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Canadian producers to make their crude heavier to cut export costs
12/3/2019

Canadian oil sands producers, including MEG Energy, Cenovus Energy and Imperial Oil, plan to remove diluents from their bitumen production in an effort to cut the costs of exporting crude to the US Gulf Coast via rail. Shipping undiluted bitument by rail can cost $6 per barrel less compared with diluted bitumen, according to IHS Markit.

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