The province had been planning an announcement today likely regarding how it plans to handle a petrochemical diversification program launched by the previous government.
The announcement was cancelled early Monday evening.
Energy Minister Sonya Savage and Associate Minister of Natural Gas Dale Nally were scheduled to speak Tuesday morning at the Interpipeline Heartland complex, a $3.5-billion plastics facility that is under construction near Fort Saskatchewan.
A press release states the event would “provide details of an initiative to help diversify Alberta’s energy sector.”
The Interpipeline’s plant was one of two projects that split $500 million in provincial royalty credits in the 2017 edition of the program, which the United Conservatives have said could be useful to promote greater value-added processing of natural gas or its composite parts.
Hatters watched the results of the initial program though local unsuccessful applicant Methanex, which is considering twinning its methanol plant here.
Late last year, the then-New Democrat government announced it would double the amount of credits available as suggested in a late-year report that examined routes to boost the price of natural gas.
The UCP made following through on the report part of its campaign promises in the spring election.
It also recommends changes to storage protocols and scheduling maintenance on main pipelines to prevent capacity issues from driving prices down. Some of those changes were enacted earlier this fall.
