WASHINGTON–(BUSINESS WIRE)–#KitsaultEnergy–In the Financial Post’s recent article about Kitsault Energy, Krishnan Suthanthiran, President/Founder of Kitsault EnergyWASHINGTON–(BUSINESS WIRE)–#KitsaultEnergy–In the Financial Post’s recent article about Kitsault Energy, Krishnan Suthanthiran, President/Founder of Kitsault Energy

A Smart Win for Canada, Alberta, and First Nations—the Kitsault Energy Project

Okuma süresi: 3 dk

WASHINGTON–(BUSINESS WIRE)–#KitsaultEnergy–In the Financial Post’s recent article about Kitsault Energy, Krishnan Suthanthiran, President/Founder of Kitsault Energy (KE), outlines his vision for a dual-pipeline project that would support Canada’s economic growth—including the provinces of Alberta, British Columbia, Saskatchewan, and First Nations along the KE pipeline route. All would see significant benefits from investments in Kitsault’s project totaling tens of billions of dollars—gaining tax revenue, creating jobs, and supporting job training.

It has cost the federal government of Canada nearly $40 million to add an additional 500,000 to 600,000 barrels of crude oil to the existing Trans Mountain pipeline and ship about 900,000 barrels of crude oil daily from Vancouver Airport. This expansion and the old pipeline traverse the entire province of B.C. and total nearly 1,500 km in length. The KE project is a smart option: a 700-750 km pipeline costing $40 billion, including a dual pipeline, a dedicated port, a terminal, and a floating butanol manufacturing plant at Observatory Inlet. A new pipeline through KE could have been a more strategic choice than expanding the Trans Mountain Pipeline.

Currently, LNG Canada and Alaskan LNG have plans to expand production/shipping to more than 40 million tons of LNG/year, making it unclear whether new Canadian projects to produce and ship LNG would be viable from a private business perspective. For that reason, the KE project focuses on dual pipelines using the old Spectra permits to construct one for crude oil and another for natural gas, which would be used to produce butanol, a much less expensive proposition and urgently needed in countries like India.

As Canada and Alberta plan to expand energy exports to Asia to reduce dependence on the U.S., the KE project makes both financial and economic sense and is a good option for preserving Canada’s important role as a major, reliable energy exporter. The KE project has the potential to generate billions in additional revenue for Canada, its provinces, and First Nations along the pipeline route, and to create thousands of high-paying jobs.

KE, in partnership with TeamBest Global companies and the Best Cure Foundation of Canada, plans to establish additional housing; proactive, preventive, primary, medical, dental, and eye care wellness centers; job training and jobs for First Nations communities along the pipeline route; and to improve purified drinking water and sewer systems.

KE has approached the previous leaders of the Canadian federal and provincial governments over the past 13 years, with no response. However, Suthanthiran will meet with Alberta’s Energy Minister and staff in mid-February to emphasize the importance, viability, and need for quick project initiation and completion, with full support from provincial and Canadian governments, as Asian customers are eager to sign purchase contracts.

For more information about Kitsault Energy, please visit:

http://www.teambest.com/news/Kitsault_Energy_2026_brochure.pdf, http://www.teambest.com/press/Open_Letter_PM_Carney_KE_Strategic_Hub.pdf, or www.kitsaultenergy.com.

For more information about Krishnan Suthanthiran, please visit: http://www.teambest.com/press/Krishnan_Suthanthiran_2026_Bio.pdf.

Contacts

Krishnan Suthanthiran, Global Cell/WhatsApp +1 571-437-9802, [email protected]

Piyasa Fırsatı
Smart Blockchain Logosu
Smart Blockchain Fiyatı(SMART)
$0.003918
$0.003918$0.003918
-5.29%
USD
Smart Blockchain (SMART) Canlı Fiyat Grafiği
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen [email protected] ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

“Vibes Should Match Substance”: Vitalik on Fake Ethereum Connections

“Vibes Should Match Substance”: Vitalik on Fake Ethereum Connections

Vitalik Buterin criticized L2s that use optimistic bridges without adding meaningful technical innovation. Ethereum’s base layer is scaling, reducing the need for
Paylaş
LiveBitcoinNews2026/02/06 11:30
Why Bitcoin Crashed Below $69,000 — Causes & Outlook

Why Bitcoin Crashed Below $69,000 — Causes & Outlook

Cryptsy - Latest Cryptocurrency News and Predictions Cryptsy - Latest Cryptocurrency News and Predictions - Experts in Crypto Casinos Bitcoin crash explained:
Paylaş
Cryptsy2026/02/06 11:20
CME Group to launch options on XRP and SOL futures

CME Group to launch options on XRP and SOL futures

The post CME Group to launch options on XRP and SOL futures appeared on BitcoinEthereumNews.com. CME Group will offer options based on the derivative markets on Solana (SOL) and XRP. The new markets will open on October 13, after regulatory approval.  CME Group will expand its crypto products with options on the futures markets of Solana (SOL) and XRP. The futures market will start on October 13, after regulatory review and approval.  The options will allow the trading of MicroSol, XRP, and MicroXRP futures, with expiry dates available every business day, monthly, and quarterly. The new products will be added to the existing BTC and ETH options markets. ‘The launch of these options contracts builds on the significant growth and increasing liquidity we have seen across our suite of Solana and XRP futures,’ said Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products. The options contracts will have two main sizes, tracking the futures contracts. The new market will be suitable for sophisticated institutional traders, as well as active individual traders. The addition of options markets singles out XRP and SOL as liquid enough to offer the potential to bet on a market direction.  The options on futures arrive a few months after the launch of SOL futures. Both SOL and XRP had peak volumes in August, though XRP activity has slowed down in September. XRP and SOL options to tap both institutions and active traders Crypto options are one of the indicators of market attitudes, with XRP and SOL receiving a new way to gauge sentiment. The contracts will be supported by the Cumberland team.  ‘As one of the biggest liquidity providers in the ecosystem, the Cumberland team is excited to support CME Group’s continued expansion of crypto offerings,’ said Roman Makarov, Head of Cumberland Options Trading at DRW. ‘The launch of options on Solana and XRP futures is the latest example of the…
Paylaş
BitcoinEthereumNews2025/09/18 00:56