Chevron Canada says it’s testing the waters on a potential sale of its Burnaby refinery and retail gas stations.
In an email, Spokesperson Adrien Byrne says no official decision has been made to sell, but that the company is soliciting “expressions of interest” for its refining and marketing assets in British Columbia and Alberta.
This means everything but its Lubricants business, along with its interest in the Kitimat LNG project and Canadian upstream assets, could be up for sale.
And potential buyers appear to already be sniffing around. Byers states the company has already received “indications of interest.”
Byrne says contractors and employees were notified of the plan last week.
As for the total value of the properties, Byrne says he can not disclose a dollar figure.