VANCOUVER, British Columbia & OTTAWA, Ontario & NEW DELHI & MUMBAI, India--(BUSINESS WIRE)--The Prime Minister of Canada, Hon. Justin Trudeau will meet his counterpart, Indian Prime Minister Hon. Narinder Modi, over four days with a group of Canadian and Indian business leaders on February 20–23, 2018 in Mumbai and New Delhi, India.
Canada is landlocked and unable to ship and sell its energy products to any country except USA. In fact, Canada has been the second largest importer of US crude oil during the past 9 months. USA is producing as much crude oil as Saudi Arabia (10.3 million plus barrels of crude oil per day, currently) and exporting LNG, LPG, crude oil and refined petroleum products (such as diesel and gasoline) globally, including Asia.
In the meantime, most of the Canadian projects, though they have questionable economics of financial returns, have been shelved – for LNG productions, Crude Oil and Natural Gas Pipelines – thereby, no export to Asia and other countries, except the projects promoted by Kitsault Energy (www.kitsaultenergy.com).
India imports 90% of its crude oil and the majority of its natural gas, LPG and LNG annually.
Kitsault Energy is working to solve the challenges of both India and Canada by exporting a range of Canadian Energy Products (in fact, all of Canada’s available for export) from a dedicated Energy Corridor, Port and Terminal from Kitsault, BC – as this is the least expensive, most environmentally sound, and with the least number of First Nations along the Pipeline Route. (KE is working with the First Nations to build their local economy, help with housing, healthcare, education, training and job creation.)
Both TransCanada and Enbridge/Spectra have secured many of the necessary approvals for a dedicated Energy Corridor of multiple pipelines from the energy-rich NE BC and NW Alberta, to or via Kitsault, to the Tidewater on the NW BC.
KE has many interested parties for Canada’s energy products and investments in pipeline and other infrastructures, including production plants for methanol and LNG.
Mr. Suthanthiran has travelled to Asia several times over the past few years and is “...excited to present this solution to the Prime Ministers of Canada and India to solve both countries’ energy challenges and the huge pollution problems in India.”
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