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Partnership Profile

The North West Redwater Partnership is a joint venture between North West Upgrading Inc. and Canadian Natural Resources Limited, with each company owning 50% stake in the Partnership.

The Partnership targets to build and operate a world class bitumen refinery in Alberta’s Industrial Heartland, which will add significant value to the bitumen resources in a responsible and sustainable manner.

It's a vision shared by the Alberta Government, which has clearly stated its own goal is to position the province as a global energy leader, an energy technology champion and a solid, global environmental citizen.

Governance

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Location and Timing

The project is located on land approximately 45km north-east of Edmonton, immediately west of Agrium’s Redwater fertilizer operation in Sturgeon County.

The location offers numerous advantages, including close proximity to major crude oil and diluent pipelines, established infrastructure, and a stable and skilled regional work force. Further, there are several opportunities for by-product synergies with other industrial plants in Alberta's Industrial Heartland.

This location is also ideal to form a foundation for future eco-industrial development based on essential feedstocks produced from upgrading and refining bitumen. We expect the products we produce will encourage the development of downstream petrochemical industries.

The Partnership has already completed a number of important and time-consuming steps, including regulatory approvals, front end engineering and procurement of long lead, crucial equipment.

 Summary Schedule Phases Enlarged version


http://www.nwrpartnership.com


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