A “stalled and collapsing pipeline project” valued at a cool C$9 billion is listing in as-is condition on the Craigslist Ottawa page, with the Prime Minister’s Office at 80 Wellington St. cited as the contact address.
The 36”-diameter, 980-kilometre-long pipeline is listed in salvage condition, and the vendor is said to be willing to accept payment in cryptocurrency. (Because, hey, why not?)
Like this story? Subscribe to The Energy Mix and never miss an edition of our free e-digest.
There’s no indication on the page of who (presumably) posted the sales offer on the PMO’s behalf.
“For sale: One pipeline project, in fair condition. Comes with federal approval. (Subject to 15 legal challenges, but it’ll be fine.) Also comes with a vintage 1950s pipeline,” the listing states.
“The vintage pipeline is a handyman’s dream project. It has been in place since the 1950s and has only had around 70 spills—a great fixer upper.
“Nestled in a cozy right of way, with mountain, river, and ocean views, and through prime agricultural and dense residential real estate in Vancouver’s red-hot housing market! Close to schools, day cares, and community centres. (The neighbours can be a little loud, but we find it’s easiest just to ignore them.)
“Buyers must be prepared to hold $500M in cash for oil spill liability, which we think is such a low likelihood that we haven’t even done any modelling.
“Asking $9B (CAD) OBO. Ask for Justin.”
(h/t to The Energy Mix subscriber and Below2C co-publisher Ken Johnson for pointing us to this story)