I think it is insane for Canada to be importing foreign oil. Reviving Energy East Pipeline makes sense to me.
New Brunswick’s new premier working to bring Energy East pipeline back from the dead
FREDERICTON — New Brunswick’s new premier is trying to revive the Energy East pipeline — even though the original proponent says the project is dead.
TransCanada Corporation abandoned the $15.7-billion project more than a year ago, after the National Energy Board modified the environmental assessment process.
But Premier Blaine Higgs, along with some other premiers and federal politicians, are again pushing the proposed pipeline as a way to get more western crude to refineries in Eastern Canada and for export to foreign markets.
Ontario and Quebec have also new elected new premiers this year, and Higgs said he thinks Energy East could be viable.
“The fact that Ontario has said they’re not opposed to oil coming through the province, there’s a hurdle that’s now gone. We know that Manitoba and Saskatchewan are fine and we know Alberta is looking for a way out,” said Higgs.
“We see Alberta now taking a strong position with buying rail cars and saying we’ve got to get our oil to market because they’re losing $80 million a day.”
Higgs said he recognizes Quebec could still be a hurdle and he plans to discuss the project with Premier Francois Legault this week at a first ministers meeting in Montreal.”
3 thoughts on “Energy East Comeback?”
Canada’s eastern refineries are not designed for the heavy, high-sulfur crude of western Canada. The imports will continue.
Frank McKenna disagrees
“A new line could be built from Montreal to Saint John. One East Coast refinery, the Irving Refinery of Saint John, is the largest refinery in Canada and the largest refinery on the East Coast. It is capable of using heavy oil at the present time and with the addition of a coker could process raw bitumen into synthetic crude oil.” he wrote in the Financial Post.
Carolyn Van der Veen, director of public affairs for Irving Oil, said it could possibly be done.
“We’ve processed Canadian crude in the past and may do so in the future if logistics are viable,” she said.”
$15.7 billion is an absurd amount to spend to supply one refinery that doesn’t even have a coker. Heavy crudes are more efficiently supplied from Mexico by ship.