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New Husky Energy plant starts production in Saskatchewan4 ~: j @' e+ S" h6 ]( }* z
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Has capacity to produce 10,000 barrels of oil per day; m' m2 K7 t" b! p
CBC News Posted: Apr 18, 2016 10:11 AM CT Last Updated: Apr 18, 2016 10:11 AM CT! h) E- E+ i! X7 R& d
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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.$ f1 Y$ u, L- ^2 L
! m4 q5 g, b; J6 C9 z; H" ZNew Husky Energy plants will create 90 permanent, 500 construction jobs1 ?& C0 S( H: T- v
4 s4 g. M9 D) U$ U8 T: r. d2 I"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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; D1 M) q. m, I"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."* ]- E. I6 ]+ ?9 v. e5 B3 _
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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 $7 per barrel, including energy.
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% |' X9 [" f) f$ QThis is the first of three thermal projects Husky will bring online this year in the province. |
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