Chinese-Canada JV has Alberta oil sands setback

摘要

Calgary—Dover Operating Co., a Chinese- Canadian joint venture that plans to build a 250,000 b/d in-situ oil sands facility in Alberta, has failed to reach an agreement with a band of First Nations over the construction of a 20-km (13 mile) buffer zone, an official for the JV said April 30. “We presented our case to the ERCB [Alberta regulator Energy Resources Conservation Board] yesterday,” Sveinung Svarte, CEO of Calgary- based Athabasca Oil Corp. said on a conference call. “Both parties tried very hard to reach an agreement, but we did not find a solution.’