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08-18-2009, 08:03 PM
Green Energy Initiative
http://www.onlinetradersforum.com/images/natural-resources.jpgEnergy is the engine of Alberta 's economy. Energy also accounts for just over half the value of our province's $66 billion in total exports and about one-quarter of the total $170 billion in GDP.
The conventional oil sector has been a perennial driver of the Alberta economy for more than 50 years. In 2003, Alberta produced more conventional crude oil than any state in the United States, with the exception of Texas, Alaska and California. Most of the crude oil produced in Alberta is exported to other markets.
Second only to the Saudi Arabia reserves, Alberta 's oil sands deposits were described by Time Magazine as " Canada 's greatest buried energy treasure," and "could satisfy the world's demand for petroleum for the next century." Alberta 's oil sands deposits are contained in three major areas beneath 140,800 square kilo-meters of north-eastern Alberta - an area larger than the state of Florida, USA. However, only about two per cent of the initial established resource has been produced to date.
Canadian government encourages the investors from all over the world to come to Alberta to develop these extensive deposits through planning and liaison with governments, industry and local communities. Alberta 's oil sands industry is the result of multi-billion-dollar investments in infrastructure and technology required to develop the non-conventional resource. In the last five years alone, industry has allocated $24.7 billion towards oil sands development.
Headquartered in this oil-rich province, Flukong is committed to participate in green energy project locally and internationally to ensure appropriate government regulations, environmental protection measures to be followed and local communities' economic and social benefits are well considered.
For more information please contact energy@flukong.ca (energy@flukong.ca)
http://www.onlinetradersforum.com/images/natural-resources.jpgEnergy is the engine of Alberta 's economy. Energy also accounts for just over half the value of our province's $66 billion in total exports and about one-quarter of the total $170 billion in GDP.
The conventional oil sector has been a perennial driver of the Alberta economy for more than 50 years. In 2003, Alberta produced more conventional crude oil than any state in the United States, with the exception of Texas, Alaska and California. Most of the crude oil produced in Alberta is exported to other markets.
Second only to the Saudi Arabia reserves, Alberta 's oil sands deposits were described by Time Magazine as " Canada 's greatest buried energy treasure," and "could satisfy the world's demand for petroleum for the next century." Alberta 's oil sands deposits are contained in three major areas beneath 140,800 square kilo-meters of north-eastern Alberta - an area larger than the state of Florida, USA. However, only about two per cent of the initial established resource has been produced to date.
Canadian government encourages the investors from all over the world to come to Alberta to develop these extensive deposits through planning and liaison with governments, industry and local communities. Alberta 's oil sands industry is the result of multi-billion-dollar investments in infrastructure and technology required to develop the non-conventional resource. In the last five years alone, industry has allocated $24.7 billion towards oil sands development.
Headquartered in this oil-rich province, Flukong is committed to participate in green energy project locally and internationally to ensure appropriate government regulations, environmental protection measures to be followed and local communities' economic and social benefits are well considered.
For more information please contact energy@flukong.ca (energy@flukong.ca)