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Petro Canada, Teck, UTS proceed on design of $14B Fort Hills oilsands project (Fort-Hills-Oilsands)
* Q9 H2 p) U5 {7 T( oVANCOUVER (CP) _ Petro-Canada (TSX:PCS), Teck Cominco Ltd. (TSX:TCK.B) and UTS Energy Corp. (TSX:UTS) have conceptualized the design for the Fort Hills oilsands project, with the first phase budgeted at $14.1 billion.5 @% e# e9 `! A+ m) c" P
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The members of the Fort Hills Energy Limited Partnership said Thursday/ Z$ `# `4 i+ F4 r2 r& ^
' n* A" ^7 l* {# s6 Jthey are committed to proceed with front-end engineering and design. This will take about a year, “producing a definitive cost estimate and the basis upon which the final go-ahead decision on the project will be made.‘‘
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4 Z6 T+ x K( T- y/ QThe project _ an oilsands mine and bitumen extraction plant 90 kilometres north of Fort McMurray, Alta., and upgrader northeast of Edmonton _ is expected to produce 140,000 barrels per day of synthetic crude oil in its first phase.: @+ ^( N3 O! t9 F) ?3 A+ H8 p
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Bitumen production is targeted for late 2011, with oil output from the upgrader expected to start around mid-2012.
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0 g- F3 {1 _' T' h" ZBy 2014, Fort Hills is projected to produce up to 280,000 barrels per day.( P7 A, c/ _7 N$ Z/ V$ B
( d- X" _1 t/ e4 u8 EPetro-Canada has a 55 per cent interest in the Fort Hills partnership, with 30 per cent held by UTS Energy and 15 per cent by Teck Cominco. |
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发表于 2007-6-27 07:26
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发表于 2007-6-28 08:31
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