This article was last updated on April 16, 2022
Canada: 
Oye! Times readers Get FREE $30 to spend on Amazon, Walmart…
USA: Oye! Times readers Get FREE $30 to spend on Amazon, Walmart…
Pacific Future Energy has announced its proposal plan to build a $10 billion oil refinery which will be allegedly the world’s greenest. According to the company’s press release this morning, it revealed that the “near zero net carbon” emission refinery will be developed in partnership with First Nations groups.
Executive Chairman of Pacific Future Energy, Samer Salameh, explained that “we believe this is an incredibly unique opportunity to build the greenest refinery in the world and there’s no better place than BC.” It was added that “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.” According to the plane, the refinery is 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. Whereas when the entire project is complete, the facility will have the capacity to process up to 1,000,000 barrels per day, starting with the first phase of 200,000 barrels per day.
Pacific Future Energy is in a race to build a refinery with David Black’s Kitimat Clean proposal, which would process 550,000 barrels of diluted bitumen a day. Whereas, the Black’s refinery is expected to cost $21 billion, along with an additional $11 billion to construct a pipeline and tanker fleet. Both refinery proposals anticipate a direct work force of 3,000.
Be the first to comment