Page added on February 4, 2006
Alberta welcomes plans by Indian state oil companies to invest $1 billion in the Canadian province’s burgeoning oil sands sector, as long as they also join efforts to study processing options for the heavy crude, the provincial energy minister said on Friday.
..”Our objective in Alberta is to not just be raw resource extractors,” Melchin told reporters. “So if this works for India, how does it also work for Alberta? How do we upgrade that so it’s not just bitumen? Do we have an opportunity?”
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