Some of the province’s largest companies have been critical of the current regulations
CALGARY – The Alberta energy regulator will soon unveil sweeping changes to how it regulates its old oil and gas infrastructure, including a complete overhaul of an environmental liability rating scheme it now considers a “flawed system.”
“For the liability management issue, we’re looking at decades where no government has been willing to move on this file,” she said. “Changes are coming to , but in the meantime the AER will not perpetuate the false sense of security offered by this flawed system,” reads an email from an AER licensee management, closure and liability manager to an external source.
“I, for years, have been writing in submissions and speaking at conferences saying that the AER’s LMR system is flawed,” said Keith Wilson, a lawyer who represents landowners fighting to get oil and gas wells clean up their properties. In a letter to the AER in Nov. 2019, Canadian Natural Resources Ltd. senior vice-president, development operations Bill Peterson objected to a deal between Shell Canada Ltd. and Pieridae Energy Ltd. on the grounds that Pieridae may not have the financial wherewithal to clean up the assets it was buying from Shell.
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