Lloydminster City Council has approved a three-year contract with PetroValue Products Canada to provide petroleum products and services to the Lloydminster Municipal Airport beginning Feb. 1, 2027.
The agreement will run until Jan. 31, 2030, and includes an option to extend the contract for up to two additional one-year terms in 2030 and 2031. Council also authorized administration to sign and finalize all necessary documents.
The new contract comes as the airport’s current aviation fuel provider agreement is set to expire on Jan. 31, 2027.
According to administration, the City issued a request for proposals on Sept. 30, seeking a supplier to provide the airport’s aviation fuel requirements under a three-year term with potential extensions.
The Lloydminster Municipal Airport is owned and operated by the City and is certified by Transport Canada. The facility is also home to a NAV Canada Flight Service Station and provides self-serve aviation fuel services, including AVGAS 100LL storage capacity of 20,000 litres and Jet A1 fuel storage capacity of 35,000 litres.
In recommending PetroValue Products Canada Inc., administration cited the company’s competitive pricing, reliable fuel supply, fuel quality and safety programs, and 24-hour service capabilities. Adminstration also noted the company’s experience and operational capacity supporting aviation and commercial operations across Canada.
Administration said the agreement will help ensure a continued supply of aviation fuel and related services for airport users while maintaining operational reliability at the facility.
Council greenlit the contract at its regular session on Monday, Oct. 26.
