The Condensate Challenge Facing Canada's Oil Sands Growth
Market Intelligence Analysis
AI-PoweredCanada's oil sands growth is expected to receive a boost from a new Memorandum of Understanding between the government and Alberta, which includes a contingent bitumen pipeline to British Columbia, and midstream operators' brownfield pipeline expansions.
Market impact analysis based on bullish sentiment with 81% confidence.
Article Context
The government of Canada and the province of Alberta reached a major milestone in late November, with the signing of a Memorandum of Understanding (MoU) to strengthen energy collaboration and sustainable economic development. A core pillar of the announcement is a contingent bitumen pipeline from Alberta to British Columbia, targeting at least 1 million barrels per day (bpd) of capacity for waterborne exports. The news comes shortly after several Canadian midstream operators announced brownfield crude oil pipeline expansions with the potential…
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