By JEREMY van LOON
Canadian newspaper publisher David Black said his proposed
C$21 billion ($19 billion) refinery for the countrys
Pacific coast would eliminate the dirty oil label
for Alberta oil-sands bitumen.
The refinery in Kitimat, British Columbia, would employ a
technological process called Fischer-Tropsch, which would
slash the emissions associated with oil-sands crude, Black
said at an industry conference in Calgary. That would help
improve the image of the oil sands, he said.
Oil-sands bitumen can no longer be identified as dirty
oil, Black said. The refinery
would emit half the
greenhouse gases of any competing facility in the world, he
would be fed by
Enbridge's proposed Northern Gateway pipeline, which won
approval from Canadian regulators in December. Black first
proposed the refinery in 2012 as a way to help win support
for Northern Gateway, boost jobs in the province and protect
the marine environment.
Prime Minister Stephen Harper is expected to make a final
decision on the pipeline by June.
Black said his proposed refinery would provide protection for
the provinces marine environment because refined diesel
and jet fuel would largely evaporate rather than sink like
also would have a cost
advantage over other facilities
in the Pacific because
of lower prices for feedstock
from Alberta, Black