Port of Vancouver jockeys for oil transfer terminal

first_imgThe Port of Vancouver Board of Commissioners will convene two public workshops this coming week as it continues to examine a proposed crude-oil facility.Both discussions will occur after the board’s regular public meeting, to be held 9:30 a.m. Thursday at 3103 N.W. Lower River Road.The first workshop will focus on the state Energy Facility Site Evaluation Council’s role in the process.The other will feature a presentation by Tesoro Corp. and Savage Companies.A distant U.S. oil boom is creating an opportunity for the Port of Vancouver to fill its expanding rail tracks, pump up revenues and create jobs.But the opportunity, in the form of a crude oil transfer terminal, comes with risks to the environment. And, for the first time, the final go-ahead would have to come from Washington’s governor instead of the port’s Board of Commissioners.The plan offered by Tesoro Corp. and Savage Companies is designed to initially handle 120,000 barrels of oil per day with the potential to expand to 280,000 barrels. Under a regulatory framework stretching to 1970, the companies must secure final approval from Democratic Gov. Jay Inslee.The governor recently signed a bill into law that will produce recommendations for reducing carbon emissions — triggered by the burning of fossil fuels such as oil and coal — to fight global warming. Nevertheless, port managers hope the project wins Inslee’s favor. They are laying the groundwork to move it ahead, including crafting terms of a lease agreement they hope to recommend to the port’s three elected commissioners by July 23.last_img

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