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ARTICLE · 22 APRIL 2020

Saskatchewan Program To Incentivize Pipeline Development

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In 2019, the Saskatchewan Ministry of Energy and Resources implemented the Petroleum Innovation Incentive Program (PIIP) and the Oil and Gas Processing Investment Incentive Program (OGPIIP)...

CanadaEnergy and Natural Resources
Alixe Cameron
Alixe Cameron
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In 2019, the Saskatchewan Ministry of Energy and Resources implemented the Petroleum Innovation Incentive Program (PIIP) and the Oil and Gas Processing Investment Incentive Program (OGPIIP) aimed at encouraging growth, innovation and sustainability of Saskatchewan's oil and gas industry. Earlier this week, the ministry enacted another program, the Oil Infrastructure Investment Program (OIIP) which applies to the development of certain oil pipeline projects which will:

  1. increase oil pipeline capacity in Saskatchewan;
  2. not be considered to be redundant;
  3. not become operational before the application for participation has been submitted; and
  4. involve a minimum investment of $10 million in eligible costs.

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