Company plans on $10 billion refinery on north coast

Pacific Future Energy has proposed a $10 billion refinery somewhere on B.C.'s north coast.

Pacific Future Energy has announced a proposed $10 billion oil refinery which they promise to be the world’s greenest.

The “near zero net carbon” emission refinery will be developed in partnership with First Nations groups, the company said an a news release this morning.

“We believe this is an incredibly unique opportunity to build the greenest refinery in the world and there’s no better place than BC,” said Samer Salameh, Executive Chairman of Pacific Future Energy in a news release. “Our pre-feasibility study has begun, which will analyze the economic, social and environmental aspects of the refinery and help to determine the prospective site and expect to launch our feasibility and regulatory process in the next nine to 12 months.”

The refinery is being designed to be built in modules, each processing 200,000 barrels of bitumen per day. The bitumen would be converted into gasoline, diesel, kerosene and other poducts. When all of the project modules are complete, the facility will process up to 1,000,000 barrels per day, starting with the first phase of 200,000 barrels per day.

Pacific Future Energy joins the race to build a refinery with David Black’s Kitimat Clean proposal, which would process 550,000 barrels of diluted bitumen a day.

Black’s refinery is anticipated to cost $21 billion, with an additional $11 billion to construct a pipeline and tanker fleet.

Both refinery proposals anticipate a direct work force of 3,000.

 

Just Posted

LNG Canada support far outweighs protests, CEO says

Andy Calitz vows completion on schedule at B.C. Natural Resource Forum

Author warns of dangerous goods being carried by rail

Bruce Campbell wrote book on Lac-Mégantic disaster

Graduation rates drop in Coast Mountains School District

Lower student cohorts, increase in Evergreen certificates pointed as possible causes

Kid-friendly ski day at Shames

There were 175 children who skied and took lessons for free at the Port of Prince Rupert event

Proposal could see Haisla reserve double in size

Ellis Ross says waterfront development would be ideal

Canada’s archive buys rare book that hints at Nazi plans for North America

The 1944 book may have served as a blueprint for a Nazi purge

Teravainen’s 3 points lift Hurricanes to 5-2 win over Canucks

Vancouver heads into all-star break on losing note

47 men arrested by Vancouver police for allegedly seeking sex with teenage girls

Seven of those arrested have been charged as part of a two-month operation

B.C. hospital apologizes for veteran’s five-day hallway stay

Clinical director of Victoria General Hospital says case of retired veteran ‘definitely excessive’

Speaker Darryl Plecas says ‘justice’ needed for legislature employees

Plecas spoke to media at the opening of a pedestrian and cycling bridge in Abbotsford Wednesday

Advocate hopes B.C. legislature scandal leads to more transparency

‘Depressing’ that it takes a scandal to inspire freedom of information reform, says Sara Neuert

‘Dr. Lipjob’ avoids jail, gets 30-day suspended sentence

She will have to serve the 30 days in prison if she commits a breach during her two-year’s probation

Ex-Mountie involved in Taser death at Vancouver airport sues government

Kwesi Millington claims he acted in accordance with RCMP training

LETTER: Seniors home care, day programs expanding, Adrian Dix says

B.C. health minister responds to latest Seniors Advocate report

Most Read