Harper Government Encouraged by Important Milestone in Transportation of Canadian Oil West to East

Harper Government Encouraged by Important Milestone in Transportation of Canadian Oil West to East

ID: 284071

(firmenpresse) - SAINT JOHN, NEW BRUNSWICK -- (Marketwired) -- 08/01/13 -- The Honourable Rob Moore, Minister of the Atlantic Canada Opportunities Agency and Regional Minister for New Brunswick, today reacted to TransCanada's announcement of their Energy East Pipeline Project proposal on behalf of the Honourable Joe Oliver, Canada's Minister of Natural Resources. This project aims to carry Canadian crude from Alberta and Saskatchewan to refineries in Quebec and New Brunswick.

"Our government's priorities are job creation, economic growth and long-term economic prosperity," said Minister Moore. "We welcome today's milestone in transporting Canadian crude from West to East and reaching new markets abroad."

The government only allows energy projects to proceed that are safe for Canadians after an independent, science-based environmental and regulatory review process. Nevertheless, proposals of this kind are, in principle, exceptional news for Canada's energy security and our economy.

In 2012, 83 percent of crude oil deliveries to Atlantic Canadian refineries and 92 percent of oil deliveries to refineries in Quebec were imported, primarily from the Middle East, Nigeria and Angola.

"Our government has lowered taxes, streamlined regulatory reviews and is aggressively working to reach new markets for Canadian natural resources," said Minister Moore. "This initiative would allow Canadian refineries to process more potentially lower priced Canadian oil, making our country less reliant on foreign oil from other countries."

"Our government is committed to enhancing pipeline safety. We have introduced tangible new measures to further enhance our record and that work continues," said Minister Moore.

Those new measures include:

"While our government has taken action, our work continues. This June, we announced our intention to bring forward more measures," said Minister Moore.

Those measures include:

"Natural resource development supports 1.6 million jobs across Canada and generates billions of dollars of tax revenue and royalties annually for critical social programs like health care and education", concluded Minister Moore. "The expansion and diversification of our energy markets is a priority of the Harper Government because it is crucial to jobs, economic growth and long-term prosperity."





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Contacts:
Media may contact:
David Provencher
Press Secretary
Office of Canada's Minister of Natural Resources
613-996-2007

Media Relations
Natural Resources Canada, Ottawa
613-992-4447

The general public may contact:
Mon.-Fri., 8:30 a.m.-4:30 p.m. EDT
Telephone: 613-995-0947
TTY: 613-996-4397
(teletype for the hearing-impaired)

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Bereitgestellt von Benutzer: Marketwired
Datum: 01.08.2013 - 17:15 Uhr
Sprache: Deutsch
News-ID 284071
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SAINT JOHN, NEW BRUNSWICK



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Government & Administration



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