Natural Resources

Royalties and Benefits Section

Responsibilities

The Royalties and Benefits Section is responsible for maximizing the benefits to the local economy from the development of major resource projects. Responsibilities include:

  • the maximization of fiscal benefits to the province from petroleum resource development through the negotiation, development, administration and monitoring of project agreements, and legislation;
  • the auditing of project costs and revenues to verify the accuracy of royalties paid to the province;
  • the provision of overall energy economic/financial and supply/demand information review, analysis, and advice for resource management decisions; and
  • the maximization of industrial benefits to the local economy from the development of major mining and energy projects through negotiation of benefits commitments, benefits monitoring and international promotion of the province‚Äôs industrial capacity and capabilities.

Divisions

Contact

Doug Trask
Assistant Deputy Minister- Royalties and Benefits
Telephone: 709 729-1644

Additional Contact Information

 
Last Updated:
This page and all contents are copyright, Government of Newfoundland and Labrador, all rights reserved.