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Construction underway on Irving Oil’s Woodside Marine Terminal

Click to play video 'Construction underway on Irving Oil’s Woodside Marine Terminal' Construction underway on Irving Oil’s Woodside Marine Terminal
WATCH ABOVE: Work is underway on refurbishing Irving Oil’s woodside marine terminal in Dartmouth. Global’s Steve Silva reports – Apr 4, 2016

Irving Oil is refurbishing its Woodside Marine Terminal in Dartmouth in a process that is expected to take 18 months to complete and cost about $80 million.

“It will provide for more reliable and efficient delivery of petroleum products into the province,” said Mike Thompson director of logistics and distribution for the company.

“This is a significant investment for sure.”

The terminal operated for about 50 years before the company shut it down in 2002.

Eight storage tanks are being refurbished, pipelines and a trucking facility are being added, and the jetty is being improved.

“More competition always means lower prices,” said Dave Collins, vice-president of Wilson Fuel, over the phone in Calgary.

“It’s good for trucking companies, it’s good for fishermen. It’s good for firms likes ourselves, who buy and resell fuel.”

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Doug Bethune, a former Nova Scotia Community College auto technology instructor who runs Tune Bethune Automotive Consulting, said opening the terminal again is a good idea.

He adds it will help maintain fuel supplies and prevent a repeat of last summer’s gas shortage.

“I think that was just a blip in the system. We’re quite fortunate in Canada in that fuel is regulated pretty stringently,” said Bethune.