 鲜花( 0)  鸡蛋( 0)
|
Petro Canada, Teck, UTS proceed on design of $14B Fort Hills oilsands project (Fort-Hills-Oilsands)) Z3 Z4 h2 K' Y$ t* r- L( P! Y6 W
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 $14.1 billion.
1 z4 R% H5 X5 Q$ ?0 i( k
" a( t1 e# n- w* ?* k5 C! Z2 _The members of the Fort Hills Energy Limited Partnership said Thursday
# @. ^: z) E4 \( m% i* {) d2 p- u: M: B/ { b9 Q5 J; I
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.‘‘- @- B/ e8 s7 U: I, x0 W5 C+ x
z& p3 O& J+ I3 {5 E0 lThe 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." \7 n v% e$ {+ `$ s( S& [
* W' {2 P" z) q$ nBitumen production is targeted for late 2011, with oil output from the upgrader expected to start around mid-2012.7 E0 C# L9 s% s. z
0 d9 s, h9 i' dBy 2014, Fort Hills is projected to produce up to 280,000 barrels per day.
! @9 n$ \/ s( k$ x+ x
( L# o8 _6 a4 |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. |
|