NOTES:
The Alberta Government is acquiring a 50% equity stake in the Sturgeon Refinery while also extending the processing agreement at the facility by another decade to 2058.
The refinery is currently owned by North West Redwater Partnership, a JV between Canadian Natural Resources and North West Refining. North West Redwater will be paying North West Refining $425 million and Canadian Natural $400 million for the equity stake.
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7/7/2021 - Alberta Government... (subscriber access)