19 March 2013 19:51 [Source: ICIS news]
TORONTO (ICIS)--A proposal for a 550,000 bbl/day grassroots export refinery on Canada's west coast in Kitimat, ?xml:namespace>
Canadian media entrepreneur David Black proposed the project last year. The refinery would process heavy oil and bitumen shipped in from
The British Columbia government said that the report on Black's project advanced the province's “knowledge of and position as a safe and reliable jurisdiction for potential manufacturing and shipment of heavy oil”.
It did not say what steps it would take next, if any, to support the development of the project.
However, earlier this month,
The refinery would, if realised, be the largest single private-sector investment in the province’s history.
Black argues that his project would be an environmentally safer alternative to the proposed Northern Gateway pipeline project, which would export unprocessed heavy oil to
Environmentalists are opposed to Northern Gateway because of the risks of shipping heavy oil in British Columbia's sensitive coastal waters. Refining the oil at Kitimat would result in tankers carrying lighter products, which are easier to clean up in case of a spillage, according to Black.
The proposed refinery and Northern Gateway are part of
Canadian oil firms, as well as
Adding to Canadian worries is the continued uncertainty over whether the
Meanwhile, Canadian energy firms have also proposed investing in west-to-east pipeline logistics to supply refiners in
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