Pipeline Announcement Good News for Port Saint John

SAINT JOHN (NB) - Saint John has been designated a delivery point for TransCanada’s Eastern Oil Pipeline Project.TransCanada made the announcement earlier today that it will accept binding commitments from interested parties for a pipeline to transport crude oil from Western Canada to Eastern Canadian markets.The project will have the capacity to transport as much as 850,000 barrels of crude oil per day. Port Saint John has the potential to play an integral role in bringing Canadian crude to global markets.Our port currently handles the largest oil tankers in the world, as well as the largest crude carriers. We have over 50 years of handling petroleum cargo for both import and export.“This opportunity for Saint John and our port is phenomenal. I’d like to commend Premier David Alward, former premier Frank McKenna, minister Keith Ashfield and our local MP Rodney Weston for their vision and dedication, ” Port Saint John president and CEO Jim Quinn said following the announcement.This development has the potential to stimulate the economy and create jobs in the region.Port Saint John looks forward to working with TransCanada and their partners to bring Canadian crude across the country and abroad.Port Saint John is the largest port by volume in Eastern Canada. Our boundaries extend from Cape Spencer to Musquash. We have over 50 years handling petroleum cargo for both import and export.

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Media contactPaula SmallManager of Stakeholder and Community EngagementPort Saint John(506) 650-5288e. psmall@109.199.110.97Download PDF: Pipeline Announcement Good News for Port Saint John