One of the largest refineries on Earth.

In the race to move energy off Canada’s West Coast, David Black hasn’t garnered much attention. The soft-spoken newspaper magnate is, after all, an outsider, a man with a giant dream to build a refinery near Kitimat, B.C., but pockets too small to make it happen.

Now Mr. Black says he is a month away from signing an early agreement toward a staggering $25-billion in debt financing to build pipelines, supertankers and one of the largest refineries on Earth.

“We hope to sign this within the next 30 days. We haven’t signed it yet,” the founder of Victoria-based Black Press Ltd. said Wednesday. “It is a memorandum of understanding that is fairly broad, and we’ll be negotiating the details down the road.which is typically the way these things are done.

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