By EDWARD WELSCH
The owner of a British Columbia newspaper chain has proposed
spending 13 billion Canadian dollars ($13.1 billion) to build
an oil refinery on Canada's west coast that would refine crude
from oil sands before shipment to Asia.
David Black, owner of the British Columbia community
newspaper chain Black Press Ltd., said this weekend that the
refinery built near Kitimat, British Columbia, would process
crude oil from Enbridges Northern Gateway pipeline into
refined products, including gasoline, diesel and aviation
The refinery will be state of the art
and designed specifically for processing Alberta oil sands
heavy crude oil, Black said in a statement on the website
for the new refining company, called Kitimat
Clean Ltd. We want it to be the cleanest and greenest
upgrading and refining site in the
Black said that the refinery would reduce the risk from
tanker spills on the west coast, because refined petroleum
products evaporate and aren't as hard to clean up as unrefined
The refinery would create 6,000 construction jobs over five years
and 3,000 permanent refinery jobs, he said.
The refinery would be able to process 550,000 bpd of oil and
could be built by 2020. Enbridge's Northern Gateway pipeline is
designed to transport 525,000 bpd and could be completed by
Black said he has been in contact with government officials
and believes they would support the project.
He also said that he believes the public would be more
supportive of the Enbridge pipeline if a refinery were built to
both help British Columbia's economy and reduce the spill
However, Black said some oil sands producers have said they
are not in favor of a refinery and would prefer to export
unrefined heavy crude.
Dow Jones Newswires