(March 1, 2022) – Lloyd Parrott, PC Official Opposition Shadow Minister for Industry, Energy, and Technology and MHA for Terra Nova, is repeating his plea for Liberal support of the Bay du Nord program, noting that the world needs the stable, ethical oil which Canada can provide, through our industry, now more than ever.

“It has been over two weeks since the division in the Federal Liberal Cabinet over the Bay du Nord project became known and sent shockwaves through our industry and our province,” said Parrott.

“While the Premier and Federal Minister O’Regan likes to downplay the anti-oil Liberal stance and wants Newfoundlanders and Labradorians to look the other way, our Party will keep attention on the benefits which Bay du Nord can provide not only our province but the world.”

Parrot says there is a global need for stable, ethical, Canadian oil.

“The world continues to need oil. That is a fact. It is also a fact that the oil produced in the Newfoundland and Labrador offshore is politically stable, ethical oil compared to product produced elsewhere in the world. The recent and terrible events that are unfolding in Eastern Europe demonstrate the need for a secure oil supply which Newfoundland and Labrador can help provide,” added Parrott.

“The Bay du Nord development is located 500km offshore and in 1,200 meter deep water. Because Equinor is striving to make this project Canada’s lowest emitting oil project, this deep-water development has the potential to be a world class facility. The Liberals should be championing this project nationally and globally, not debating about how to cancel it,” said Parrott.

“Where is the Liberal support for Stable, Ethical, Canadian Oil?” asked Parrott.

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Contacts:

David Maher

Director of Strategic Communications

(cell) 709-725-0984

DavidMaher@gov.nl.ca