Smith’s announcement gets worse every day:
“There is NO deep water terminal at Vancouver.
The deep water oil tankers exceed the limits of the Vancouver terminal.
It would need to be built before the volume of oil of two lines could be exported.
Carney knows this.
The ships that will haul the oil are too large for Vancouver.
They need a deep water port and Vancouver is not a deep water port.
Ref. https://www.transmountain.com/westridge-marine-terminal
“Westridge Marine Terminal is Trans Mountain’s designated Class 4 Oil Handling Facility located in the Port of Vancouver, servicing crude oil exports to global destinations and jet fuel deliveries to Vancouver International Airport.
The terminal can export up to 630,000 bpd of western Canadian crude on Aframax-size tankers that can access to ports with 12-15 meter draft restrictions.
The world would be sending VLCCs that are the primary vessels for long-haul crude oil transport, particularly on routes from the Persian Gulf to Asia or North America.
Due to their size, they require deep-water terminals or offshore Single Point Mooring (SPM) buoys for loading and discharge, as most standard ports cannot accommodate their draft.