Why the ‘refine it here’ mantra is nothing more than wishful thinking

It is a grandiose idea: Imagine if local processing of Alberta’s bitumen and conventional oil could increase to the point where it lessened the need for environmentally-disruptive takeaway pipeline infrastructure. The downstream diversification of the industry into the more value-added production of goods like diesel fuel and petrochemical products would generate significant economic benefits.

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Do more refining in Alberta to fix ‘bitumen bubble,’ conference told

CALGARY — Worried about high differentials for heavy oil?

The solution is simple: Don’t sell heavy oil, says Ian MacGregor, chairman of North West Upgrading Inc.

“With all the transportation and market constraints that we see, it’s hard to see this situation reversing itself,” he said at a conference in Calgary on Tuesday.

“Why bother to refine? People used to make synthetic crude oil to send it off to somebody else for refining. You get about half the margin that you do with refining when you do that.”

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North West Refinery a boon for Fort

FORT SASKATCHEWAN – All is good in the Industrial Heartland following a recent announcement that Sturgeon County’s Northwest Upgrader has been given the go-ahead.

The $5.7-billion bitumen refinery is drawing attention from around the Heartland, starting with Fort Saskatchewan.

Last week saw Mayor Gale Katchur receive a message from Doug Bertsch, vice-president of regulatory affairs with the North West Redwater Partnership, which is heading the upgrader project.

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Shell breaks ground on Quest

FORT SASKATCHEWAN – The shovels are going into the ground as Shell Scotford prepares for the Quest carbon capture and sequestration project at the facility, but the $1.3 billion project isn’t the only item of business on the refinery’s plate.

The facility also has a slate of turnarounds on tap for 2013, where each of the three phases of the plant will receive their scheduled maintenance, said Arnel Santos, the Scotford upgrader’s general manager.

Read more: http://tinyurl.com/9rlmrcv  

There are local opportunities for ‘industrial ecology’

By working together, government and industry can build large industrial complexes while protecting their environment.

A Lethbridge geographer cited an Australian success Thursday, to show how manufacturing plants and refineries can integrate their operations and use each other’s byproducts.

Read more: http://tinyurl.com/9pmwsr6