Mr. Speaker, those matters are presently under negotiation between Petro-Canada and Petroleos de Venezuela. The hon. member knows that a supplier refinery in Canada would want to specify certain terms and conditions in any commercial contract. It is anticipated that Petro-Canada will be supplying other than the Imperial refineries in Canada. Indeed, it has been made quite clear quite recently that the Golden Eagle refinery near Quebec City is likely to be a potential customer for Venezuelan crude handled through Petro-Canada.
Topic: ORAL QUESTION PERIOD
Subtopic: REPORTED DIVERSION TO UNITED STATES OF OIL DESTINED FOR CANADA
I made my position very dear, that this amendment was not needed. I believe the hon. member for Calgary Centre quoted from some of my comments at the committee indicating why I did not believe this amendment is needed at this time. I believe that if hon. members would look at the record and consider the facts, they would realize that the government now has the power to use Petro-Canada in an importing way through the Petro-Canada Act, if it is needed.
I listened very carefully to the remarks of the New Democratic Party member to find out whether he was arguing that this particular amendment was essential to give government the power to have or cause Petro-Canada to move into an importing situation. That has not been the argument of the New Democratic Party. The argument of the proposer of the amendment was that this would feature or advertise an option, or words to that effect. We do not have to put into legislation words which would feature or advertise an option Canada has when we have already that power in existing legislation.
Topic: GOVERNMENT ORDERS
Subtopic: ENERGY SUPPLIES EMERGENCY ACT, 1979 MEASURE TO CONSERVE STOCKS