Flogging a dead Sparkle Pony...again..and again

[flamingfingers]

Natural Gas Development

Royalty program expanded to attract investment

Share

News Release

Victoria
Wednesday, February 24, 2016 3:00 PM
Media Contacts

Lindsay Byers
Media Relations
Ministry of Natural Gas Development
250 952-0617
More from this Ministry

LNG in BC
Natural Gas Strategy
Natural gas and oil
BC Oil and Gas Commission
BC Safety Authority
Featured Services

Get a petroleum or natural gas tenure
Apply for royalty programs
Apply for oil and gas permits
Newsletters

LNG in BC

The Government of British Columbia will attract new, long-term investment in the natural gas and oil sector by expanding the Province’s Infrastructure Royalty Credit Program (IRCP) for three years.

By offering $120 million in royalty credits annually for the next three years, the Province is providing companies with a longer timeframe to work new capital expenditures into their plans. Expanding the program will help to create certainty and improve the Province’s ability to attract new investment given the economic conditions facing industry due to lower natural gas and oil prices.

https://news.gov.bc.ca/releases/2016MNG ... 73charging for wh

Whoa!! No money for education, welfare, MCFD, but raising MSP premiums, clawing back transit funding for the disabled, raising Hydro rates, ICBC rates..... WHERE do they find the MONEY??

Look in the mirror.

[Muzza]

It's a credit. They are not giving them money.

[madmudder]

Well how about giving us a credit on our taxes and user fees in this province.