
dust
ry –
DEC
LIN
E
Pg. 2
2
••20
0320
03
••D
ow C
hem
ical
For
t Sas
katc
hew
an
Dow
Che
mic
al F
ort S
aska
tche
wan
$7
5 m
illio
n Et
hane
Cra
cker
$7
5 m
illio
n Et
hane
Cra
cker
ex
pans
ion
dela
yed
inde
finite
lyex
pans
ion
dela
yed
inde
finite
ly
Alb
erta
Pet
roch
emic
al In
dust
ry –
DEC
LIN
E
Pg. 2
3
••20
0520
05
••C
elan
ese
Cel
lulo
se A
ceta
te I
Cel
anes
e C
ellu
lose
Ace
tate
I(c
igar
ette
tow
) pla
nt s
hutd
own
(cig
aret
te to
w) p
lant
shu
tdow
n
••Lo
ss o
f 200
dire
ct jo
bs &
400
Lo
ss o
f 200
dire
ct jo
bs &
400
in
dire
ct jo
bsin
dire
ct jo
bs
••A
lber
ta s
alar
y re
duct
ion
of $
48
Alb
erta
sal
ary
redu
ctio
n of
$48
m
illio
n pe
r yea
rm
illio
n pe
r yea
r
••A
lber
ta in
com
e an
d pr
oper
ty ta
x A
lber
ta in
com
e an
d pr
oper
ty ta
x re
duct
ion
of $
7 m
illio
n pe
r yea
rre
duct
ion
of $
7 m
illio
n pe
r yea
r
Alb
erta
Pet
roch
emic
al In
dust
ry –
DEC
LIN
E
Pg. 2
4
••Ja
nuar
y 20
06Ja
nuar
y 20
06
••O
xyvi
nyls
Oxy
viny
lsPo
lyVi
nyl
Poly
Viny
l Chl
orid
e re
sin
Chl
orid
e re
sin
plan
t shu
tdow
npl
ant s
hutd
own
••Lo
ss o
f 55
dire
ct jo
bs &
110
Loss
of 5
5 di
rect
jobs
&11
0 in
dire
ct jo
bsin
dire
ct jo
bs
••A
lber
ta s
alar
y re
duct
ion
of $
13
Alb
erta
sal
ary
redu
ctio
n of
$13
m
illio
n pe
r yea
rm
illio
n pe
r yea
r
••A
lber
ta in
com
e an
d pr
oper
ty ta
x A
lber
ta in
com
e an
d pr
oper
ty ta
x re
duct
ion
of $
2.6
mill
ion
per
redu
ctio
n of
$2.
6 m
illio
n pe
r ye
arye
ar
Alb
erta
Pet
roch
emic
al In
dust
ry –
DEC
LIN
E
Pg. 2
5
••M
arch
200
6M
arch
200
6
••D
ow C
hem
ical
Vin
yl C
hlor
ide
Dow
Che
mic
al V
inyl
Chl
orid
e M
onom
er p
lant
shu
tdow
nM
onom
er p
lant
shu
tdow
n
••Lo
ss o
f 40
dire
ct jo
bs &
80
Loss
of 4
0 di
rect
jobs
& 8
0 in
dire
ct jo
bsin
dire
ct jo
bs
••A
lber
ta s
alar
y re
duct
ion
of $
10
Alb
erta
sal
ary
redu
ctio
n of
$10
m
illio
n pe
r yea
rm
illio
n pe
r yea
r
••A
lber
ta in
com
e an
d pr
oper
ty ta
x A
lber
ta in
com
e an
d pr
oper
ty ta
x re
duct
ion
of $
1.7
mill
ion
per
redu
ctio
n of
$1.
7 m
illio
n pe
r ye
arye
ar
Alb
erta
Pet
roch
emic
al In
dust
ry –
DEC
LIN
E
Pg. 2
6
••O
ctob
er 2
006
Oct
ober
200
6
••D
ow C
hem
ical
Eth
ylen
e D
ichl
orid
e D
ow C
hem
ical
Eth
ylen
e D
ichl
orid
e an
d an
d C
hlor
Chl
or-- a
lkal
i pla
nts
shut
dow
nal
kali
plan
ts s
hutd
own
••Lo
ss o
f 220
dire
ct jo
bs &
440
Lo
ss o
f 220
dire
ct jo
bs &
440
in
dire
ct jo
bsin
dire
ct jo
bs
••A
lber
ta s
alar
y re
duct
ion
of $
53
Alb
erta
sal
ary
redu
ctio
n of
$53
m
illio
n pe
r yea
rm
illio
n pe
r yea
r
••A
lber
ta in
com
e an
d pr
oper
ty ta
x A
lber
ta in
com
e an
d pr
oper
ty ta
x re
duct
ion
of $
7.6
mill
ion
per
redu
ctio
n of
$7.
6 m
illio
n pe
r ye
arye
ar
Alb
erta
Pet
roch
emic
al In
dust
ry –
DEC
LIN
E
Pg. 2
7
••A
pril
2007
Apr
il 20
07
••C
elan
ese
Cel
lulo
se A
ceta
te II
Cel
anes
e C
ellu
lose
Ace
tate
IIan
d an
d M
etha
nol p
lant
s sh
utdo
wn
Met
hano
l pla
nts
shut
dow
n
••Lo
ss o
f 240
dire
ct jo
bs &
480
Lo
ss o
f 240
dire
ct jo
bs &
480
in
dire
ct jo
bsin
dire
ct jo
bs
••A
lber
ta s
alar
y re
duct
ion
of $
58
Alb
erta
sal
ary
redu
ctio
n of
$58
m
illio
n pe
r yea
rm
illio
n pe
r yea
r
••A
lber
ta in
com
e an
d pr
oper
ty ta
x A
lber
ta in
com
e an
d pr
oper
ty ta
x re
duct
ion
of $
8 m
illio
n pe
r yea
rre
duct
ion
of $
8 m
illio
n pe
r yea
r
Alb
erta
Pet
roch
emic
al In
dust
ry –
DEC
LIN
E
Pg. 2
8
••To
tal C
ost o
f Cel
anes
e Si
te
Tota
l Cos
t of C
elan
ese
Site
Sh
utdo
wn
Shut
dow
n
••Lo
ss o
f 750
dire
ct jo
bs &
150
0 Lo
ss o
f 750
dire
ct jo
bs &
150
0 in
dire
ct jo
bsin
dire
ct jo
bs
••A
lber
ta s
alar
y re
duct
ion
of $
180
Alb
erta
sal
ary
redu
ctio
n of
$18
0 m
illio
n pe
r yea
rm
illio
n pe
r yea
r
••A
lber
ta in
com
e ta
x re
duct
ion
of
Alb
erta
inco
me
tax
redu
ctio
n of
$1
8 m
illio
n pe
r yea
r$1
8 m
illio
n pe
r yea
r
••A
lber
ta p
rope
rty
tax
redu
ctio
n of
A
lber
ta p
rope
rty
tax
redu
ctio
n of
$7
.5 m
illio
n pe
r yea
r$7
.5 m
illio
n pe
r yea
r
Alb
erta
Pet
roch
emic
al In
dust
ry –
DEC
LIN
E
Pg. 2
9
Wha
t Hap
pene
d??
Wha
t Hap
pene
d??
Alb
erta
Pet
roch
emic
al In
dust
ry –
DEC
LIN
E
Pg. 3
0
••H
igh
cost
nat
ural
gas
in N
orth
H
igh
cost
nat
ural
gas
in N
orth
A
mer
ica
Am
eric
a
••A
llian
ce P
ipel
ine
and
othe
r eth
ane
Alli
ance
Pip
elin
e an
d ot
her e
than
e su
pply
con
stra
ints
supp
ly c
onst
rain
ts
••La
ck o
f pet
roch
emic
al in
dust
ry
Lack
of p
etro
chem
ical
indu
stry
in
vest
men
t inc
entiv
es in
Alb
erta
inve
stm
ent i
ncen
tives
in A
lber
ta
Alb
erta
Pet
roch
emic
al In
dust
ry –
ISSU
ES
Pg. 3
1
••H
igh
cost
nat
ural
gas
has
mad
e H
igh
cost
nat
ural
gas
has
mad
e N
orth
Am
eric
an in
dust
ry
Nor
th A
mer
ican
indu
stry
un
com
petit
ive
unco
mpe
titiv
e
••N
orth
Am
eric
an n
atur
al g
as
Nor
th A
mer
ican
nat
ural
gas
pr
oduc
tion
fore
cast
to b
e fla
t at b
est
prod
uctio
n fo
reca
st to
be
flat a
t bes
t
••In
crea
sed
Nor
th A
mer
ican
nat
ural
In
crea
sed
Nor
th A
mer
ican
nat
ural
ga
s de
man
d du
e to
pop
ulat
ion
gas
dem
and
due
to p
opul
atio
n gr
owth
, new
gas
fire
d po
wer
pla
nts,
gr
owth
, new
gas
fire
d po
wer
pla
nts,
an
d oi
l san
ds d
evel
opm
ent
and
oil s
ands
dev
elop
men
t
Alb
erta
Pet
roch
emic
al In
dust
ry –
Nat
ural
Gas
Pg. 3
2
••H
isto
ric U
S$1.
00/M
MB
tu g
as p
rice
His
toric
US$
1.00
/MM
Btu
gas
pric
e di
ffere
ntia
l com
pare
d to
U.S
. Gul
f is
diffe
rent
ial c
ompa
red
to U
.S. G
ulf i
s no
w re
duce
dno
w re
duce
d
••M
acK
enzi
eM
acK
enzi
eD
elta
gas
may
hel
p by
D
elta
gas
may
hel
p by
pu
shin
g w
ette
r gas
cur
rent
ly b
urne
d pu
shin
g w
ette
r gas
cur
rent
ly b
urne
d fo
r fue
l in
Fort
McM
urra
y so
uth
into
fo
r fue
l in
Fort
McM
urra
y so
uth
into
ce
ntra
l Alb
erta
ce
ntra
l Alb
erta
––as
long
as
new
oil
as lo
ng a
s ne
w o
il sa
nds
deve
lopm
ent d
oesn
’t us
e it
sand
s de
velo
pmen
t doe
sn’t
use
it al
l!! (
alte
rnat
ive
all!!
(al
tern
ativ
e ––
upgr
ader
sup
grad
ers
can
can
gasi
fy p
etro
leum
cok
e by
prod
uct t
o ga
sify
pet
role
um c
oke
bypr
oduc
t to
prod
uce
fuel
gas
)pr
oduc
e fu
el g
as)
Alb
erta
Pet
roch
emic
al In
dust
ry –
Nat
ural
Gas
Pg. 3
3
••A
lber
ta p
etro
chem
ical
indu
stry
is
Alb
erta
pet
roch
emic
al in
dust
ry is
cu
rren
tly s
hort
30,
000
curr
ently
sho
rt 3
0,00
0 ––
40,0
00 B
PD
40,0
00 B
PD
of e
than
eof
eth
ane
••A
lber
ta e
than
e ro
yalty
is th
e sa
me
as
Alb
erta
eth
ane
roya
lty is
the
sam
e as
th
at fo
r nat
ural
gas
but
is le
ss th
an
that
for n
atur
al g
as b
ut is
less
than
ro
yalti
es fo
r pro
pane
and
but
ane
roya
lties
for p
ropa
ne a
nd b
utan
e
Alb
erta
Pet
roch
emic
al In
dust
ry –
Etha
ne
Pg. 3
4
••Et
hane
is m
ore
valu
able
as
a Et
hane
is m
ore
valu
able
as
a fe
edst
ock
than
as
a fu
el, i
.e.
feed
stoc
k th
an a
s a
fuel
, i.e
. A
lber
tans
are
not
rece
ivin
g fu
ll A
lber
tans
are
not
rece
ivin
g fu
ll re
sour
ce v
alue
for e
than
ere
sour
ce v
alue
for e
than
e
••N
ew e
than
e ex
trac
tion
capa
city
N
ew e
than
e ex
trac
tion
capa
city
ex
pens
ive
rela
tive
to e
xist
ing
at
expe
nsiv
e re
lativ
e to
exi
stin
g at
Em
pres
s an
d C
ochr
ane
Empr
ess
and
Coc
hran
e ––
appl
ies
to
appl
ies
to
both
dee
p cu
t and
fiel
d ex
trac
tion
both
dee
p cu
t and
fiel
d ex
trac
tion
••Pe
troc
hem
ical
s fr
om o
il sa
nds
off
Petr
oche
mic
als
from
oil
sand
s of
f --ga
ses
and
bypr
oduc
ts e
ven
mor
e ga
ses
and
bypr
oduc
ts e
ven
mor
e ex
pens
ive
expe
nsiv
e
Alb
erta
Pet
roch
emic
al In
dust
ry –
Etha
ne
Pg. 3
5
••A
dditi
onal
ext
ract
ion
poss
ible
if
Add
ition
al e
xtra
ctio
n po
ssib
le if
A
lber
ta is
con
side
red
mor
e A
lber
ta is
con
side
red
mor
e co
mpe
titiv
e th
an U
.S. G
ulf i
n a
Nor
th
com
petit
ive
than
U.S
. Gul
f in
a N
orth
A
mer
ican
con
text
Am
eric
an c
onte
xt
••N
o ec
onom
ic in
cent
ives
exi
st to
N
o ec
onom
ic in
cent
ives
exi
st to
en
cour
age
extr
actio
n of
mor
e et
hane
en
cour
age
extr
actio
n of
mor
e et
hane
in
Alb
erta
, eith
er v
ia d
eepe
r cut
s at
in
Alb
erta
, eith
er v
ia d
eepe
r cut
s at
Em
pres
s an
d C
ochr
ane
or v
ia n
ew
Empr
ess
and
Coc
hran
e or
via
new
fie
ld e
xtra
ctio
n pl
ants
that
hav
e fie
ld e
xtra
ctio
n pl
ants
that
hav
e ac
cess
to e
xist
ing
colle
ctio
n ac
cess
to e
xist
ing
colle
ctio
n pi
pelin
espi
pelin
es
Alb
erta
Pet
roch
emic
al In
dust
ry –
Etha
ne
Pg. 3
6
••20
01:
$5 B
illio
n 30
00 k
m n
atur
al g
as
2001
: $5
Bill
ion
3000
km
nat
ural
gas
an
d liq
uids
pip
elin
e fr
om N
W A
lber
ta
and
liqui
ds p
ipel
ine
from
NW
Alb
erta
to
Chi
cago
(Alb
erta
to
Chi
cago
(Alb
erta
gov
’tgo
v’t .
rem
oved
. r
emov
ed
orig
inal
eth
ane
expo
rt re
stric
tions
)or
igin
al e
than
e ex
port
rest
rictio
ns)
••A
ux S
able
A
ux S
able
Fra
ctio
nato
rFr
actio
nato
rlo
cate
d 75
lo
cate
d 75
km
SW
of C
hica
go to
ext
ract
liqu
ids
km S
W o
f Chi
cago
to e
xtra
ct li
quid
s
••Sh
ips
1.3
Ship
s 1.
3 ––
1.5
BC
F/da
y na
tura
l gas
1.
5 B
CF/
day
natu
ral g
as
plus
up
to 8
0,00
0 B
BL/
day
natu
ral
plus
up
to 8
0,00
0 B
BL/
day
natu
ral
gas
liqui
ds c
onsi
stin
g of
eth
ane,
ga
s liq
uids
con
sist
ing
of e
than
e,
prop
ane,
and
but
ane
(30,
000
prop
ane,
and
but
ane
(30,
000
––40
,000
40
,000
B
BL/
day
etha
ne
BB
L/da
y et
hane
––½
from
NE
B.C
.)½
from
NE
B.C
.)
Alb
erta
Pet
roch
emic
al In
dust
ry –
Alli
ance
Pip
elin
e
Pg. 3
7
••Et
hane
ext
ract
ed a
t Aux
Sab
le
Etha
ne e
xtra
cted
at A
ux S
able
fr
actio
nato
rfr
actio
nato
ris
sol
d to
is
sol
d to
Equ
ista
rEq
uist
arw
hich
w
hich
pr
oduc
es e
thyl
ene
and
ethy
lene
pr
oduc
es e
thyl
ene
and
ethy
lene
de
rivat
ives
(exp
ort o
f man
ufac
turin
g de
rivat
ives
(exp
ort o
f man
ufac
turin
g jo
bs to
U.S
.)jo
bs to
U.S
.)
••Et
hane
form
erly
sup
plie
d to
Et
hane
form
erly
sup
plie
d to
Equ
ista
rEq
uist
arfr
om U
. S. G
ulf i
s no
w a
vaila
ble
to
from
U. S
. Gul
f is
now
ava
ilabl
e to
et
hyle
ne p
rodu
cers
in T
exas
and
et
hyle
ne p
rodu
cers
in T
exas
and
Lo
uisi
ana
(Dow
Che
mic
al h
as s
ix
Loui
sian
a (D
ow C
hem
ical
has
six
et
hane
cra
cker
s in
the
U. S
. Gul
f) et
hane
cra
cker
s in
the
U. S
. Gul
f) ––
Than
ks, A
lber
ta!!
Than
ks, A
lber
ta!!
Alb
erta
Pet
roch
emic
al In
dust
ry –
Alli
ance
Pip
elin
e
Pg. 3
8
••Sh
ippi
ng ta
riffs
are
bas
ed o
n vo
lum
e Sh
ippi
ng ta
riffs
are
bas
ed o
n vo
lum
e so
pip
elin
e ec
onom
ics
are
optim
ized
so
pip
elin
e ec
onom
ics
are
optim
ized
by
max
imiz
ing
high
er B
TU li
quid
s in
by
max
imiz
ing
high
er B
TU li
quid
s in
th
e ga
s st
ream
(th
e ga
s st
ream
( NG
L’s
NG
L’s
are
the
basi
s ar
e th
e ba
sis
of th
e pi
pelin
e ec
onom
ics)
of th
e pi
pelin
e ec
onom
ics)
••Ex
port
of
Expo
rt o
f NG
L’s
NG
L’s
is s
ubsi
dize
d by
is
sub
sidi
zed
by
natu
ral g
asna
tura
l gas
Alb
erta
Pet
roch
emic
al In
dust
ry –
Alli
ance
Pip
elin
e
Pg. 3
9
••A
lber
ta is
no
long
er o
n th
e A
lber
ta is
no
long
er o
n th
e pe
troc
hem
ical
indu
stry
exp
ansi
on
petr
oche
mic
al in
dust
ry e
xpan
sion
ra
dar s
cree
nra
dar s
cree
n
••W
hy?
Why
?
••A
vaila
bilit
y of
eco
nom
ic e
than
e A
vaila
bilit
y of
eco
nom
ic e
than
e fe
edst
ock
is v
ery
unce
rtai
nfe
edst
ock
is v
ery
unce
rtai
n
••A
sig
nific
ant p
iece
of t
he A
lber
ta
A s
igni
fican
t pie
ce o
f the
Alb
erta
A
dvan
tage
is n
ow v
iew
ed a
s A
dvan
tage
is n
ow v
iew
ed a
s ex
port
ed to
the
U.S
. Gul
f as
wel
l ex
port
ed to
the
U.S
. Gul
f as
wel
l as
Alb
erta
jobs
as A
lber
ta jo
bs
Alb
erta
Pet
roch
emic
al In
dust
ry –
Alli
ance
Pip
elin
e
Pg. 4
0
Alli
ance
Pip
elin
e w
as a
wat
ersh
ed
Alli
ance
Pip
elin
e w
as a
wat
ersh
ed
even
t, a
para
digm
shi
ft fo
r the
ev
ent,
a pa
radi
gm s
hift
for t
he
Alb
erta
Pet
roch
emic
al In
dust
ryA
lber
ta P
etro
chem
ical
Indu
stry
––eq
uiva
lent
to m
ovin
g al
l eq
uiva
lent
to m
ovin
g al
l C
anad
ian
auto
man
ufac
turin
g to
C
anad
ian
auto
man
ufac
turin
g to
D
etro
it or
Can
adia
n ai
rcra
ft D
etro
it or
Can
adia
n ai
rcra
ft m
anuf
actu
ring
to B
oein
g in
m
anuf
actu
ring
to B
oein
g in
Se
attle
Seat
tle
Alb
erta
Pet
roch
emic
al In
dust
ry –
Alli
ance
Pip
elin
e
Pg. 4
1
••Fu
ture
exp
ansi
ons
of A
lber
ta
Futu
re e
xpan
sion
s of
Alb
erta
et
hyle
ne a
nd e
thyl
ene
deriv
ativ
e et
hyle
ne a
nd e
thyl
ene
deriv
ativ
e pl
ants
are
no
long
er c
onsi
dere
d du
e pl
ants
are
no
long
er c
onsi
dere
d du
e to
eth
ane
supp
ly c
once
rns
to e
than
e su
pply
con
cern
s
••A
llian
ce P
ipel
ine
exac
erba
ted
an
Alli
ance
Pip
elin
e ex
acer
bate
d an
al
read
y tig
ht A
lber
ta e
than
e su
pply
al
read
y tig
ht A
lber
ta e
than
e su
pply
si
tuat
ion
situ
atio
n
••In
vest
men
t in
the
Alb
erta
In
vest
men
t in
the
Alb
erta
Pe
troc
hem
ical
Indu
stry
Pe
troc
hem
ical
Indu
stry
cea
sed
ceas
edw
ith
with
st
artu
p of
the
Alli
ance
Pip
elin
est
artu
p of
the
Alli
ance
Pip
elin
e
Alb
erta
Pet
roch
emic
al In
dust
ry –
Dow
Str
ateg
y
Pg. 4
2
••Et
hane
form
erly
sup
plie
d to
Et
hane
form
erly
sup
plie
d to
Equ
ista
rEq
uist
arno
w a
vaila
ble
to D
ow p
lant
s in
U.S
. no
w a
vaila
ble
to D
ow p
lant
s in
U.S
. G
ulf (
Than
ks, A
lber
ta!!)
Gul
f (Th
anks
, Alb
erta
!!)
••N
ew D
ow p
etro
chem
ical
inve
stm
ent
New
Dow
pet
roch
emic
al in
vest
men
t no
w in
Kuw
ait,
Om
an, S
audi
Ara
bia,
no
w in
Kuw
ait,
Om
an, S
audi
Ara
bia,
M
alay
sia
and
even
tual
ly C
hina
Mal
aysi
a an
d ev
entu
ally
Chi
na
Alb
erta
Pet
roch
emic
al In
dust
ry –
Dow
Str
ateg
y
Pg. 4
3
••In
crea
se p
rovi
ncia
l roy
altie
s on
In
crea
se p
rovi
ncia
l roy
altie
s on
ex
trac
ted
etha
ne in
tend
ed fo
r exp
ort
extr
acte
d et
hane
inte
nded
for e
xpor
t (p
ossi
ble
NA
FTA
issu
e bu
t not
(p
ossi
ble
NA
FTA
issu
e bu
t not
ne
cess
arily
)ne
cess
arily
)
••Te
n ye
ar p
rope
rty
tax
exem
ptio
n on
Te
n ye
ar p
rope
rty
tax
exem
ptio
n on
ne
w m
anuf
actu
ring
faci
litie
s ne
w m
anuf
actu
ring
faci
litie
s -- a
re
are
rout
inel
y av
aila
ble
in T
exas
and
ro
utin
ely
avai
labl
e in
Tex
as a
nd
Loui
sian
aLo
uisi
ana
••R
esto
re M
anuf
actu
ring
and
Res
tore
Man
ufac
turin
g an
d Pr
oces
sing
Tax
Cre
dits
Proc
essi
ng T
ax C
redi
ts
Alb
erta
Pet
roch
emic
al In
dust
ry –
Inve
stm
ent I
ncen
tives
Pg. 4
4
••R
esto
re 3
Res
tore
3-- y
ear
year
writ
eoffs
writ
eoffs
for n
ew
for n
ew
man
ufac
turin
g fa
cilit
ies.
25%
man
ufac
turin
g fa
cilit
ies.
25%
-- 50%50%
--25
% C
CA
rate
s w
ere
in p
lace
unt
il 25
% C
CA
rate
s w
ere
in p
lace
unt
il la
te 1
980’
sla
te 1
980’
s
••R
esto
re In
vest
men
t Tax
Cre
dits
. IT
C
Res
tore
Inve
stm
ent T
ax C
redi
ts.
ITC
w
as 7
% in
198
4, p
hase
d ou
t by
1988
was
7%
in 1
984,
pha
sed
out b
y 19
88
••En
ergy
and
Wat
er C
onse
rvat
ion
Tax
Ener
gy a
nd W
ater
Con
serv
atio
n Ta
x C
redi
tsC
redi
ts
••Ze
ro o
r low
inte
rest
rate
loan
sZe
ro o
r low
inte
rest
rate
loan
s
Alb
erta
Pet
roch
emic
al In
dust
ry –
Inve
stm
ent I
ncen
tives
Pg. 4
5
••G
over
nmen
t gua
rant
eed
loan
sG
over
nmen
t gua
rant
eed
loan
s
••R
&D
inve
stm
ent i
ncen
tives
R&
D in
vest
men
t inc
entiv
es
••Fl
owFl
ow-- t
hrou
gh ta
x tr
eatm
ent f
or n
ew
thro
ugh
tax
trea
tmen
t for
new
m
anuf
actu
ring
inve
stm
ents
man
ufac
turin
g in
vest
men
ts
••G
over
nmen
t inf
rast
ruct
ure
Gov
ernm
ent i
nfra
stru
ctur
e in
vest
men
tin
vest
men
t
••Pr
omot
e up
grad
ing
of ta
r san
ds b
yPr
omot
e up
grad
ing
of ta
r san
ds b
y --pr
oduc
ts a
nd o
ffpr
oduc
ts a
nd o
ff-- g
ases
inst
ead
of
gase
s in
stea
d of
bu
rnin
g th
em fo
r fue
lbu
rnin
g th
em fo
r fue
l
Alb
erta
Pet
roch
emic
al In
dust
ry –
Inve
stm
ent I
ncen
tives
Pg. 4
6
••Ve
ntur
e ca
pita
l inc
entiv
esVe
ntur
e ca
pita
l inc
entiv
es
••In
dust
ry/g
over
nmen
t par
tner
ship
s In
dust
ry/g
over
nmen
t par
tner
ship
s (e
xam
ple:
SG
F/(e
xam
ple:
SG
F/Pe
trom
ont
Petr
omon
t in in
Q
uebe
c)Q
uebe
c)
••R
educ
e pr
ovin
cial
roya
lties
on
Red
uce
prov
inci
al ro
yalti
es o
n et
hane
at w
ellh
ead
and
etha
ne a
t wel
lhea
d an
d up
grad
ers
upgr
ader
sto
to
en
cour
age
loca
l ext
ract
ion
(has
bee
n en
cour
age
loca
l ext
ract
ion
(has
bee
n re
cent
ly a
nnou
nced
but
onl
y on
re
cent
ly a
nnou
nced
but
onl
y on
in
crem
enta
l eth
ane)
incr
emen
tal e
than
e)
Alb
erta
Pet
roch
emic
al In
dust
ry –
Inve
stm
ent I
ncen
tives
Pg. 4
7
••D
evel
op a
long
term
eth
ane
Dev
elop
a lo
ng te
rm e
than
e fe
edst
ock
polic
y fo
r the
pro
vinc
e fe
edst
ock
polic
y fo
r the
pro
vinc
e in
corp
orat
ing
both
legi
slat
ive
and
inco
rpor
atin
g bo
th le
gisl
ativ
e an
d fin
anci
al in
stru
men
ts to
pro
mot
e fin
anci
al in
stru
men
ts to
pro
mot
e up
grad
ing
of A
lber
ta’s
reso
urce
s up
grad
ing
of A
lber
ta’s
reso
urce
s in
stea
d of
exp
ortin
g th
em a
t the
in
stea
d of
exp
ortin
g th
em a
t the
fir
st e
xpor
tabl
e le
vel!!
fir
st e
xpor
tabl
e le
vel!!
––Th
is a
lso
This
als
o ap
plie
s to
bitu
men
and
bitu
men
ap
plie
s to
bitu
men
and
bitu
men
byby
-- pro
duct
s!!
prod
ucts
!!
Alb
erta
Pet
roch
emic
al In
dust
ry –
Etha
ne P
olic
y
Pg. 4
8
••Su
ppor
t an
econ
omic
ally
via
ble
Supp
ort a
n ec
onom
ical
ly v
iabl
e et
hane
ext
ract
ion
syst
em to
et
hane
ext
ract
ion
syst
em to
ga
ther
Alb
erta
eth
ane
gath
er A
lber
ta e
than
e
••K
eep
suffi
cien
t qua
ntiti
es o
f K
eep
suffi
cien
t qua
ntiti
es o
f A
lber
ta e
than
e in
the
prov
ince
A
lber
ta e
than
e in
the
prov
ince
re
quire
d by
the
petr
oche
mic
al
requ
ired
by th
e pe
troc
hem
ical
in
dust
ry fo
r cap
acity
ope
ratio
n in
dust
ry fo
r cap
acity
ope
ratio
n (s
imila
r to
Alb
erta
gov
ernm
ent
(sim
ilar t
o A
lber
ta g
over
nmen
t po
licy
in th
e 19
70s)
polic
y in
the
1970
s)
Alb
erta
Pet
roch
emic
al In
dust
ry –
Etha
ne P
olic
y
Pg. 4
9
••Th
e Pr
emie
r of A
lber
ta li
kes
to s
tate
Th
e Pr
emie
r of A
lber
ta li
kes
to s
tate
th
at th
e A
lber
ta g
over
nmen
t is
not i
n th
at th
e A
lber
ta g
over
nmen
t is
not i
n th
e bu
sine
ss o
f bei
ng in
bus
ines
s.
the
busi
ness
of b
eing
in b
usin
ess.
H
owev
er, t
he A
lber
ta g
over
nmen
t H
owev
er, t
he A
lber
ta g
over
nmen
t m
ade
the
busi
ness
dec
isio
n to
allo
w
mad
e th
e bu
sine
ss d
ecis
ion
to a
llow
th
e ex
port
of A
lber
ta e
than
e vi
a th
e th
e ex
port
of A
lber
ta e
than
e vi
a th
e A
llian
ce p
ipel
ine
and
as s
uch
is
Alli
ance
pip
elin
e an
d as
suc
h is
ob
ligat
ed to
rect
ify th
e ob
ligat
ed to
rect
ify th
e hu
gely
hu
gely
ne
gativ
ene
gativ
eef
fect
s of
that
dec
isio
n.ef
fect
s of
that
dec
isio
n.
Alb
erta
Pet
roch
emic
al In
dust
ry –
Etha
ne P
olic
y
Pg. 5
0
••D
irect
shi
pmen
t via
pip
elin
es o
f D
irect
shi
pmen
t via
pip
elin
es o
f A
lber
ta o
il sa
nds
bitu
men
to
Alb
erta
oil
sand
s bi
tum
en to
U
.S. r
efin
erie
s or
to
U.S
. ref
iner
ies
or to
K
itim
atK
itim
at/P
rince
Rup
ert f
or
/Prin
ce R
uper
t for
up
grad
ing
in th
e Fa
r Eas
t will
up
grad
ing
in th
e Fa
r Eas
t will
lim
it fu
ture
oil
sand
s up
grad
ing
limit
futu
re o
il sa
nds
upgr
adin
g in
Alb
erta
and
repr
esen
ts a
in
Alb
erta
and
repr
esen
ts a
hu
ge e
xpor
t of A
lber
ta jo
bs to
hu
ge e
xpor
t of A
lber
ta jo
bs to
th
e U
.S. a
nd th
e Fa
r Eas
tth
e U
.S. a
nd th
e Fa
r Eas
t
Alb
erta
Pet
roch
emic
al In
dust
ry –
FUTU
RE
RIS
K
Pg. 5
1
••Ex
port
of A
lber
ta o
il sa
nds
Expo
rt o
f Alb
erta
oil
sand
s bi
tum
en to
U.S
. ref
iner
ies
or to
bi
tum
en to
U.S
. ref
iner
ies
or to
th
e Fa
r Eas
t for
upg
radi
ng a
lso
the
Far E
ast f
or u
pgra
ding
als
o gu
aran
tees
the
guar
ante
es th
e up
grad
erup
grad
erbyby
--pr
oduc
ts, i
nclu
ding
eth
ane,
pr
oduc
ts, i
nclu
ding
eth
ane,
pr
opan
e an
d bu
tane
, will
not
be
prop
ane
and
buta
ne, w
ill n
ot b
e av
aila
ble
for t
he A
lber
ta
avai
labl
e fo
r the
Alb
erta
pe
troc
hem
ical
indu
stry
petr
oche
mic
al in
dust
ry
Alb
erta
Pet
roch
emic
al In
dust
ry –
FUTU
RE
RIS
K
Pg. 5
2
Q &
AQ
& A
Alb
erta
Pet
roch
emic
al In
dust
ry
