B.C. to build $6.6 billion dam
VANCOUVER, BRITISH COLUMBIA - British Columbia Premier Gordon Campbell announced the government will go ahead with plans to build a $6.6 billion hydroelectric dam on the Peace River.
The 900megawatt W.A.C. Bennett Dam project near Hudsons Hope is expected to create 35,000 direct and indirect jobs by the time it is completed in 2020, The Vancouver Sun reported. It has yet to pass required environmental assessments and could face court challenges, as well, the newspaper said.
Campbell said in a release the dam will produce clean, renewable and affordable power and will ensure that British Columbia has reliable sources of clean electricity while contributing to our goal of electricity selfsufficiency.
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Starved of electricity, Lebanon picks Dubai's ENOC to swap Iraqi fuel
BEIRUT - Lebanon's energy ministry said it had picked Dubai's ENOC in a tender to swap 84,000 tonnes of Iraqi high sulphur fuel oil with 30,000 tonnes of Grade B fuel oil and 33,000 tonnes of gasoil.
ENOC won the tender, part of a deal between the two countries that allows the cash-strapped Lebanese government to pay for 1 million tonnes of Iraqi heavy fuel oil a year in goods and services.
As Lebanon suffers what the World Bank has described as one of the deepest depressions of modern history, shortages of fuel this month have meant state-powered electricity has been available…
