Indigenous Communities Sign Agreement with Chinese Firms to Pursue New Refinery in Alberta

Two major Chinese companies and a group of Indigenous communities in Alberta are proposing to build a new oil sands refinery and petrochemical complex in the province. Beijing-based and state-owned China Petroleum & Chemical Corp., better known as Sinopec, China Construction Industrial & Energy Co. Ltd., and a consortium of Alberta Indigenous groups signed an agreement with the Edmonton-based engineering and design firm Stantec Inc. on Thursday to pursue permits for a new bitumen refinery. According to a Stantec release, the partnership of Sinopec, China Construction, and the Indigenous groups will be called SinoCan Global, which will begin seeking permits to build a 167,000-barrels-per-day bitumen refinery and petrochemical complex north of Edmonton. A group called Alberta First Nations Energy Development will own an equity stake in the project. 

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