Pacific Future Energy now has submitted its formal proposal to build and operate the world’s greenest bitumen-to-fuels refinery in northwestern BC to local First Nations governments as well as to federal and provincial regulators.
“This is the start of our public conversation as we work to build our economic future and protect our coast in Northern BC, while recognizing and respecting First Nations rights and title,” said Samer Salameh, executive chairman of Vancouver-based Pacific Future Energy.
The project would receive near-solid neatbit™ bitumen by rail from Western Canada and refine it into diesel, gasoline, and other products for export to world markets.
Unlike diluted bitumen (dilbit) traditionally shipped by pipeline or rail, neatbit™ has a consistency similar to peanut butter. It is stable, has low flammability and is classified as non-dangerous for transport.
“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.”
Jacques Benoit, chief operating officer of Pacific Future Energy, said: “The project will allow export of refined products instead of diluted bitumen or other unrefined heavy-oil products. Transported in smaller tankers, refined products greatly reduce the risk to the marine environment in the unlikely event of a spill.”
The project is proposed for an area known as the Dubose Flats, approximately 30 km south of Terrace BC.
“We are engaging with First Nations in the project area in every step of this process, recognizing them as a First Order of Government and honouring the UN Declaration on the Rights of Indigenous Peoples,” said Salameh.
“Engaging with First Nations as a first order of government, with the goal of operating as full partners, is a crucial element of Pacific Future Energy’s plans. PFEC recognizes and will respect the new industry standard of placing First Nations First.”
The project is valued at approximately $15 billion CAD and will create an estimated 3,500 direct jobs in construction and 1,000 in operation.
Pacific Future Energy plans to power the refinery with clean-energy sources that include biomass wood-waste from the regional forest industry. This, it says, could benefit BC’s forest sector and create additional employment.
Pacific Future Energy now begins working with First Nations, the Canadian Environmental Assessment Agency and the BC Environmental Assessment Office on project requirements that include public consultations, environmental assessment and engineering studies.
“We will be listening very carefully to all of the feedback that we receive and will incorporate community concerns and values in our project’s design,” added Delamar. “We believe that social licence or permission must be earned at the concept stage of this project as well as throughout its lifecycle.”
Construction could begin in 2018 and production in 2021.
The full Project Description document submitted to regulators is online at: http://www.pacificfutureenergy.com/project-description
About Pacific Future Energy (http://www.pacificfutureenergy.com/)
Vancouver-based Pacific Future Energy is a Canadian-controlled company that has been developed to finance, design and construct the world’s greenest oil refinery in British Columbia, in partnership with First Nations. Its goals include creating jobs and economic stability at home, diversifying Canada’s oil industry and protecting BC’s coast from large oil tankers.
Facts and figures from Pacific Future Energy:
- Pacific Future Energy is committed to building a refinery with the lowest CO2 emissions possible, working to achieve low carbon intensity and Near Zero Net Carbon emissions. Key features include:
- Use of the best available technology and the highest possible operational efficiency to process Canadian resources;
- The highest amount of water recycling and treatment;
- Maximum recovery of carbon dioxide;
- The use of clean energy to power the refinery, including the use of wood-waste biomass;
- Capturing carbon from various processes.
- Pacific Future Energy’s refinery will eliminate the production of coke, which is a common by-product of oil refining. Coke is a significant source of greenhouse gas emissions and will not be produced by this refinery.
- The refinery could produce up to 160,000 barrels a day of diesel, 40,000 barrels a day of gasoline, 13,000 a day of kerosene (jet fuel) and 10,000 a day of LPG (liquefied petroleum gas, or propane). Butane will also be produced.
- The refinery would be built in large pre-fabricated modules, brought in by ship from Asia, then hauled by truck to the site, and assembled there.
- The use of biomass could help revive sawmills in the region. More than a dozen sawmills have closed in recent years; a key problem being inability to get rid of waste wood and biomass. There could be at least a million tonnes of wood waste in the region. That could produce power for the refinery and allow mills to re-open.
- Pacific Future Energy anticipates four trains per day to supply needed neatbit™ for the project, with each train approximately 120 cars in length
- Pacific Future Energy will mandate the use of newer, safety TC-117 model tanker cars with enhanced safety features.