New Marine Terminal To Be Built For Western Oil

Irving Oil says it plans to build a $300 million marine terminal following the announcement from Trans Canada to proceed with its Energy East Pipeline project estimated to cost about 12 billion dollars.
 
Irving says the Canaport Energy East Marine Terminal would handle the 1.1 million barrels of crude oil flowing from western Canada through the pipeline each day and export it to world markets.
 
Engineering and design work would begin in 2015.
 
The pipeline project, itself, still requires regulatory approval.