More good News from the Rock- Keep it coming
A proposed second oil refinery in Placentia Bay Newfoundland has met the requirements of the Environmental Protection Act and statement guidelines, and no further work is required.
Minister Charlene Johnson announced Thursday that an amended environmental impact statement meets the requirements The Newfoundland and Labrador Refining Corp., which has agreements with SNC-Lavalin and IJK Consortium of Japan for development, wants to build the refinery at Southern Head.
It’s expected it will process 300,000 barrels of heavy sour crude per day, starting in 2011. The project is expected to cost US$4.6 billion.