• Canada introduces law to ban tankers off north British Columbia | Reuters
    http://uk.reuters.com/article/canada-politics-tankers-idUKL1N1IE1M3

    Canada’s Liberal government has introduced legislation for a moratorium on oil tanker traffic along the northern coast of the #British_Columbia province, the country’s transport department said on Friday, delivering on an election promise.

    Canadian Prime Minister Justin Trudeau ordered the ban soon after the election in 2015, in which he took power on a pledge to balance resource development with protecting the environment.

    Friday’s bill will likely pass because Trudeau’s Liberals hold a majority in Parliament.

    Trudeau’s orders for the ban effectively slammed the door on Enbridge Inc’s #Northern_Gateway_pipeline, a project facing massive development hurdles that was to deliver oil to the north coast for export via tankers.

    The move is part of a Liberal plan to toughen response to oil spills at sea. The plan was announced last year days before Trudeau formally rejected Northern Gateway, but approved another pipeline project through British Columbia, Kinder Morgan Inc’s #Trans_Mountain expansion.

    According to Transport Canada, vessels carrying less than 12,500 metric tonnes of crude or other oils will be exempt from the tanker ban, so as to ensure northern communities can receive shipments of heating oils and other products.
    […]
    The ban does not apply to the south coast, which will likely see increased tanker traffic if Trans Mountain goes online.

    Whether that happens according to schedule, however, has become uncertain after British Columbia’s pro-energy Liberals, unaffiliated with Trudeau’s federal party, lost their majority in a provincial election on Tuesday.

    While absentee ballots still need to be counted in the close race, if the current seat count in the provincial legislature holds, the future of key energy projects in British Columbia will be pitted against the ability of the Liberals to work with the third-party Greens.

    • Kinder Commits to Pipeline Linking Oil-Sands Crude to Asian Markets - Bloomberg
      https://www.bloomberg.com/news/articles/2017-05-25/kinder-commits-to-pipe-linking-oil-sands-crude-to-asian-markets

      The Houston-based company announced its final investment decision for the Trans Mountain expansion project Thursday, saying it expects to secure enough financing from an initial public offering of its Canadian subsidiary to proceed with the project. It expects to raise C$1.75 billion from the IPO by May 31, according to a statement.

      The project will nearly triple Trans Mountain’s capacity, giving producers from Alberta’s oil sands access to Pacific shipping routes from the coast of British Columbia. Currently, almost all of Canada’s oil is exported to the U.S. With the expanded line, Canada can export to Asian refineries capable of processing its heavy crude and pay higher margins than those in the U.S.
      […]
      Environmental Opposition
      Those plans are likely to face a galvanized opposition in British Columbia, where the pipeline terminates near Vancouver. Two political parties — the New Democratic Party and Green Party — expanded their support in an election there earlier this month. Both are staunchly opposed to the project, which they say would increase tanker traffic and the risk of a catastrophic oil spill. Together they could muster a majority of lawmakers to overwhelm the more energy-friendly Liberal Party.

  • Canada to implement northern B.C. oil tanker ban this year -CBC | Reuters
    http://uk.reuters.com/article/canada-transport-idUKL1N1D602G

    Canada’s Liberal government will this year deliver on its pledge for a moratorium on oil tanker traffic along the northern coast of British Columbia, CBC News reported on Friday.

    Transport Minister Marc Garneau confirmed the plan in an interview with CBC Radio’s “The House,” the broadcaster said on its website.

    Canadian Prime Minister Justin Trudeau last year instructed Garneau to formalize the ban on oil tanker traffic, effectively slamming the door on a pipeline project that was already facing massive development hurdles.

    The ban is one of several obstacles to the building of Enbridge Inc’s Northern Gateway pipeline, which would carry oil sands crude from near Edmonton, Alberta, to a deepwater port at Kitimat, British Columbia, for export to Asian markets.