Canada offers 300mboe/d to EUJust another empty promise by a politician.
>>>OTTAWA - Canada's oil and gas producers can hike output by the equivalent of 300,000 barrels a day by the end of the year to help displace Russian fossil fuels, Natural Resources Minister Jonathan Wilkinson said Thursday....While Brunnen said he appreciates the federal government's willingness to acknowledge a short-term role for Canada in the current energy supply crisis, he said the real question is what happens in the medium to long-term.“Any company that's looking at increasing production is going to be faced with the additional risk of the investment community not necessarily being supportive of this growth, which has certainly been the case in the last several years,” he said. “So unless there's a clear signal from government indicating support for growing production and growing egress, there's a real chance the investment community might not be supportive of these companies and any growth plans.”
https://www.ctvnews.ca/business/canada-to-hike-oil-gas-output-by-300-000-barrels-a-day-to-help-displace-russian-fuel-1.5833606