An executive at Cenovus Energy Inc. says top oilsands producers, Ottawa and the Alberta government face a time squeeze to finalize agreements on moving the Pathways carbon storage project forward by their mid-month target.
“We have some incredibly nuanced, bespoke agreements to hammer out, and they’re tough because they’re new. No one’s drafted them before,” Jeff Lawson, corporate development and chief sustainability officer, told a conference call with analysts Wednesday.
“What you should take away is that both levels of government—the feds and the province—have been excellent to deal with. They’ve been pragmatic. They’re trying to push this ahead.”…