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Thursday, August 4, 2011

No Construction Starts Despite Approvals For Proposed Marine Terminal

The proposal has now cleared both federal and provincial environmental approvals -- but -- Irving Oil says it doesn't have any plans to move forward with its Eider Rock marine terminal at this time.


The terminal - road - and - associated pipeline were originally part of the proposed second refinery that was shelved two years ago.

Provincial approval was given earlier this year while federal approval came last month.

Irving Oil says the projects have a long term value for the existing refinery -- but -- nothing is scheduled related to the approvals.