the new technology doesn’t substantially increase the cost of building a refinery if it is incorporated in the initial design. Where the expense becomes prohibitive is in retrofitting an existing refinery. 40,000 BARRELS PER DAY Once up and running, phase one of the new refinery is expected to produce 40,000 barrels of diesel fuel each day and 40,000 barrels of diluent and naphtha. About 4,000 tonnes of CO2 per day (or 1.2 million tonnes of CO2 annually) will be sold to Enhance Energy for use on the Alberta Carbon Trunk Line, a CO2 distribution system with the capacity to transport and store up to 14.6 million tonnes per year — a capacity that is equivalent to the emissions from all of the passenger cars in the province, MacGregor explained. As part of the enhanced oil recovery process, the captured CO2 will be pumped into old oil wells, allowing more oil to be recovered from the rock formations below. Any remaining CO2 eventually turns into calcium carbonate. “In Alberta, CO2 is a feedstock for a new downstream industry,” explained MacGregor. “It will revitalize old oil fields in the centre of the province and create a generation of new jobs where we need them.” Another benefit of the refinery project is its impact on employment. Construction 10 business elite canada H FEBRUARY 2017
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