Source: Dan Healing, The Canadian Press, February 18, 2018
CALGARY — Two years after a blue-ribbon panel called on the Alberta government to encourage partial upgrading of bitumen from the oilsands to enhance value and free up more pipeline room for exports, the idea remains years away from commercialization.
In its royalty review report in January 2016, the panel led by ATB Financial CEO Dave Mowat pointed out that if heavy, sticky bitumen were partly upgraded, there would be less need to add light petroleum to dilute it so it will flow in a pipeline — meaning as much as 30 per cent more bitumen could be stuffed into existing pipelines.
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