We are currently constructing Phase One of the first greenfield refinery in Canada since 1984.
Regulatory approvals are in place for three identical phases with a total throughput of about 240,000 barrels per day of bitumen blend feedstock. Once Phase One is complete by 2018, it will have the capacity to make approximately 80,000 barrels per day of high-value, high-demand products that will meet local demand but also access world markets.
We are committed to maximizing the value of bitumen by making products with strong world market demand. Because of carbon capture our diesel will meet low-carbon fuel standards around the world.
We believe we can set the world standards for sustainability in making bitumen derived fuels here in Alberta.