NorthWest Upgrader JVIs CNQ going ahead with this joint venture? The NWU uses the same technology as the Nexen Opti upgrader and can expect similiar problems. Too much vanadium and nickel in the heavy bitumen residuals. It gets concentrated and corrodes the metal in the plant and reacts with the catalysts. Also this project will be heavily subsidized with BRIK. IMHO participation in this JV is a big negative for future. Kevin O'Leary sats that subsidized businesses are not good long-term investments. Next government may change ground rules. Alberta is running a deficit now. A word to the wise. Be careful. It would help if CNQ would clarify its position on the NWU JV.