By OGJ editors
HOUSTON, May 8 -- Canadian Oil Sands Trust, which holds a 35.49% interest in Syncrude Joint Venture, said all third-phase expansion units came on stream at Syncrude Canada Ltd.'s oil sands plant in Fort McMurray, Alta., on May 6.
The project pushes capacity to 350,000 b/d of synthetic crude, gross to Syncrude, and yields an ultralow-sulfur product. The cost for the third-phase expansion start-up was estimated at $8.4 billion with additional, later costs of $150 million.
Previously, the trust cited plans, which remain unapproved by Syncrude owners, for two later expansions raising production capacity to more than 500,000 b/d (OGJ, Apr. 11, 2005, p. 22).
