fining of light crude oil, manufacturing of fuel and fuel grade ethanol, manufacturing of asphalt products from heavy crude oil and acquisition by purchase and exchange of refined petroleum products. Husky’s retail distribution network includes the wholesale, commercial and retail marketing of refined petroleum products and provides a platform for non-fuel related convenience product businesses. Prince George Refinery The company’s light oil refinery in Prince George, British Columbia, provides refined products to Husky and third-party retail outlets in the central and northern regions of the province. Feedstock is delivered to the refinery by pipeline from northeastern British Columbia. Prince George Refinery production is equal to approximately 18 percent of Husky’s total refined product supply requirements. Lloydminster Asphalt Refinery The company’s Lloydminster Asphalt Refinery processes heavy crude oil into asphalt products used in road construction and maintenance and industrial asphalt products. Refinery throughput averaged 28.1 mbbls/day of blended heavy crude oil feedstock during 2015. In 2015, daily sales volumes of asphalt averaged 15.4 mbbls/day and daily sales volumes of residual and other products averaged 12.6 mbbls/day. Asphalt Distribution Network In addition to sales directly from the Lloydminster Asphalt Refinery, the company has an asphalt distribution network which consists of emulsion plants and asphalt terminals located at Kamloops, British Columbia, Edmonton and Lethbridge, Alberta, Yorkton, Saskatchewan and Winnipeg, Manitoba and two emulsion plants located at Lloydminster and Saskatoon, Saskatchewan. The company also terminals asphalt at its Prince George Refinery and uses independently operated terminals in Vancouver, British Columbia and in Washington State. Ethanol Plants The company’s ethanol production supports its ethanol-blended gasoline marketing program. It sells a large portion of its production to other major oil companies for their ethanol blending requirements in Western Canada. Other Supply Arrangements During 2015, Husky purchased approximately 29.2 mbbls/day of refined petroleum products from refiners and acquired approximately 9.0 mbbls/day of refined petroleum products pursuant to exchange agreements with third-party refiners. Branded Petroleum Product Outlets and Commercial Distribution As at December 31, 2015, there were 485 independently operated Husky-branded petroleum product outlets. During 2015, Husky and Imperial Oil entered into a contractual agreement to create a single expanded truck transport network of approximately 160 sites. The company also markets refined petroleum products directly to various commercial markets, including independent dealers, national rail companies and major industrial and commercial customers in Western Canada and the northwestern United States. History Husky Energy Inc. was founded in 1982.
husky energy inc
(HSE:Toronto Stock Exchange)
707-8th Avenue SW
PO Box 6525
Calgary, AB T2P 3G7
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