Forum Discussion
noteven
Oct 07, 2021Explorer III
free radical wrote:
Can someone explain why not refine the oil right there in Alberta instead of wasting money building pipelines and moving it elsewhere?
There is already existing refinery if I remember corectly.
Alberta refineries have a capacity of approximately 540,000 bbl/day
Alberta upgraders have approximately 1,480,000 bbl/day capacity to upgrade heavy crude (high asphalt content) and bitumen from oil sands into “synthetic” crude oil.
Saskatchewan refineries have a capacity of approx 184000 bbl/day.
The Husky upgrader on the border At Lloydminster is approx 29,000 bbl/day. It also has an ethanol plant. The Lloydminster refinery produces asphalt.
A person from the industry being interviewed on radio estimated building a new refinery in Canada to be a 15 to 20 year project through opposition, studies, elections, more studie, lawsuits, rule changes after the fact, etc.
In addition a petroleum engineer told me that finished refinery products such as diesel fuel and gasoline are more harmful and harder to clean up if spilled than oil in it’s natural state.
Alberta and Saskatchewan’s proven oil reserves including bitumen are ranked 3rd in the world behind Venezuela and Saudi Arabia.
Canada ranks 4th in production behind USA, Russia, Saudi Arabia.
Canada was not recently asked to increase production for export to it’s largest trading partner, closest neighbor and ally. OPEC was.
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