Pacific Future Energy has announced its has submitted a proposal to BC First Nation governments regarding the build of what the company is claiming as ‘the world’s greenest bitumen-to-fuels refinery’. The projected value of the build is CAN$15 billion, and the suggested site is the Dubose Flats, located approximately 30 km south of Terrace BC.
“This is the start of our public conversation as we work to build our economic future and protect our coast in Northern BC, while recognising and respecting First Nations rights and title,” said Samer Salameh, Executive Chairman of Vancouver-based Pacific Future Energy.
“Not only would our proposal provide a value-added way to get Canadian oil to growing world markets, but it would also protect both Canada’s land and marine environments from the effects of a heavy oil or bitumen spill,” said Robert Delamar, CEO of Pacific Future Energy. “Our plan would take full advantage of the opportunity for Canada by building a ‘near net zero carbon emissions’ refinery with the world’s most advanced technology. That will ensure an environmentally superior refinery that is also financially and economically sound.”
Edited from press release by Angharad Lock
Read the article online at: https://www.hydrocarbonengineering.com/clean-fuels/21012016/pacific-future-energy-to-build-worlds-greenest-refinery-2230/