Source Pravda.Ru

Output At Oil Sands Group To Return to Normal After Fire Damage Repaired

Suncor Energy, the world's second biggest miner from oil sands, has said that it has resumed full production after a fire two weeks ago caused a partial shutdown of its refining plant. The plant is producing about 200,000 barrels of oil a day after repairs were made to a hydrogen unit that removes sulfur and other impurities from the oil, Suncor said in a statement. Output this month will average about a hundred and eighty thousand barrels per day, down from more than 220,000 barrels in early April. Suncor mines oil laden sand that is then refined into a liquid near Fort McMurray in northeastern Alberta. The outage, and another caused by a power failure earlier this year, occurred in a section of the plant built last year as part of a C$3.4 billion ($2.16 billion) expansion. Shares of Suncor rose 43 Canadian cents to C$55.66 in Toronto. They have risen by twenty eight percent over the past year.

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