Canada’s plan to help offset Russian oil ban for Europe expected by March 23: minister - National | Globalnews.ca

Canada’s plan to help offset Russian oil ban for Europe expected by March 23: minister

Natural Resources Minister Jonathan Wilkinson says it will be another week or two before Canada will know with certainty how much extra oil it can produce and ship to help offset bans on the use of fossil fuels from Russia.

Russia-Ukraine conflict: Trudeau says Canada doesn’t have oil and gas infrastructure to replace Russia’s exports to Europe But even as the world’s fourth largest oil producer, Canada’s role in solving Europe’s immediate fossil fuel needs is going to be limited. Canada exports about 3.6 million barrels of oil a day, but 97 per cent of it goes to the United States.Environment Minister Steven Guilbeault estimated this week Canada might be able to increase output by 200,000 barrels a day.

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