novelraw Chapter 1226 - 1229: Do You Think You Are Worthy? 25
Chapter 1226 - 1229: Do You Think You Are Worthy? 25
The congressman nodded, "Indeed, the Alberta region has discovered oil sands with rich resources, with proven oil reserves of at least 170 billion barrels." Oil sands are a sandy mineral deposit containing crude oil, characterized by high viscosity crude oil which is classified as heavy oil.
"Everyone knows that almost all of Canada’s current oil production is supplied to America. A few months ago, the Canadian Prime Minister actively promoted the construction of the Keystone XL pipeline to America’s interior and submitted a project application for the construction of the Keystone XL pipeline to us. According to the revised plan, this pipeline originates from Hardisty, Alberta, Canada, and extends south to Steele City, Nebraska, America, with a total length of approximately 1,900 kilometers."
"However, our government announced in April this year that the extended project review time might delay the final decision to approve the project until after the mid-term congressional elections in November to avoid influencing the Democratic Party’s election prospects."
"The Canadian government is very dissatisfied with this and now wants to open up an oil export market. They aim to build a Northern Gateway pipeline from the northwestern oil fields to the Pacific Ocean coast to facilitate oil exports to Asia-Pacific countries, primarily targeting the Chinese market."
"Experts predict through assessments that after the completion of this oil pipeline, Canada can daily transport 525,000 barrels of crude oil from Alberta to Kitimat Port, where it will then be shipped to various Asia-Pacific countries."
"Associated Press predicts that by then, approximately 220 large oil tankers will arrive annually at Kitimat Port to transport Canadian crude oil to the Asia-Pacific market."
"The Northern Gateway pipeline project still needs support from local governments, yet the British Columbia provincial government has not expressed support for this project. Several environmental organizations and indigenous groups have clearly opposed it, citing concerns about an incident similar to the Exxon Valdez oil tanker running aground near Alaska, which resulted in the leakage of 50,000 tons of crude oil."
"The Canadian federal government has appointed an independent panel of experts to evaluate the Northern Gateway pipeline project. After assessment, the panel determined that although a large oil spill would have catastrophic effects on the local environment, the safety measures submitted by Enbridge Company would effectively reduce the chances of similar accidents, and this project is about to be approved."
The other party spoke at length, while Gu Shaocheng merely listened calmly before smiling, "What does this have to do with me?"
"We don’t want this project to be approved."
Gu Shaocheng raised his eyebrows, "So?"
"If you have a way to prevent this project from passing, we can have Young Master Gu stay with you for an additional five years and secretly help you seize the construction rights from Enbridge Company. But the premise is, you must delay this project until after December before it can commence."
Gu Shaocheng finally understood the crux, "So, you still want to build a pipeline leading to the American interior, the Keystone XL pipeline."
"I strongly support this project, but unfortunately, some old fogeys in parliament are holding the initiative, so the project has been stalled. If you can find a way to ensure the current Enbridge Company project is not approved, and then wait for the Keystone XL pipeline proposal in America to be passed, while also expanding the Northern Gateway pipeline project, then everyone can earn from the business. You absolutely won’t lose!" said the financial tycoon, who actually really wanted the construction rights for the XL pipeline project, but Congress over there was not supportive.