Evaluating British Columbia's Natural Gas Royalty Regime: The Benefits of a Blended Rate Royalty Structure

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2017-08-30
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Abstract
With Alberta's thorough royalty review in 2016, it would seem timely for British Columbia to evaluate its natural gas and natural gas liquids royalty regime to ensure that it is not only competitive with Alberta but also economically efficient. While Alberta's Modern Royalty Framework treats all natural gas and natural gas liquids in a consistent manner, the BC system still separates gas and gas liquids and charges them at different rates. This study focuses on the impacts of this separation with differential rates. It is argued that by moving to a system similar to that used in Alberta, the BC government can improve the competitiveness and long run stability of gas and liquids investments in the province and optimize its royalty revenues.
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Larson, Braeden. (2017). Evaluating British Columbia's Natural Gas Royalty Regime: The Benefits of a Blended Rate Royalty Structure. (Master's thesis, University of Calgary, Calgary, Canada). Retrieved from https://prism.ucalgary.ca.