Canada · 12 d ago
miguelphotobooth · CC BY 2.0 · Wikimedia Commons
Adam Waterous proposes crude exports to Asia by rail through northern B.C.
Waterous, chair of Strathcona Resources, wants heavy crude shipped on the existing CN Rail line to a new marine export terminal at the Port of Prince Rupert.
Extra crude to the West Coast
250,000 barrels a day
He says the project could move an extra 250,000 barrels a day to the West Coast in under two years, privately funded.
It needs an exemption from the federal oil tanker ban on B.C.'s north coast. Transport Canada said the ban remains in effect.
What we know
- Strathcona has talked to CN about costs
- Waterous wants a national-interest review
Not yet
- Whether Ottawa would exempt the ban
The proposal is at an early stage and has not been submitted to Ottawa for approval.
