AGREEMENT NEAR ON UPGRADER OVERRUN

Participants are close to a final agreement on a financing deal for a $190 million cost overrun on a heavy oil upgrader at Lloydminster, Sask. The project received $90 million in interim financing from several partners last month and an additional $7.89 million more recently to cover costs until talks are completed. Ottawa, the Alberta government, and project operator Husky Oil Ltd. have advanced the interim financing. The Saskatchewan government has refused to provide more money. An official

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