Canada took a step toward opening a new route for its vast oil reserves to Asian markets as Prime Minister Mark Carney advanced a Pacific Coast pipeline from Alberta. The project aims to reduce the country’s dependence on the US while easing separatist tensions and preserving environmental protections.
Pipeline Route
The proposed route will go through southern British Columbia, following closely along a route already traversed by the Trans Mountain pipeline. It will run from Bruderheim, northeast of Edmonton, Alberta, to the southern British Columbia coast, delivering more than one million barrels per day to tankers and then to Asian markets.
Alberta Premier Danielle Smith said the Alberta government is partnering with the federally owned Trans Mountain Corporation and Calgary-based Pembina Pipeline on what it calls the West Coast oil pipeline. The share of the private sector stake remains to be seen.
Environmental Protections
Carney has committed to compensating British Columbia for environmental risks if a pipeline is built in the southern part of the province. The tanker ban will remain in place, protecting the northern coast of British Columbia.
Original reporting: KTBS 3 (Shreveport) — read the source article.
