VANCOUVER, Wash.--(BUSINESS WIRE)--Vancouver Energy is offering significant changes including staking its proposed Port of Vancouver USA facility throughput growth on safety performance of the terminal and its rail and marine partners.
“We heard the concerns about safety and environmental protection raised through the Energy Facility Site Evaluation Council (EFSEC) process. We are proposing being judged by our actual performance. We offered to begin operations at 50 percent of the optimal throughput, and significantly, only allowing this throughput to increase after demonstrating the facility operates safely,” said Vancouver Energy General Manager Jared Larrabee.
Vancouver Energy made a number of substantial commitments, above and beyond regulatory requirements, to help enhance safety and improve the performance of the crude-by-rail terminal. These commitments were included in an updated application submitted to EFSEC on October 6, 2016. Measures include a marine tug escort for all loaded vessels from the terminal, rail cars meeting or exceeding DOT-117 standards, commitments to supply Washington state refiners, supporting the Department of Ecology to apply the barrel tax to crude-by-rail terminals, financial assurances, and emergency response training exercises for area responders. A full list of the new safety measures announced by Vancouver Energy is provided on Vancouver Energy’s website.
“Our revised application and related mitigations demonstrate our commitment to safety and environmental performance, not only at the terminal, but also along the rail and marine routes to and from the facility,” said Larrabee. “We are confident we will operate the terminal safely and responsibly before moving to a higher throughput level to serve the energy needs of the state and region.”
Under the revised application, the terminal’s throughput could increase over two periods to the original proposed amount, subject to public safety or environmental performance.
Vancouver Energy will bring North American crude oil to refineries in Washington and the West Coast, which is critical to American energy independence. The state’s manufacturing, consumer goods, trade, agriculture and aerospace industries will not be able to function without abundant petroleum fuels at a reasonable cost.
Vancouver Energy is a joint venture between Tesoro Refining & Marketing Company LLC and Savage Companies. The proposed Vancouver Energy terminal will serve a basic and important function: the safe transfer of North American crude oil from rail to ship. The project has the potential to displace up to 30 percent of the crude oil currently imported from foreign countries for use on the West Coast and to further our efforts toward energy security and independence. For more information, visit www.vancouverenergyusa.com.