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Industry committee  The first question you have is about permitting?

July 20th, 2010Committee meeting

Christian Houle

Industry committee  There's no one answer; it's a matrix of different bodies of government--Quebec, Ville de Montréal. Different people need different permits. We need permits, for example, to put in a new pumping station, an electrical substation. I need a permit to change the service of the tanks

July 20th, 2010Committee meeting

Christian Houle

Industry committee  Yes, and I will be forced to probably say the same answer, that the information is considered sensitive competitive information, so I cannot disclose. I can only say the big-ticket items of this conversion, the soil remediation project, severance packages, all those things from t

July 20th, 2010Committee meeting

Christian Houle

Industry committee  If I take quickly the top three, let's say, the gasoline hydrotreater will not be used; it will probably be sold to somebody in the world. That's what we're going to try to do. The distillate hydrotreater is considered almost brand-new and will be sold most likely to somebody in

July 20th, 2010Committee meeting

Christian Houle

Industry committee  Mr. Chair, the refinery has 20 to 30 units. So there are always some that are not in use. As part of our strategic study, of course, decisions were made from the point of view of safety. By that I mean Shell's variance formulae and technical inspection staff. Some decisions were

July 20th, 2010Committee meeting

Christian Houle

Industry committee  I am going to let Mr. Oblath answer that question, Mr. Chair.

July 20th, 2010Committee meeting

Christian Houle

Industry committee  To make it simple, most of the imports we're going to do will be gasoline, about 65% of the volume we're going to import. Europe is very long on gasoline, and our own refineries in Europe are long on gasoline, so the volume will be fairly easy to buy, even on the spot market, to

July 20th, 2010Committee meeting

Christian Houle

Industry committee  Mr. Chair, I am sure that you understand that that is sensitive information in competition terms. I cannot reveal the full and exact cost of all the components. But I can say that there are costs associated with what are called employee severance payments. Several million dollars

July 20th, 2010Committee meeting

Christian Houle

Industry committee  Mr. Chair, I think it's a question that I will pass to Mr. Oblath to answer.

July 20th, 2010Committee meeting

Christian Houle

Industry committee  I would say that in the last four or five years the major investments have been into new gasoline hydrotreaters for the new legislation on sulphur in gasoline, and also a new distillate hydrotreater, which is about $300 million, to remove the sulphur in the diesel. Also, we inves

July 20th, 2010Committee meeting

Christian Houle

Industry committee  The process units will start to shut down on September 13, and that will continue until about October 9. It takes several weeks to decontaminate the units. That may take until the end of October or November. In terms of sales of crude, you have to go back in time by 30, 45 or ev

July 20th, 2010Committee meeting

Christian Houle

Industry committee  As regards the conversion—the mechanics of it, in other words—we will be modifying our dock at the Montreal refinery and making offloading docks faster, in order to increase our offloading capacity. We will also be changing the piping and increasing the process safety of certain

July 20th, 2010Committee meeting

Christian Houle

Industry committee  I was not done, Mr. Chair; let me finish. There are multiple components. You have the total sales, just to make a simple picture, of what we do today, and the data would be made of multiple sources. One of the sources is cutting the exportation, which will be reduced to zero, p

July 20th, 2010Committee meeting

Christian Houle

Industry committee  There isn't a yes or no answer. A process is currently underway. Firm agreements have been signed and others are about to be signed. There is no simple yes or no answer. In terms of supply, we will ensure that our clients receive quality products, just like the ones they are rece

July 20th, 2010Committee meeting

Christian Houle

Industry committee  We began working on this when the official announcement was made on January 7, 2010. This followed a rather extensive process to find a buyer for Shell. Once we realized that no formal offer had come our way, we began right away putting together this kind of process in cooperatio

July 20th, 2010Committee meeting

Christian Houle