OIL SANDS
Lead shareholder and operator of Canada's newest oil sands mine Suncor announced on Monday that the new C$13.5-billion Fort Hills oil sands project, in Alberta, had started secondary extraction on Saturday. Fort Hills, which is located about 90 km north of the country's oil capital, Fort McMurray, will continue to ramp up to its nameplate capacity of about 194 000 bbl/d, of which about 103 000 bbl/d is attributable to Suncor.
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