Oil Exporting Terminal News

On July 20, the tanker Cabo de Hornos delivered an estimated 450,000 barrels of crude oil to the Irving Oil refinery’s Canaport storage facilities in Saint John, N.B.What made Cabo de Hornos’s delivery different was that it was the first time crude oil had arrived in Saint John by ship from Alberta. It came via the Trans Mountain pipeline to the Westbridge Marine Terminal in Burnaby, B.C., and then through the Panama Canal.By the end of April next year, a second tanker will arrive at Canaport carrying 350,000 to one million barrels of Western Canadian crude oil. In this case, the oil will have come via pipeline from Alberta to a crude oil exporting terminal in Texas or Louisiana.For most of the Saint John refinery’s 50 years of operation…

Reuters reported that an oil tanker burst into flames at Nigeria's Port Harcourt on Friday after two loud explosions were heard, oil industry sources said. The tanker was berthed in a general cargo area, not at an oil exporting terminal, and crude exports from the world's eighth largest oil exporter were not affected, the sources said. Port Harcourt is several miles from Nigeria's largest oil and gas export complex on Bonny Island. Source: Reuters