Tag #Pacific Future Energy

What are the immediate consequences of Pacific Future Energy's decision to cancel its West Coast refinery project?

Pacific Future Energy, a B.C.-based company, has cancelled its proposal to build a West Coast refinery for exporting refined petroleum products to Asia. This decision terminates the environmental assessment process and prevents the construction of a facility near Kitimat that would have processed 200,000 barrels of Alberta bitumen daily. The company's CEO, Samer Salameh, formally notified the Impact Assessment Agency of Canada in December 2023.