Montreal Refinery Closes

With word out of Montreal this week Shell is closing its 76 year old Refinery, what implications, if any, does this have on the Irving Oil Refinery in East Saint John? Spokesperson Lesley MacLeod tells CHSJ News, it is far too early know what impact there may be on the market share. It also doesn’t impact Irving Oil’s recent decision to shelve a plan for the Eider Rock second refinery and bring them back on the table right now. Shell Canada announced plans in January to close the 76-year-old refinery after unsuccessfully trying to find buyers for six months last year. The Montreal refinery processes more than 130,000 barrels of crude oil daily.