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Reliable West Coast shipments of Alberta heavy oil emerge as lifeline for Asian refiners
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Reliable West Coast shipments of Alberta heavy oil emerge as lifeline for Asian refiners
The Port of Vancouver has emerged as a lifeline for Asian oil refiners amid disruption of the vital shipping route through the Strait of Hormuz, according to ATB Cormark Capital Markets. Tankers calling at the port’s Westridge Marine Terminal now have access to an expanded, reliable supply of oil from Alberta, thanks to the Trans Mountain pipeline. Not only do these barrels have clear sailing to Asian ports, analysts say they’re just the type o…
·Welland, Canada
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