Canada Says Its Oil Could Replace U.S. Imports Of Russian Crude

Hamilton Nwosa
Writer

Ad

Tinubu Nominates Mahmud Yakubu, Fani-Kayode, Omokri, Others as Ambassadors

By Abiola Olawale President Bola Ahmed Tinubu has forwarded a fresh list of 32 ambassadorial nominees to the Senate for screening and confirmation. The list features a mix of seasoned career diplomats and high-profile non-career appointees, including several notable political figures whose nominations have instantly generated significant public discourse. ​This second batch of nominations comes…

Why Guinea-Bissau Coup is More Painful Than 2015 Election Loss– Jonathan 

By Abiola Olawale Former Nigerian President Goodluck Jonathan has described the recent military coup in Guinea-Bissau, which halted a nearly completed electoral process, as a deeper personal blow than his own 2015 presidential election defeat. ​In a statement following his evacuation from the West African nation where he was serving as an election observer, Jonathan…

Kano Govt Demands Immediate Arrest of Ex-Governor Ganduje Over Security Comments

By Abiola Olawale The Kano State Executive Council has called for the immediate investigation and arrest of the former Governor, Dr. Abdullahi Umar Ganduje, following what it describes as "inciting and reckless" public comments concerning the state's security situation. The demand, raised after a State Executive Council meeting on Thursday, accused the former governor of…

Ad

…Alberta’s Energy Minister Sonya Savage: Alberta is the answer to US Energy security. Real emissions reductions, reliable, right next door.

…Officials from Canada’s largest oil-producing province Alberta said that Canada could replace American imports of Russian crude oil.

Canada’s oil could replace American imports of Russian crude, the top officials of the oil-producing province Alberta said this weekend.

As talks about banning Russian oil imports in the United States and its European allies intensify, reports have started to emerge that the U.S. Administration could be looking to persuade Saudi Arabia to pump more oil or lift some sanctions on Venezuela to help fill the gap that a Russian oil embargo would open.

On Sunday, U.S. Secretary of State Antony Blinken said that the United States and its European allies were in “very active discussions” about banning the import of Russian oil over Putin’s war in Ukraine.

Even without sanctions on Russian oil, some of the biggest U.S. importers of Russian crude oil have started suspending their purchases of the commodity.

Canada has long pitched its crude as one that is not produced in rogue government regimes such as Venezuela, Iran, or Russia, and Alberta’s top officials now say that its crude could be the answer to more supply from allied nations to the United States.

Retweeting Elon Musk’s comments that “we need to increase oil & gas output immediately,” Alberta’s Energy Minister Sonya Savage said on Saturday:

“Agreed. And it should come from Alberta, home of the 3rd largest oil reserves. Alberta is the answer to US Energy security. Real emissions reductions, reliable, right next door.”

Alberta’s Premier Jason Kenney said that he and Savage would be attending the CERAWeek conference in Houston this week, where “We will be meeting with decision-makers to secure access to markets, attract job-creating investment to our province, and argue for Canadian energy to displace Russian conflict oil.”

Kenney also said that Alberta would be delighted to welcome a visit from U.S. President Joe Biden, as one reportedly being considered to Saudi Arabia.

Kenney noted that in a visit by President Biden to Alberta “We could discuss how to ship nearly 1 million barrels of day of responsibly produced energy every day from the USA’s closest friend and ally! All it would take is his approval for Keystone XL. Easy.”

NB: Tsvetana Paraskova wrote this article for Oilprice.com

Ad

X whatsapp