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New Husky Energy plant starts production in Saskatchewan; m9 b# o/ K, M% N8 J+ M( H
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Has capacity to produce 10,000 barrels of oil per day
+ x" d: Y/ p4 ZCBC News Posted: Apr 18, 2016 10:11 AM CT Last Updated: Apr 18, 2016 10:11 AM CT
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The new Husky Energy heavy oil thermal project at Edam East, located approximately 100 kilometres east of Lloydminster, started production Monday in Saskatchewan., F8 N6 }) E5 s4 ?) X- C* C! G
7 T @' A( H1 W9 P h$ gNew Husky Energy plants will create 90 permanent, 500 construction jobs
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"Our growing portfolio of heavy oil thermal projects continues to lead Husky's transition into a low sustaining capital business," said Asim Ghosh, Husky Energy CEO, in a news release.
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"Edam East is another example of the quick ramp ups that we've come to expect from these developments, which have operating costs amongst the lowest in the industry."
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According to Husky Energy, the new plant will have the capacity to produce 10,000 barrels of oil per day with operating costs for its Lloydminster thermal product line averaging about $7 per barrel, including energy.# S+ {6 g& ]4 E* j2 y+ O
" C. ^, B; }( I( U6 TThis is the first of three thermal projects Husky will bring online this year in the province. |
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