Jul 30, 2007 2:17:00 PM MST
CALGARY (CP) _ Shell Canada says it has filed a regulatory application for a new upgrading facility adjacent to its existing facilities in the Fort Saskatchewan area, east of Edmonton.
The company said Monday that the proposed Scotford Upgrader 2 will be constructed in four phases and process Shell‘s share of future Athabasca minable bitumen production as well as bitumen from the company‘s in situ oilsands developments.
It could ultimately process up to 400,000 barrels a day of oilsands bitumen into a range of synthetic crude oil products.
“Our Scotford Upgrader 2 development plans reflect a long-term, continuous development path in the Scotford area,‘‘ said Brian Straub, senior vice president of oilsands said in a release.
Shell said financial approval to proceed with Scotford Upgrader 2 will depend on the outcome of regulatory processes, market conditions, final project costs and consultation with key stakeholders.
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