By OGJ editors
HOUSTON, Aug. 7 -- Irving Oil Ltd., St. John, NB, and TransCanada Energy Ltd., a unit of TransCanada PipeLines Ltd., Calgary, plan to build an $80 million cogeneration plant at Irving Oil's refinery at St. John, Canada's largest. The proposed facility, to be fueled by natural gas, will produce steam and power for refinery operations.
The project, designed to enhance the refinery's energy efficiency and operational reliability, also supports New Brunswick's Energy Policy that promotes cogeneration as the "most energy-efficient electricity generation option."