Canada’s largest refinery purchases more local crude oil - Chinese

WEB - Van People - Vancouver, 05/05/2020 - ARTICLE, Chinese

Image Source: Van People website 

Summary Translation: Canadian Business Circle - Canadian-based company Irving Oil has said that it will accept more crude oil from western Canada starting this summer, and will transport it through the Panama Canal to the oil refinery in New Brunswick. Irving Oil, established in New Brunswick in 1924, is the largest refinery operator in Canada, and its refinery in Saint John, NB, is Canada ’s largest refinery, which can extract 320,000 barrels of oil per day. The Irving Oil refinery last month applied to the Canadian Transport Agency (CTA) for the use of foreign tankers to increase the transport of domestic crude oil from Newfoundland and Western Canada. Last Friday, company officials confirmed that the application has been approved by the regulatory authorities and are currently reviewing the details of the federal procedures. Alberta Energy Minister Sonya Savage said on Friday that she was pleased that Irving Oil would start using more crude oil from Western Canada, but unfortunately Irving Oil was forced to use a complicated offshore route to transport crude oil. The proposed Energy East Pipeline will provide a safe and fast route. The Energy East Pipeline is a 4,500-kilometer oil pipeline that can deliver 1.1 million barrels of crude oil every day from Alberta and Saskatoon to the refineries in eastern Canada.