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

UAE Invests Billions in AI to Diversify Economy Beyond Oil
11.13.2024 - NEWS
November 13, 2024 [Oil Price]- The United Arab Emirates’ state-owned energy giant Abu Dhabi Nat... Read More
Gulf Energy Transition: Assessing Saudi and Emirati Goals
11.13.2024 - NEWS
November 13, 2024 [The Washington Institute]- On October 29, during Saudi Arabia’s annual Futur... Read More
How will The Energy Sector Fare Under Donald Trump?
11.13.2024 - NEWS
November 13, 2024 [Investing Daily]- The energy sector experienced a notable boost following Dona... Read More
PNOC, Pertamina Partner on LNG Infrastructure, Supply Chain
11.13.2024 - NEWS
November 13, 2024 [Manila Bulletin]- State-run Philippine National Oil Company (PNOC) has signed ... Read More