Petroleum Bulk Storage Facility
Distribution Strategy Study
Vista completed a study to provide recommendations on strategic locations and costs related to petroleum bulk storage facilities for Natural Resources Canada (NRCAN). As part of its mandate to enhance the responsible development, competitiveness, and use of Canada’s natural resources, NRCAN was considering a new oil storage and distribution strategy.
Government of Canada
A study to provide recommendations
related to petroleum bulk storage facilities.
NRCAN needed an expert-level engineering consulting partner to provide
recommendations on strategic locations and costs of facilities in order to aid the
Canadian government in developing a new petroleum bulk storage and distribution strategy.
The scenarios ranged from a single 5-million-barrel tank farm in eastern Canada to multiple facilities spread across the nation. Total installed costs ranged from $600 Million to $3,916 Million (Class V) depending on how much storage was needed and the location.
The costs accounted for refined petroleum product storage and the infrastructure (i.e. Marine/Rail Terminals) required to move crude to world markets.