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Friday, August 2, 2013

Talk Of Expanding Oil Refinery Is Premature

One big question over the pipeline announcement is how much of the 1.1 million barrels of Alberta crude a day will actually be processed at the Irving Oil refinery. 

Irving President Paul Browning concedes the refinery can't handle all that without an expansion. It has the capacity, at the moment, to process 300 thousand barrels a day
 

Browning says its way too early to talking about any upgrade or expansion of the refinery because the pipeline itself won't be completed for another five years.