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Thursday, August 1, 2013

NEW: Pipeline Coming To SJ

CHSJ News has learned Trans Canada, the Calgary based pipeline company, is expected to officially announce this afternoon it plans to move ahead with extending an oil pipeline from Quebec to the Irving Oil refinery. The company will still need to get regulatory approval but its timeline calls for the pipeline extension to be completed in 2018.

CHSJ News also has received a response from Atlantic Potash to concern that a 25 per cent plunge in the price of potash might derail plans to build a fertiliser plant in the south end in 2017. Keith Attoe of Atlantic Potash telling us regardless of what's happening with pricing, the plans to build in Saint John have not changed and more information is expected next week.