March 29 - April 5, 2004

Husky Energy to upgrade Prince George refinery to produce low-sulfur fuels

PRINCE GEORGE, BC-Husky Energy has indicated that it will upgrade its Prince George oil refinery to produce low-sulfur gasoline and diesel fuels that meet new federal government fuel specifications. The cost of the project is estimated at $73 million (Cdn) and the facility should be on-stream by the second quarter of 2005. The company has commissioned SNC-Lavalin, an engineering and construction firm with strong project management and construction experience, to provide detailed design and construction management for this project. The Prince George refinery currently produces more than 10,000 barrels per day of gasoline and diesel. The upgrade could increase production at the facility to 12,000 barrels per day, and will provide the company an opportunity to expand its ethanol blended fuel business in B.C. Husky Energy has positioned itself in Canada in the development of ethanol-blended fuel and has received government recognition for the low combustion emissions of its ethanol-blended gasoline. More information is available from Rocco Ciancio at Husky Energy, 403/298-7088.
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