ExxonMobil’s Imperial Oil to start up Canada fuel depot this year
01 August 2013 15:57 [Source: ICIS news]
TORONTO (ICIS)--ExxonMobil’s Canadian Imperial Oil affiliate expects to begin operating its fuel depot at ?xml:namespace>Dartmouth in Canada’s eastern Nova Scotia province later this year, the global oil major said on Thursday.By: Stefan Baumgarten+1 713 525 2653
Imperial Oil is converting its refining site at Dartmouth into a depot after failing to find a buyer for its 88,000 bbl/day refinery there.
Imperial said that the closure of the Dartmouth refinery and the site’s conversion into a fuel depot would improve the competitiveness of its downstream business.
Imperial still has two refineries in Ontario and one in Alberta. It also has petrochemical operations in Sarnia, Ontario.
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