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Vol. 13, No. 47, Wednesday September 19, 2018 www.LamontLeader.com

$8.5 billion refinery announced with Lamont County a front runner 167,000 barrels of oil per day possible in Lamont County, Reeve cautiously optimistic JOHN MATHER An announcement for a bitumen upgrading and petrochemical refining facility to produce up to 167,000 barrels of oil per day in Lamont County was announced Sept. 13. The only concern was that it took County officials totally by surprise. The project, which would cost approximately $8.5 billion, is a consortium of the Alberta First Nations Energy Development fund and a subsidiary of Chinese oil giant Sinopec. Reeve Wayne Woldanski said the proposal is a revival of a previous plan that had been rejected by the former Allison Redford, provincial government. “It was a surprise to us,” he said. “We really had no indication of anything specific.” The company making the presentation, Teedrum Inc., said 2,400 acres of land had been selected in Lamont County for the project. Lamont County economic development manager Jim Newman, said he was contacted by the industrial realtors who had worked with Teedrum on the ill-fated 2012 project about three weeks ago. “Myself and Stephen Hill were aware of their renewed interest in the County,” he said. Hill is the interim county manager for Lamont. “The surprise was the Chinese partners travelled to Canada and they won’t travel unless their sincere about what they’re doing.” He added, that left the native consortium scrambling to put together

the Thursday announcement. “I was aware of it, but we had to play it low key until it was announced.” He added he was surprised by some of the information that was announced. “We do have to worry about where it may be located. While they’re looking at land here, Sturgeon County could also be in play. All we know for sure is that it will be in the Industrial Heartland. “Obviously the realtors have put together a block of land that’s positive, but it comes down to dollars and cents,” said Newman. “They’ll be talking to other municipalities also.” He said if the land was tied up and sold then it would be a different story. Woldanski agreed.

“I think they’re talking about options pending the project proceeding,” said Woldanski. “We’re not aware of any major land purchases.” Woldanski was at the Westin Hotel Sept. 13 when an agreement between the investing parties was signed. He said Alberta’s Industrial Heartland was involved in the negotiations, but like the County they were brought in at the last minute. “The first nations group had done a lot of work prior and perhaps the scope of the project had changed a little since it was first proposed.” “We’re cautiously optimistic about it,” he said. “We’ll, do what we can to move the project forward and help them out.”

Newman added once land is acquired then there is still a lot of work to be done.” He feels the County is a front-runner because of previous work with Teedrum and the fact the county has both rail lines running close together near the heavy industrial area. He added the Alberta Midland Rail terminal would be a key selling point also, if the project moves ahead. He said the companies involved will do their due diligence and if the project moves ahead he feels it could well happen in Lamont. He stated industry’s that have located in Strathcona and Sturgeon have also looked and studied Lamont as well, so he’s not going to get too excited abut this project yet. “I’m not playing it down, but we have to stay in communication with the companies and make sure we can answer their questions about locating in the County.” The announcement stated construction of the project could get started by 2021. Newman said once land is secured than there would be consultations about a development permit and public hearings on the project. “Getting the development permit can take a long time with the public consultations involved,” he added. Woldanski said there would probably be thousands of construction jobs created if the project went ahead stating it would be similar to the newly finished North West upgrader near Redwater.


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