Ottawa, industry celebrate as oilsands victory in EU made official
Outcome shows Canada is respected globally as a responsible energy supplier: minister
The European Union will now officially treat oilsands crude the same as oil from elsewhere in the world.
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Oilsands exporters won a narrow victory in the European Parliament vote in December, which on Friday was accepted without amendments.
The original fuel quality directive singled out oilsands crude as more carbon intensive than other types and was the target of a well-funded lobbying campaign for more than two years.
Federal Natural Resources Minister Greg Rickford says the outcome shows Canada is respected globally as a responsible energy supplier.
Tim McMillan, president of the Canadian Association of Petroleum Producers, says the directive means the oilsands won't be discriminated against in Europe — a potential new export market.
TransCanada Corp. is proposing to build a pipeline, called Energy East, that would pipe more than a million barrels a day across Canada to the East Coast, enabling tanker shipments across the Atlantic.