Saint John M-P Rodney Weston remains optimistic Irving Oil’s proposed second refinery in Red Head will eventually become a reality as the U-S economy begins to rebound from the recession.
And Weston says discussions between Irving and government officials about potential funding have been positive — but — no commitments have been made at this point.
Irving announced yesterday it was shelving plans for the 300-thousand barrel a day refinery because of market conditions — the company is continuing with the permitting process and will revisit the project as market conditions improve.
