Alberta Crude Reaches NB Refinery After 12,000 km Journey
07.20.2020 By Greta Talmaci - NEWS

July 20, 2020 [Western Standard] – Cenovus announced Canada Day is first shipment had been loaded onto tanker Cabo de Hornos in the Trans Mountain loading area in Burnaby, and was on its way to the Irving refinery.

Alberta’s first shipment of crude has reached the refinery in New Brunswick, after a circuitous journey of nearly 12,000 km.

Cenovus announced Canada Day is first shipment had been loaded onto tanker Cabo de Hornos in the Trans Mountain loading area in Burnaby, and was on its way to the Irving refinery.

But instead of flowing along an Energy East pipeline which was kiboshed, the oil was sailed down the Western seaboard, through the Panama Canal, and up the Eastern Seaboard to New Brunswick, a distance of 11,900 km.

“We were pleased with the economics of this transaction and excited to work with another strong Canadian company like Irving Oil,” said Keith Chiasson, Cenovus Energy Executive Vice-President, Downstream, in a statement when the ship left Burnaby.

“This is a one-off shipment for now, but we think there’s tremendous potential for more oil from Western Canada to make its way east, expanding our customer base here at home. It’s truly a Canadian success story.”

————-

Click Here to Access Today a 5,550 Tank Terminal Database With a Pro Trial
5,550 terminals as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

India's First Methanol Plant to be Set up in Telangana
11.21.2024 - NEWS
November 21, 2024 [Chem Analyst]- In a groundbreaking initiative, India is set to get its first m... Read More
Egypt in Talks with Foreign Companies Over Long-Term LNG Purchases, Sources Say
11.21.2024 - NEWS
November 21, 2024 [Reuters]- Egypt is in talks with U.S. and other foreign companies to purchase ... Read More
INEOS and GNFC Sign a Memorandum of Understanding to Build a New World Scale Acetic Acid Unit in India
11.21.2024 - NEWS
November 21, 2024 [INEOS]- INEOS Acetyls and Gujarat Narmada Valley Fertilizers & Chemicals L... Read More
Peru's State Oil Firm Could Open to Private Investors in 2025, Chairman says
11.21.2024 - NEWS
November 21, 2024 [Reuters]- Peru’s indebted state-run oil firm could consider offering a ... Read More