In its own construction update on April 15, the North West Redwater Partnership said 600 people were on the site and about 1,150 full-time-equivalent contractor personnel were working in design centres outside Canada in addition to the refinery’s own design team of 360 people. A traditional bitumen upgrader would blend these components into a synthetic crude product, for further processing in a downstream refinery. Varcoe: Province’s costs on long-delayed Sturgeon refinery expected to soar 55% in new budget. As part of the agreements, APMC is obligated to pay 75 per cent of the debt-servicing costs related to financing of the project, starting in June 2018. In December 2013, the partnership announced the planned startup would be delayed to September 2017 from the original target of mid … Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc. To increase the amount of upgrading done in Alberta, the provincial government provided an incentive to the North West Redwater project. CNRL has a 50% stake in the facility, which is operated by the North West Redwater Partnership. Please try again. Chris Varcoe is a Calgary Herald columnist. Over $700,000 of recycling refunds have been invested into playgrounds, festivals, technology for libraries and schools, 4-H, literacy, firefighter bunker gear, community gardens, victim services, cultural activities, leadership training, educational tours, mental health training, historic sites and more. Unauthorized distribution, transmission or republication strictly prohibited. This includes support for organizations and initiatives that lead to better environmental stewardship in partnership with industry. Company profile page for North West Redwater Partnership including stock price, company news, press releases, executives, board members, and contact information In 2018, an innovative challenge earmarked a portion of these recycling refunds to help reduce waste in the region. 2 0 obj “All they can do is keep pushing until they can get it running, grit their teeth and pay all the interest payments . Visit our Community Guidelines for more information and details on how to adjust your email settings. A robust recycling program since construction began – including wood, drywall, aluminum, steel, organics, concrete, bottles, scrap metal and beverage containers – diverted tonnes of waste from landfills and amassed refunds redirected back into the community. Despite the troubles, Masson believes the idea behind the refinery was directionally the right thing to do as the province has an overabundance of bitumen, too few markets and not enough pipelines. Read more about cookies here. A portion of the government’s royalty bitumen, collected from oilsands producers, will provide 75 per cent of the plant’s bitumen feedstock, which the upgrader/refinery will process for a fee. The diluent (naphtha) is stripped-off and returned to oil sands producers. In December 2013, the partnership announced the planned startup would be delayed to September 2017 from the original target of mid-2016, and the cost estimate had increased to $8.5 billion, up from $5.7 billion when construction was sanctioned in November 2012. The gasifier unit is designed to produce hydrogen through partial oxidation of asphaltenes. Join to Connect. It is not ideal. This advertisement has not loaded yet, but your article continues below. Gasifier unit under construction in July 2016 at Sturgeon Refinery. The province estimates APMC will have paid out more than $785 million in total debt-servicing and principal payments and expenses by the end of next budget year. North West Redwater Partnership Oil & Energy Gibbons, AB 14,036 followers Canada's newest refinery, processing Alberta's bitumen into cleaner, high value diesel and other products The refinery has been processing synthetic crude oil since late 2017, but not bitumen feedstock because of ongoing problems with a gasifier unit. Such cases offer valuable lessons to the government, such as to limit its exposure, have an exit strategy and plan for the unexpected, said Livingston. 3 0 obj Being built near Edmonton, the upgrader/refinery will be owned by North West Redwater Partnership, a 50/50 joint venture of North West Upgrading Inc. and CNRL. Late on Friday, the North West Redwater Partnership, which is building the upgrader, responded to Morton's report, suggesting his numbers are wrong. Project produced first diesel on November 22, 2017 - and construction will be completed by spring 2018. “As a 75 per cent tollpayer in this arrangement, the province took on many of the risks as if it were building the refinery,” Alberta’s auditor general wrote in a 2018 report. The refinery will produce diesel fuel, which is sometimes in short supply in Western Canada, and naphtha, which can be used to dilute bitumen for pipelining. North West Redwater Partnership’s Sturgeon Refinery is seen during a tour west of Fort Saskatchewan, Alberta on Thursday, November 24, 2016. We encourage our employees to be involved in their community and NWR supports their work – and the work of others.
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