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Petro Canada, Teck, UTS proceed on design of $14B Fort Hills oilsands project (Fort-Hills-Oilsands) L) `) A# A, U+ z
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 $14.1 billion.
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The members of the Fort Hills Energy Limited Partnership said Thursday
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1 M/ x& k ^6 z+ x" Othey are committed to proceed with front-end engineering and design. This will take about a year, “producing a definitive cost estimate and the basis upon which the final go-ahead decision on the project will be made.‘‘
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The project _ an oilsands mine and bitumen extraction plant 90 kilometres north of Fort McMurray, Alta., and upgrader northeast of Edmonton _ is expected to produce 140,000 barrels per day of synthetic crude oil in its first phase., R$ C. _+ J2 ^* s# @4 x
9 V4 M* y! E% r; C8 O- j% J/ X1 \Bitumen production is targeted for late 2011, with oil output from the upgrader expected to start around mid-2012.$ v# v9 t$ `* q, B8 K+ t) b
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By 2014, Fort Hills is projected to produce up to 280,000 barrels per day.3 q0 e- i; G9 C; c8 F2 y& ^
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Petro-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
