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New Husky Energy plant starts production in Saskatchewan
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* P9 b$ z! D, Z; j$ I. lHas capacity to produce 10,000 barrels of oil per day& {4 l' Q; X( E
CBC News Posted: Apr 18, 2016 10:11 AM CT Last Updated: Apr 18, 2016 10:11 AM CT: [* J: k5 }7 T' ^ i d' w
. | Q% L0 J+ j4 Z0 }The new Husky Energy heavy oil thermal project at Edam East, located approximately 100 kilometres east of Lloydminster, started production Monday in Saskatchewan.
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8 W3 m' |( y1 qNew Husky Energy plants will create 90 permanent, 500 construction jobs
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1 c: a8 H2 Z1 s8 [* x1 _"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.+ S5 }- j3 V3 W2 i& ]; n
9 i* g! b. ^0 P: f2 ~: N"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."6 R6 t5 w* A7 |( F# }4 b9 ]
) x% m( _1 G7 |7 WAccording 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.. h% }% _7 T0 s5 @
) m3 ~: H9 ~! cThis is the first of three thermal projects Husky will bring online this year in the province. |
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