Alberta Signs Deal With South Korea to Waive Crude Oil Tariffs

Date:

The Trans Mountain Burnaby Terminal tank farm in Burnaby, B.C., on April 4, 2024. The Canadian Press/Darryl DyckAlberta Premier Danielle Smith has signed a deal with South Korea to remove a 3 percent tariff on the province’s exports of crude oil to the country.Smith said the agreement could significantly expand market access for Alberta producers, projecting exports to South Korea could rise to as much as 33 million barrels per year, generating up to $1 billion annually in additional export value.

spot_imgspot_imgspot_img

Share post:

More like this
Related

CFMEU Says Its Not to Blame for Housing Crisis, Blames 300,000-Worker Shortage

Despite needing to be placed into administration by the...

Amazon to Help Restore Australian River to Offset Data Centre Water Use

A sign is seen outside of an Amazon Go...

$100 Million Fines on the Table Against Service Stations That Price Gouge

A petrol station sign advertises diesel for over three...

Alan Joness Lawyer Says Sex Abuse Allegations Stem From Rivalry, Treachery

The sexual abuse case against ex-talkback host Alan Jones...