Tar sands projects stuck
Journal Article
·
· Chem. Eng. (N.Y.); (United States)
OSTI ID:7307544
Although four Canadian tar sands projects are in trouble because of rising construction costs, product pricing, and marketing difficulties, Great Canadian Oil Sands Ltd., a Sun Oil Co. subsidiary, has returned a profit on its 51,000 bbl/day facility at Fort McMurray, Alberta. All the projects to date have involved above-ground oil recovery from mined tar sands, but most experts still remain optimistic about in-situ recovery techniques, which can reach the 90 percent or more of the reserves that mining cannot. Alberta has established a five-year, $100 million research and development program to study these techniques.
- OSTI ID:
- 7307544
- Journal Information:
- Chem. Eng. (N.Y.); (United States), Journal Name: Chem. Eng. (N.Y.); (United States) Vol. 82:4; ISSN CHEEA
- Country of Publication:
- United States
- Language:
- English
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