Under the SOA, Macquarie Energy will provide North Atlantic with feedstocks and purchase certain finished products from North Atlantic, effective 1 November 2011.
North Atlantic will provide storage tanks for the feedstock and finished products and is accountable for services related to the storage and handling of the feedstock and finished products at the refinery, including vessel loading and offloading.
Harvest Operations president and CEO John Zahary said the Macquarie Energy SOA replaces the existing agreement and is based on favorable terms and service.
"The company expects the agreement supports North Atlantic’s position as a prominent supplier of refined product," Zahary said.
