Open
Oil and Gas Processing Investment Incentive
Transferable tax credits for value-added processing
Last Update: April 9, 2026
Funding available
$ 75,000,000
Timeline
- Open Date : July 8, 2019
- Closing date : March 31, 2029
Location
Saskatchewan, Canada
Overview
This program provides transferable royalty and production tax credits for qualifying value-added processing projects in Saskatchewan, up to CAD$75 million per project. It supports new or expanded oil, gas, and chemical fertilizer facilities, as well as related processing and commercialization activities.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase production or service capacity
- Increase operational productivity
- Optimize production processes
Eligible Funding
- Maximum amount : 75,000,000 $
- Up to 15.000001% of project cost
Timeline
- Open Date : July 8, 2019
- Closing date : March 31, 2029
Eligible candidates
Eligible Industries
- Mining, quarrying, and oil and gas extraction
- Manufacturing
Location
- Saskatchewan
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Canadians
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Refineries and upgrading facilities
- Petrochemical facilities
- Associated gas commercialization and gas gathering projects
- Carbon capture, utilization and storage for enhanced oil recovery
- Commercialization of oil and gas byproducts, and chemical fertilizer facilities
Documents Needed
- OGPII Application Form
- OGPII Program Overview and Application Instructions
- Certificate of Incorporation
- Eligible Cost Submission Form
- Assurance Report from a CPA
Eligibility
Who is eligible?
- Companies developing oil, gas, or chemical fertilizer projects
- Companies carrying out value-added processing projects in Saskatchewan
- Corporate entities with a BA ID in IRIS, for credit transfers
Who is not eligible
- Government bodies and Crown agencies
- Not-for-profit corporations
Eligible expenses
- Land and real property used for the project
- Depreciable assets, installation, and transport costs
- Professional services, engineering design, and FEED studies
- Site preparation, construction, and necessary utilities
- Regulatory, licensing, and other project development fees
Ineligible Costs and Activities
- Administration and overhead costs
- Travel, subsistence, promotional, and advertising costs
- Operating costs and post-construction maintenance
- GST, PST, HST, fines, and penalties
- Feasibility studies, spare equipment, and non-arm's-length transactions
Eligible geographic areas
- Saskatchewan
Processing and Agreement
- The application is reviewed by the Ministry of Energy and Resources.
- Successful applicants receive a Letter of Conditional Approval.
- A formal agreement is then signed before credits can be earned.
- After project completion, eligible costs are reviewed before a Certificate of Approval is issued.
- Approved credits are then applied or may be transferred through IRIS.
Additional information
- Applications are accepted until March 31, 2029.
- The program can be used alongside other incentive and grant programs in Saskatchewan.
- Projects may involve more than one company.
- Credits are transferable through IRIS to other eligible corporate entities.
Contacts
Frequently Asked Questions about the Oil and Gas Processing Investment Incentive Program
Here are answers to the most common questions about the Oil and Gas Processing Investment Incentive. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Oil and Gas Processing Investment Incentive?
This program provides transferable royalty and production tax credits for qualifying value-added processing projects in Saskatchewan, up to CAD$75 million per project. It supports new or expanded oil, gas, and chemical fertilizer facilities, as well as related processing and commercialization activities.
How much funding can be received?
Oil and Gas Processing Investment Incentive Funds up to 15.000001% of admissible expenses, capped at $75,000,000 per project.
What is the deadline to apply?
The application deadline for this grant program is **March 31, 2029**. Applicants must submit their complete application before this date to be considered for funding.
Who is eligible for the Oil and Gas Processing Investment Incentive program?
To be eligible for the Oil and Gas Processing Investment Incentive program, you must:
Qualifying value-added processing project
Minimum CAD$10 million in eligible costs
Not operational before application
What expenses are eligible under Oil and Gas Processing Investment Incentive?
Refineries and upgrading facilities
Petrochemical facilities
Associated gas commercialization and gas gathering projects
Carbon capture, utilization and storage for enhanced oil recovery
Commercialization of oil and gas byproducts, and chemical fertilizer facilities
Who can I contact for more information about the Oil and Gas Processing Investment Incentive?
You can contact Government of Saskatchewan by email at ogpii@gov.sk.ca or by phone at (306) 787-2604.
Where is the Oil and Gas Processing Investment Incentive available?
The Oil and Gas Processing Investment Incentive program is available the province of Saskatchewan.