{"id":618078,"date":"2026-04-21T04:45:11","date_gmt":"2026-04-21T04:45:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/618078\/"},"modified":"2026-04-21T04:45:11","modified_gmt":"2026-04-21T04:45:11","slug":"alberta-south-korea-reach-deal-to-eliminate-three-per-cent-tariff-on-crude-exports","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/618078\/","title":{"rendered":"Alberta, South Korea reach deal to eliminate three per cent tariff on crude exports"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">EDMONTON \u2014 Alberta Premier Danielle Smith has signed a joint statement with South Korea to waive a three per cent tariff on crude exports from the oil-rich province.<\/p>\n<p class=\"yf-1fy9kyt\">The Alberta government says the agreement will open up more market access for energy producers shipping bitumen from Canada.<\/p>\n<p class=\"yf-1fy9kyt\">It says Alberta exported almost $400 million in crude oil to South Korea last year, but with tariffs removed, that number could grow to between $400 million and $1 billion annually.<\/p>\n<p class=\"yf-1fy9kyt\">Smith has stated her goal is to double oil and gas production in the province by 2035, and she wants to see more pipeline capacity to make it happen.<\/p>\n<p class=\"yf-1fy9kyt\">Expanded pipeline access to the B.C. coast meant crude shipments to South Korea went up more than 500 per cent year over year, according to the province.<\/p>\n<p class=\"yf-1fy9kyt\">Alberta estimates that trade between it and South Korea amounted to $1.8 billion last year.<\/p>\n<p class=\"yf-1fy9kyt\">This report by The Canadian Press was first published April 20, 2026.<\/p>\n<p class=\"yf-1fy9kyt\">The Canadian Press<\/p>\n","protected":false},"excerpt":{"rendered":"EDMONTON \u2014 Alberta Premier Danielle Smith has signed a joint statement with South Korea to waive a three&hellip;\n","protected":false},"author":2,"featured_media":618079,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[26353,53104,45,49,48,207189,7556,53105,46,18262],"class_list":{"0":"post-618078","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-alberta-government","9":"tag-alberta-premier","10":"tag-business","11":"tag-ca","12":"tag-canada","13":"tag-crude-exports","14":"tag-crude-oil","15":"tag-danielle-smith","16":"tag-economy","17":"tag-south-korea"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/618078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=618078"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/618078\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/618079"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=618078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=618078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=618078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}