Premier Notley attends ribbon-cutting ceremony at Hangingstone Expansion plant
Alberta Premier Rachel Notley and various other government and industry representatives attended a ribbon-cutting ceremony for Japan Oil Sands' (JACOS) newly inaugurated Hanginstone Expansion plant, located 50 km south of Fort McMurray.
The SAGD facility produced its first barrel of oil in early August and has now begun regular shipments to Edmonton. The $2 billion plant is expected to reach its nameplate capacity of 20,000 bbl/day sometime in 2018.
The Hangingstone Expansion plant is a 75/25 joint-venture between JACOS and CNOOC/Nexen.