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(Reuters) – French oil major Total SA has revised plans for its $9 billion Canadian oil sands project, but a senior executive stressed on Friday that did not constitute a big delay due to an overheated construction environment.
Total, operator of the Joslyn oil sands project in Alberta, expects its mining portion to start producing 100,000 barrels of tar-like bitumen a day in 2012 or 2013, said Michael Borrell, who recently took over as president of the company’s Canadian unit.
Reuters
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