Alberta’s Energy Minister said the UCP will file a legacy claim to try to recoup $1.3 billion in taxpayer dollars sunk into the cancelled Keystone XL project..The Alberta government funded TC Energy to help advance pipeline construction, but after U.S. President Joe Biden revoked the permit for the Keystone XL border crossing on Jan. 20, 2021, Alberta taxpayers were left holding the bag..The pipeline was to be 1,947 kilometres long, stretching from Hardisty, Alberta, to Steele City, Nebraska. .The legacy North American Free Trade Agreement trade claim will be initiated by the Alberta Petroleum Marketing Commission under the Canada-United States-Mexico Agreement..“After examining all available options, we have determined a legacy claim is the best avenue to recover the government’s investment in the Keystone XL project,” said Energy Minister Sonya Savage on Wednesday..“The Keystone XL pipeline would have provided a number of economic benefits on both sides of the border.”.About 2,500 construction workers were hired in Alberta and the U.S. in 2020 to work on the pipeline..“As we have seen with recent global events, energy security for North America is critical to our shared economic growth and prosperity,” she said..“It remains Alberta’s position that our resource sector can and should be a responsible and reliable energy source for North American markets in the years to come.”.“We remain disappointed about the events and circumstances that led to the cancellation of this project..“Alberta’s government will continue to fiercely advocate for our energy sector and the workers whose livelihoods depend on it.”.The Keystone XL pipeline would have delivered crude oil from Western Canada to refineries in the U.S. Gulf Coast at a capacity of 830,000 barrels per day..Amber Gosselin is a Western Standard reporter..agosselin@westernstandardonline.com
Alberta’s Energy Minister said the UCP will file a legacy claim to try to recoup $1.3 billion in taxpayer dollars sunk into the cancelled Keystone XL project..The Alberta government funded TC Energy to help advance pipeline construction, but after U.S. President Joe Biden revoked the permit for the Keystone XL border crossing on Jan. 20, 2021, Alberta taxpayers were left holding the bag..The pipeline was to be 1,947 kilometres long, stretching from Hardisty, Alberta, to Steele City, Nebraska. .The legacy North American Free Trade Agreement trade claim will be initiated by the Alberta Petroleum Marketing Commission under the Canada-United States-Mexico Agreement..“After examining all available options, we have determined a legacy claim is the best avenue to recover the government’s investment in the Keystone XL project,” said Energy Minister Sonya Savage on Wednesday..“The Keystone XL pipeline would have provided a number of economic benefits on both sides of the border.”.About 2,500 construction workers were hired in Alberta and the U.S. in 2020 to work on the pipeline..“As we have seen with recent global events, energy security for North America is critical to our shared economic growth and prosperity,” she said..“It remains Alberta’s position that our resource sector can and should be a responsible and reliable energy source for North American markets in the years to come.”.“We remain disappointed about the events and circumstances that led to the cancellation of this project..“Alberta’s government will continue to fiercely advocate for our energy sector and the workers whose livelihoods depend on it.”.The Keystone XL pipeline would have delivered crude oil from Western Canada to refineries in the U.S. Gulf Coast at a capacity of 830,000 barrels per day..Amber Gosselin is a Western Standard reporter..agosselin@westernstandardonline.com