New pipeline from oilsands
By THE CANADIAN PRESS
11th August 2009
CALGARY -- Inter Pipeline Fund says major construction work has wrapped up on a $1.8-billion expansion to a pipeline that links a major oilsands mine near Fort McMurray to the Edmonton area.
The Calgary-based energy transporter said yesterday it has finished installing 467 km of 42-in. diameter pipeline and 43 km of 20-in. diameter pipeline as part of the Corridor expansion and is $100 million under budget, having "materially eliminated its exposure to cost overrun risk."
Four large-scale pump stations were also built as part of the project, which connects the Athabasca Oil Sands Project's mining operations to Shell Canada Ltd.'s Scotford Upgrader near Edmonton.
AOSP is a joint venture between Shell, Chevron Canada and Marathon Oil Corp.
Inter Pipeline still needs to do some minor remediation work along the line and prepare the system for oil delivery. Those activities will continue into next year. The project is targeted to come into service in late 2010.
http://www.edmontonsun.com/money/2009/08/11/10422531-sun.html
