UPDATE 1-Alberta petrochemical projects get C$500 mln royalty credits
December 05, 2016 at 13:42 PM EST
CALGARY, Alberta, Dec 5 (Reuters) - The Canadian oil-producing province of Alberta will offer C$500 million ($377.84 million) in royalty credits to Pembina Pipeline Corp and Inter Pipeline Ltd for their petrochemical projects, the government said on Monday as it seeks to diversify its ailing economy.