Parliamentary Committee Studies The Impending Closure Of Shell Canadas Montreal Refinery
July 20, 2010
Witnesses including Shell Canada, met with Industry Committee today to help parliamentarians understand Shell’s decision to close its Montreal refinery.
CIPMA has been following these proceedings in the context of the larger issue of supply security of petroleum products in Canada.
This refinery closure adds to the complexity and length of the supply line for the Eastern half of Canada, and will likely add to the volume of fuel that must be imported. Canada is a net importer of petroleum products.
There is not enough refining capacity in Canada to meet consumer demand.
The growing dependency on imports is of concern to independent gasoline marketers – as the risk of a supply disruption increases exponentially as the supply line becomes increasingly long and complex.