Canada Is ‘Very Serious’ About Selling Oil to Asian Markets, Harper Says

Canadian Prime Minister Stephen Harper said he is ‘very serious’ about the idea of selling the country’s oil to markets in Asia, and that Canada no longer wants to export its energy only to the United States.

“I am very serious about selling our oil off this continent, selling our energy products off to Asia,” Harper said in an interview with CTV National News broadcast last night. He said that when “senior Americans” told him U.S. lawmakers would approve TransCanada Corp. (TRP)’s Keystone XL pipeline, allowing Canada to sell all its oil to the U.S., he replied, “We’d love to, but I think the problem is now that we’re on a different track.”

Harper also said he didn’t see any likelihood of a joint air mission to Syria similar to the one deployed over Libya, as he didn’t think the United Nations Security Council would authorize it, even amid growing economic and political pressure on Syrian President Bashar al-Assad to end the suppression of protests that began in March.

“What really made the Libya mission possible was ultimately a Security Council resolution that had authorized a series of actions,” Harper said. “I don’t see that taking place here. I don’t see the willingness of our allies to act militarily without such a resolution,” he said.

To contact the reporter on this story: Andrew Mayeda in Ottawa at amayeda@bloomberg.net

To contact the editor responsible for this story: Chris Wellisz at cwellisz@bloomberg.net

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