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Syncrude Oil Sands Project Cuts April Production to Zero

Posted by April 3, 2017

The Syncrude oil sands project in northern Alberta has cut its production to zero for all of April following a fire last month, three market sources said on Monday.


Syncrude, which is majority-owned by Suncor Energy (SU), previously said shipments of synthetic crude were expected to restart at up to 50 percent of the plant's 350,000 barrel-per-day capacity in mid-April.

 

Reporting by Nia Williams and Catherine Ngai

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