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Petro Canada, Teck, UTS proceed on design of $14B Fort Hills oilsands project (Fort-Hills-Oilsands)5 V& |1 m8 ]3 ^, _8 d. O: m% Q) Z3 }/ R
VANCOUVER (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 $14.1 billion., y Z7 K3 } k" s4 z
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The members of the Fort Hills Energy Limited Partnership said Thursday; W7 d' k: l A/ i$ Y9 L4 O3 q( q
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they 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.‘‘3 N* a8 R& P+ [/ ^3 w! ?
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The 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.5 t+ _3 o( S9 X ]' z- u6 l1 v! X" [
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Bitumen production is targeted for late 2011, with oil output from the upgrader expected to start around mid-2012.9 A% d: G: m) U5 C. c- o: k! _
/ a m! W! e9 r! I/ i2 w4 H IBy 2014, Fort Hills is projected to produce up to 280,000 barrels per day.
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& o7 T$ P* t m: |( ~9 _0 VPetro-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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