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The APMC is a Crown corporation established in 1974 under the Petroleum Marketing Act. It is a wholly owned, arms-length Provincial Agency of the Government of Alberta:
Conventional Oil Royalties in Kind (CORIK)
The APMC is responsible for taking delivery of the Crown’s royalty share of crude oil that is received in kind and monetizing (marketing) that oil to achieve the maximum value. The APMC is also responsible for financial reporting, implementing policy and designing processes to satisfy its mandate under the Petroleum Marketing Act. Under the current process, producers deliver the Crown royalty share of crude oil to the account of the APMC at 170 pipelines and terminals from 5,000 delivery points. A private sector marketing agent (90%) and the APMC (10%) schedule the movement and contract for the sale of the delivered crude oil. The net revenue (total sales less purchases, less transportation and other pipeline costs) generated from monthly crude oil sales is transferred to monthly. The APMC is also responsible for determining prices used for royalty calculations for crude oil, natural gas, natural gas liquids and sulphur.
Adding Value to Alberta’s Energy Resources
The APMC is responsible for exploring new value-added opportunities for oil and bitumen, natural gas and natural gas liquids, and vetting proposals coming to the Government of Alberta in these areas. The APMC actively engages with industry proponents to understand and assess opportunities to enhance the value of Alberta’s hydrocarbon resources where the proponents are seeking greater Government understanding or potential commercial involvement in their proposals. Engagements have included a range of proponents seeking to develop partial upgrading, upgrading, refining and petrochemical projects.
The APMC continues to steward its existing commitments to the North West Redwater Partnership related to the Sturgeon Refinery commercial agreements.
Expanding Access to Global Energy Markets
The APMC is responsible for exploring new opportunities for building new markets for oil and gas products within North America and abroad, providing advice on and implementing business arrangements to improve access to current and new markets, and vetting proposals coming into Government in these areas. The APMC actively engages with upstream, midstream and downstream industry players to understand and assess opportunities. The APMC has been engaged on a global basis, has had discussions with major international marketing, refining, petrochemicals and infrastructure companies to identify opportunities to enhance market access for Alberta’s hydrocarbon production and products.
For further information about Alberta Petroleum Marketing Commission, please visit their website at http://apmc.alberta.ca/3320.asp
The Alberta Petroleum Marketing Commission (APMC) is seeking applications from individuals for the position of Chief Executive Officer (CEO). Reporting to the Board of Directors appointed by the Minister of Energy, the CEO provides the strategic vision, planning and operational leadership to obtain the best value from sale of royalty production and management of business arrangements as well as provide strategic advice on energy market and diversification opportunities
This position requires executive level management experience in oil and gas, refining, or joint venture management, proven leadership skills and the ability to actively facilitate collaborative working relationships with others to strategically and effectively influence colleagues and other decision makers, and to effectively represent the interests of APMC as Agent of the Crown.
The CEO develops and leads an effective and innovative organization to achieve APMC’s mandate including performance objectives that reflect market requirements. The CEO recruits, hires, motivates and retains staff to effectively meet the accountabilities of the APMC. This position has operational leadership of a small team of about 20.
The CEO addresses issues that affect APMC as Agent of the Crown managing the sale of Alberta’s royalty share of oil, oversight of existing business arrangements and advice to enter into new strategic business arrangements. The CEO is accountable for managing the APMC’s interests in the refinery and meeting APMC’s obligations related to its agreements, as well as, ongoing crude oil sales and other strategic initiatives.
SPECIFIC AREAS OF RESPONSIBILITY
Main strategic functions of the role include:
Marketing the Crown’s conventional oil royalty received in kind and setting prices used in the valuation of the Crown royalty share of natural gas, natural gas liquids, and sulphur.
Adding value to Alberta’s energy resources
Expanding access to global energy markets
Act as the commercial arm of the Alberta Ministry of Energy by advancing and executing the work of the Government of Alberta to sustain, expand and diversify Alberta’s energy sector.
SKILLS & EXPERIENCE
This position requires executive level management experience or extensive senior management experience in order to effectively:
SPECIALIZED KNOWLEDGE AND EXPERIENCE
To be successful in the position, specialized knowledge is required in:
In addition, this position requires specific skills and knowledge to lead an active role as a voting member in the governance of the Sturgeon Refinery including:
This position is subject to the principles outlined in the Reform of Agencies, Boards, and Commissions Act and its regulations and will be subject to any future changes to the Act and regulations.
This position may also be designated to be subject to the provisions of the Conflict of Interest Act or Public Service Act, and as a result, upon designation, the position will comply with all obligations and requirements outlined in the Conflict of Interest Act or Public Service Act and/or any regulations listed under these Acts including obligations and requirements.
This is a fixed term position for not more than 6 years.
Information on compensation and benefits can be found here: https://www.alberta.ca/abc-compensation.aspx#toc-1.
Annual public disclosure of compensation and the contract of employment are required for this position.