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Parkland Fuel Corp(PKI-T)

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Parkland refinery ramps up processing following restart of Trans Mountain pipeline

Canadian Press - Wed Dec 15, 2021
An oil refinery is seen on the shores of Burrard Inlet in Burnaby, B.C. Tuesday, May 20, 2008. THE CANADIAN PRESS/Jonathan Hayward

CALGARY — Parkland Corp. says it is ramping up processing at its B.C. refinery following the restart of the Trans Mountain pipeline.

Calgary-based Parkland paused processing operations at its Burnaby refinery from Nov. 22 to Dec. 10 due to a lack of crude oil supply from the Trans Mountain pipeline.

The pipeline was shut down for three weeks as a precaution due to flooding and extreme weather in B.C.

The Trans Mountain pipeline typically carries about 300,000 barrels of oil per day between Alberta and B.C.

During its pause in operations, the Parkland refinery imported fuel from other locations and transported it by truck and barge to its retail and commercial customers.

The Burnaby refinery is a key supplier of gasoline to the Vancouver area.

This report by The Canadian Press was first published Dec. 15, 2021.

Companies in this story: (TSX:PKI)