It is the first new refinery built in Canada in the last 34 years, and I expect at that price, nobody is going to be interested in building another one any time soon. You can build a new refinery in China or India for about half that cost. The Irving Refinery in Saint John, New Brunswick is the largest refinery in Canada, and exports considerable volumes of RPPs to the U.S. The Irving refinery is unique compared with other refineries because it is a family-owned operation with no crude oil production, and a refining and marketing arm. The Saint John refinery, located in Saint John city of New Brunswick province, is Canada’s biggest oil refinery with a capacity to produce around 300,000 barrels of refined products per day (bopd). The refinery is owned and operated by Irving Oil and produces a wide range of products including gasoline, diesel, heating oil, jet fuel, […]