Finance Minister positive about energy industry

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The Provincial finance minister is convinced better times lie ahead when it comes to government revenue from the energy industry.

Finance Minister Colin Hansen concedes natural gas revenues are down dramtically from their pre-recession levels but he also says…

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That noted, he believes the appetite by industrial users for enviromentally friendly natural gas will increase.

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Last year the government took in less than $900 million from the sale of natural gas and petroleum rights, for the second consecutive year, after setting a record in 2008, of over $2.6 billion.

 

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