Irving Oil Reactivates Halifax Harbor Terminal with $80 Million Investment
Irving Oil announced the grand opening of its reactivated Halifax Harbor Terminal, in Dartmouth, Nova Scotia. The $80 million reactivation project involved investment in existing assets on site, including storage facilities, loading equipment, jetty, and supporting infrastructure. The terminal was operated in the Dartmouth community for nearly 50 years until its deactivation in 2002. In April 2015, Irving Oil announced it would reactivate the facility, enabling the storage and distribution of gasoline, diesel, home heating oil, marine transportation fuel, and jet fuel for customers throughout Nova Scotia.
“This is a great day for our company. We’re committed to remaining competitive and firmly established here in Atlantic Canada by investing in our business, our people and our communities,” Ian Whitcomb, president of Irving Oil, said in a statement.
“I’m very pleased to see this Maritime company creating new jobs and re-investing in Nova Scotia,” said Energy Minister Michel Samson. “This project will give a boost to our economy while making our gasoline and fuel oil supply more reliable.”
“Market conditions have changed a lot over the last several years in Nova Scotia and our investment reflects our confidence in, and commitment to, Nova Scotia as we continue to ensure a secure and reliable energy supply for the province,” Mark Sherman, vice president and chief operating officer, said in a statement issued Oct. 20 by Irving Oil.
The Halifax Harbor Terminal was a 100% privately funded project by Irving Oil, creating 200 construction jobs over 18 months. Also in Nova Scotia, Irving Oil is investing in its retail network, recently refurbishing its Enfield Big Stop and opening the Silver Dart, a new retail site at the Halifax International Airport. These investments complement other significant capital projects currently underway by Irving Oil, including an annual turnaround and construction of a new home office in Saint John, N.B., an enhanced marine terminal in St. John’s, NL, and the recently acquired Whitegate refinery in Cork, Ireland.