The subsidiary of the Municipal Group of Companies told the province the project will employ 50 people during construction and 12 full time after completion.

“I am satisfied that any adverse effects or significant environmental effects of the undertaking can be adequately mitigated,” Environment Minister Sterling Belliveau said in a written decision released Friday.

The first phase of the plant should be done by the fall, Simon Pianarosa of General Liquids said Friday.

He’s hoping the entire project will be completed by the summer of 2011.

“It gives us that flexibility of meeting the peaks of construction season,” Pianarosa said.

“Where we’ve had limited supply in some years, this helps us to meet those peak demands.”

The approval comes with a set of terms and conditions General Liquids must follow. Those include submitting a site plan before construction that shows containment features, environmental controls and discharge points.

The company has to implement an inspection program for tanks, pipelines and systems at the plant. And “all loading and unloading areas shall be constructed in a manner that directs runoff to an oil-water separator.”

Before the plant starts operating, General Liquids must give the province its plans to control odours at the site.

It must also monitor surface and groundwater in the area and submit a storm water management plan to the province.

The company has to come up with “a complaint resolution program to address public concerns associated with the undertaking,” according to the terms and conditions accompanying the approval.

General Liquids must also give the province a contingency plan “for accidents, emergencies and malfunctions” at the plant.

The storage terminal would handle asphalt cement (bitumen) used in the road-building industry. General Liquids has cited increasing demand for paving projects in the Atlantic region as the reason the company needs its own storage facility to meet requirements and reduce costs.