How many oil refineries are in Canada?
Canada has 17 refineries in operation, with 14 refineries producing gasoline 2. Generally, refineries are located on major waterways, near major cities, or near crude oil production.
Why doesn’t Canada have more oil refineries?
The number of refineries in both countries has declined over the years, due to stricter environmental standards, lower fuel demand, and the decreasing availability of sweet crude, which is cheaper to process than heavy oil, including crude from oil sands.
Is there an oil refinery in Alberta?
There are four operating refineries in Alberta with a combined crude processing capacity of over 458,200 bbl/d. Alberta also has additional new projects which are either announced or have submitted applications for development.
Does Canada have refineries?
Canada is home to 18 refineries: 5 in Alberta, 5 in Ontario, 2 in British Columbia, 2 in Saskatchewan, 2 in Quebec, 1 in New Brunswick, and 1 in Newfoundland and Labrador. Together they have a total refining capacity of nearly 2 million barrels of oil a day.
Who owns refineries in Canada?
Although around a dozen companies operate oil refineries in Canada, only three companies – Imperial Oil, Shell Canada and Suncor Energy – operate more than one refinery and market products nationally.
Why doesn’t Canada refine their own tar sands?
Those in central and eastern Canada mostly process lighter crude oils, with western refiners more focused on locally available oil sands crude. Because of Canada’s relatively small population, the high capital demands and long-term payback period for refining are problematic.
Does Canada buy oil from Russia?
Canada’s Oil Imports Currently, more than half the oil used in Quebec and Atlantic Canada is imported from foreign sources including the U.S., Saudi Arabia, Russian Federation, United Kingdom, Azerbaijan, Nigeria and Ivory Coast. In 2019, Canada spent $18.9 billion to import foreign oil.
Where are Canadian oil refineries located?
Does the US refine Canadian oil?
Total refining capacity in the US has risen by about 3 million bbl/day over the past three decades, averaging about 17 million bbl/day of crude processed in 2019. The fraction of Canadian crude in US refinery feedstock has grown from 7% in 1990, to 13% in 2009, and currently sits at about 22%.