Policy status:In Force
Date Effective:2003
Policy Type:Research, Development and Deployment (RD&D)
Policy Target:
Description:The Government of Alberta and industry representatives opened a new heavy oil extraction test facility near Fort McMurray, Alberta, to explore a technology that could reduce carbon dioxide emissions by 85%. Alberta and nine leading Canadian oil and gas producers invested $30 million in heavy oil research to test the economic, environmental and technical viability of a new recovery technology. The recovery method, known as the VAPEX Process, involves injecting vapourised solvents into heavy oil and has the potential to lower greenhouse gas emissions and significantly reduce water consumption, compared with other extraction technologies currently used.

Last modified: Fri, 13 Jul 2012 17:27:07 CEST