Our 115,000-barrel-per-day oil refinery is strategically located in Newfoundland, on Canada's extreme east coast. Our position gives us unique access to petroleum markets in Europe and the U.S. eastern seaboard, and puts us in close proximity to sour crude supplies in Russia, Venezuela, and the Middle East.
At North Atlantic, we've capitalized on innovations designed into our facility on the drawing
board. 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 one
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 slightly lower-cost sour crude.
We are a sour crude refinery and that's 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 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.