Syncrude Under Repair For 30 Days, Output Cut By 100,000 Bbls/d
March 09 2012 - 3:55PM
Dow Jones News
The Syncrude oil-sands project will be under repair for about 30
days and its production cut by roughly 100,000 barrels day after a
fire last weekend, a spokeswoman for the project's largest
stakeholder said Friday.
The exact restart date hasn't been set, Canadian Oil Sands Ltd.
(COS.T) spokeswoman Siren Fisekci said.
The fire on March 2 shut down one of Syncrude's three coking
units, which are used to remove heavier grades of petroleum from
oil sands in order to create light synthetic crude oil. The plant's
production has been cut by roughly a third from its normal capacity
of 350,000 barrels of oil a day, Fisekci said.
Syncrude is a joint venture oil-sands project in northeastern
Alberta operated by Imperial Oil Ltd. (IMO). The other stakeholders
are Suncor Energy Inc. (SU), China Petroleum & Chemical Corp.
(600028.SH), Nexen Inc. (NXY), Murphy Oil Corp. (MUR) and Mocal
Energy Ltd.
-By Edward Welsch, Dow Jones Newswires; 403-229-9095;
edward.welsch@dowjones.com
Imperial Oil (AMEX:IMO)
Historical Stock Chart
From Jun 2024 to Jul 2024
Imperial Oil (AMEX:IMO)
Historical Stock Chart
From Jul 2023 to Jul 2024