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Carney says Canada a reliable oil exporter with moves to increase production
Canada will supply 23.6 million barrels of oil through the International Energy Agency and plans to increase production, aiming to stabilize markets amid the Iran conflict, Prime Minister Carney said.
- On Saturday, Prime Minister Mark Carney visited Holmenkollen, Norway, to meet Norwegian Prime Minister Jonas Gahr Store during the International Ski Federation Nordic World Cup.
- Addressing global supply chain disruptions from the war in Iran, Carney affirmed Canada will increase oil production to meet International Energy Agency commitments as a reliable exporter.
- The $14 billion Bay du Nord project was discussed with Equinor, with Carney noting it will provide "very low carbon oil in terms of production and transportation" to market.
- Shipping giant Maersk, handling about 15 per cent of global container traffic, and Landsvirkjun, Iceland's national energy company, held separate meetings with Carney to explore economic cooperation.
- Leaders from Denmark, Finland, Iceland, and Sweden—the Nordic Five—are scheduled to meet Carney and Store on Sunday to strengthen Atlantic economic foundations and discuss energy security.
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Carney says Canada a reliable oil exporter with moves to increase production
Prime Minister Mark Carney says that countries like Canada do not need to have oil reserves as a net exporter, after the energy minister announced Canada will contribute 23.6 million barrels to help stabilize international energy markets.
·Canada
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Canada is a reliable oil exporter with moves to increase production - The Canadian Media
Ottawa/CMEDIA: Following reportedly Canada’s energy minister’s announcement that Canada will contribute 23.6 million barrels to help stabilize international energy markets, Canada’s Prime Minister Mark Carney said that countries like Canada do not need to have oil reserves as a net exporter. A co-ordinated release of oil stocks has been agreed by the 32 member countries of the International Energy Agency, including Canada as the war in Iran des…
Coverage Details
Total News Sources10
Leaning Left7Leaning Right0Center2Last UpdatedBias Distribution78% Left
Bias Distribution
- 78% of the sources lean Left
78% Left
L 78%
C 22%
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