Better get ready to hide Jason Kenney because they'll be coming for you

Alberta bitumen will likely be a big loser, because it contains on average some 11 times more sulphur than conventional crude, and results in a high ratio of low-grade Bunker C when refined. As of 2020, according to industry reports, U.S. refinery purchases of diluted bitumen for ship fuel will begin slowing to an eventual trickle, Europe will buy none because it has the wrong refinery profile, and Asian refiners will dedicate new refineries to produce low-sulphur diesel for ship fuel.

EXCLUSIVE: NEW SHIP FUEL RULES COULD SINK TAR SANDS/OIL SANDS EXPANSION

The law of unintended consequences may soon cause serious collateral damage to Alberta’s tar sands/oil sands ambitions, and the planned Trans Mountain and Keystone XL pipelines.

The United Nations International Maritime Organization (IMO) recently approved new, much stiffer fuel standardsfor the 50,000 ocean-going vessels which currently burn low-grade, high-sulphur oil. Known as Bunker C, it is cheap and dirty. An estimated four million barrels per day are burned in all manner of merchant ships, including oil tankers. The related greenhouse gas emissions roughly equal those from all sources in Germany.

Link https://theenergymix.com/2018/05/24/exclusive-new-ship-fuel-rules-could-sink-tar-sands-oil-sands-expansion/?fbclid=IwAR0Y2mLSX0Y3gfELeHxMzDArnS562zzIODcVS0dFxKSUyBNSZYAZseJYTXQ