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Reporting guide : natural gas liquids price reporting, effective delivery month July 2014

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The Department of Energy has concluded a review of business processes related to the calculation of Natural Gas Liquids Reference Prices and Allowances. Following extensive consultation with... More ≫

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The Department of Energy has concluded a review of business processes related to the calculation of Natural Gas Liquids Reference Prices and Allowances. Following extensive consultation with representatives of producer associations, new business processes will be implemented effective with July 2014 production. All purchasers of propane (C3), butanes (C4), pentanes plus and condensate (C5+) at NGL field facilities in Alberta are required to report eligible arm’s length purchase information of specification and mix products. This updated manual contains reporting instructions on how to complete the report under the new processes. Refer to IL 2013-35 for more information.

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Our fair share : report of the Alberta Royalty Review Panel to the Hon. Lyle Oberg, Minister of Finance, 18 September 2007

Description

Albertans do not receive their fair share from energy development. The royalty rates and formulas have not kept pace with changes in the resource base and world energy markets. Albertans own the... More ≫

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Albertans do not receive their fair share from energy development. The royalty rates and formulas have not kept pace with changes in the resource base and world energy markets. Albertans own the resource. The onus is on their government to re-balance the royalty and tax system so that a fair share is collected. This must be done within an equitable and flexible administrative framework that maintains Alberta's competitive edge for energy investment.

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