Investor Presentaiton
A Diversified and Resource-based Economy
Energy
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In 2016, Alberta produced about 80 per cent of Canada's crude oil and 67
per cent of its natural gas.
Alberta has the third largest petroleum reserves in the world, after
Venezuela and Saudi Arabia.
The Alberta Energy Regulator forecasts that production of upgraded and
non-upgraded bitumen from oil sands will increase by 60 per cent to 3.8
million barrels per day by 2025, up from 2.4 million barrels per day in 2015.
In 2016, gross revenues from all hydrocarbons were $56.8 billion, with
revenues of synthetic crude oil and bitumen from the oil sands accounting
for 63.5 per cent of the total.
In 2016, energy resource exports totaled $51 billion, accounting for almost
two-thirds of Alberta's total commodity exports that year.
Alberta
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