Suncor’s Syncrude To Resume Some Output In July
Suncor Energy Inc. said on July 9 its Syncrude oil sands project in Western Canada will resume some production in July, sooner than expected, and hit full capacity in September, following an outage last month that disrupted total output.
The disruption at Syncrude, representing 10% of Canadian oil production, has tightened Canadian supplies and reduced the crude flow to Cushing, Okla., the delivery point of the U.S. crude futures contract.
Suncor, the biggest stakeholder in the northern Alberta project, said an early investigation showed the cause of disruption was a transformer trip.