Select your community
ᐃᓄᒃᑎᑐᑦ EN IKT FR
Menu Close
ᐃᓄᒃᑎᑐᑦ EN IKT FR
Select your community
Government Programs Services and Information
Your Government
Agencies
Department of Community and Government Services

Petroleum Products Division

Sections

Core Business

Petroleum Products Division

The Petroleum Products Division (PPD) is responsible for the purchase, import, storage, and delivery of petroleum products in Nunavut. Its headquarters is in Rankin Inlet with three regional offices located in Pond Inlet, Cambridge Bay and Rankin Inlet. PPD is responsible for managing approximately $190 million in bulk fuel storage facilities assets and sells approximately 210 million litres of petroleum to various consumers including governments, businesses, airlines, homeowners, and the public.

PPD operates under the Revolving Funds Act (the Act). The Act established the Petroleum Products Revolving Fund, which provides $250 million in working capital to finance PPD’s inventories, accounts receivable and expenditures. PPD recovers its program costs through the sale of petroleum products and is required to achieve a break-even financial performance. Given the volatility of fuel prices on world markets, the Petroleum Products Stabilization Fund provides an account for the retention of PPD’s annual surpluses and deficits. The stabilization fund can fluctuate by +/- $10 million thereby enhancing PPD’s ability to stabilize fuel prices in the Territory.

Is this page useful?

Thank you for contacting the Government of Nunavut.

Please do not send sensitive or personal information, including (but not limited to): social insurance numbers, birthdates, information of other people, or health information. Please only send a brief description of your issue or concern and how we can contact you. We will make sure the correct person contacts you if they need more information or if they can answer your question or concern.