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...493-km from northern Alberta through the Corridor Pipeline had been delayed by a fire in early January. Now its late arrival brought the $6-billion Athabasca Oil Sands Project (AOSP) one step closer to start-up. More bitumen would course its way down the pipeline for another week until roughly 450,000 barrels were in the tank. Then, three years after the biggest construction job in Canada began, the new Scotford upgrader would start cranking out synthetic crude oil, enough by year's end to supply 10% of Canada's oil needs.
AOSP, a joint venture between Shell Canada Limited (60% ownership), Chevron Canada Limited (20%) and Western Oil Sands L.P. (20%), is the first fully integrated oilsands project to be built in Canada in 25 years. The Fort McMurray area is rich with the gooey, molasses-like tar sands. Estimates put the total deposit at 1.7 trillion barrels, with perhaps 300 billion extractable with technology currently available. The AOSP lease at the Muskeg River Mine holds about five billion mineable barrels of bitumen, about twice...
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