Our 115,000-barrel-per-day oil refinery is located in Newfoundland, on Canada's extreme east coast. Our geographic position gives us unique access to petroleum markets in Europe and the U.S. eastern seaboard, and puts us in close proximity to crude supplies in Russia and the Middle East.

At North Atlantic, we've capitalized on innovations designed into our facility on the drawing board back in the late 1960s. When our refinery was built in the early 1970s, oil was plentiful and easy to recover, so installing clean fuel technology and one of North America's largest refinery docks at a facility in Newfoundland seemed unnecessary. However, time has revealed the many benefits of that design.

Our clean fuel technology (hydrocracker) enables us to produce low-sulphur, clean fuels from sour crude, and being a sour crude refinery is the place to be, considering much of the proven oil reserves around the world are light to medium sour. That fits North Atlantic's configuration to a T.

Another advantage we have at North Atlantic is lower freight costs. Because very large ships (VLCCs) can tie up directly to our ice-free dock all year around.

While our achievements over the past 40 years are impressive, we continue to work towards the future and the more challenging goals we've set for tomorrow. It's just one more advantage we have at North Atlantic.