SHELL CANADA PRESIDENT AND COUNTRY CHAIR, LORRAINE MITCHELMORE, CALLS FOR NATIONAL STRATEGY TO IMPROVE CANADA'S GLOBAL COMPETITIVENESS

CALGARY, March 21 /CNW/ - As Shell celebrates its 100^th year anniversary in Canada today, Shell Canada President and Country Chair called for a national approach to energy that would pave the way for Canada's emergence as a global energy superpower.

"Canada's emergence as a global energy superpower hinges on the country's ability to develop a truly national approach to energy," said Lorraine Mitchelmore, Shell Canada President and Country Chair. "A national energy strategy will support a balanced approach to strengthening the economy, improving the environment, and turning environmental stewardship into economic advantage."

"Canada has all the hallmarks of an energy superpower, but we don't have the right strategy to get us there," said Mitchelmore. "Developing that strategy requires collaboration among all stakeholders - energy companies, governments, communities and NGOs. We need to agree on an approach to energy that meets our respective needs and benefits Canada as a whole. We at Shell Canada firmly believe that a collaborative approach is possible, but we must start the process as soon as possible."

To be a fully-fledged energy superpower Canada needs a national energy strategy that includes fiscal and regulatory measures that promote the country's international competitiveness.

"Key elements of the strategy should be a price on carbon, sustainable and affordable energy with a reduced carbon footprint, and a national rather than a regional approach to our energy market," said Mitchelmore.

Mitchelmore added that Canadians also need to accept that the country must have an export market for its energy products.

Mitchelmore noted that Canada is in a strong position within the global energy hierarchy.

"Along with Norway, we are the most stable, the most reliable and the most democratic of the world's top 10 oil and gas producers. That's a distinct competitive advantage given the current turmoil in North Africa and the Middle East, where five of the other top 10 are located," she said.

It means that Canada can emerge as the reliable, stable and socially responsible supplier of choice to an energy-hungry world.

"As a deep-rooted Canadian company, we have a vested interest in the future of the country's energy industry and its economy. We also understand both the Canadian and the global energy markets, and as part of the global Shell organization, we have access to technology, knowledge and best practices that we can apply locally to support Canada's effort to succeed globally," said Mitchelmore.

Shell has been operating in Canada since 1911 and employs approximately 8,000 people across the country. A leading manufacturer, distributor and marketer of refined petroleum products, Shell produces natural gas, natural gas liquids and bitumen, and is Canada's largest producer of sulphur. Shell is one of Canada's oil sands developers and operates the Athabasca Oil Sands Projects on behalf of the joint venture partners.

Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 100 countries with businesses including oil and gas exploration and production; production and marketing of Liquefied Natural Gas and Gas to Liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy. For further information, visit www.shell.com.

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