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.”
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