Alberta Continues Oil Production Limit for January
11/26/2019
(Reuters) — The Canadian province of Alberta, the country’s largest oil producer, will keep its oil production limit in January at 3.81 million barrels per day, the same level allowed in December, a government spokesman said.
The province has been gradually easing curtailments on crude output but kept the January level unchanged due to external factors that have limited transportation, such as the temporary shutdown of TC Energy Corp’s Keystone oil pipeline and a strike at Canadian National Railway Co, a spokesman for Alberta Energy Minister Sonya Savage said.
The railway strike ended on Tuesday, however, it may be several days or weeks before oil shipments resume in full.
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Pipeline Project Spotlight
Owner:
East African Crude Oil Pipeline Company
Project:
East African Crude Oil Pipeline (EACOP)
Type:
TotalEnergies in discussions with a Chinese company after Russian supplier Chelpipe was hit by sanctions.
Length:
902 miles (1,443 km)
Capacity:
200,000 b/d
Start:
2022
Completion:
2025
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