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05/01/17 5:49 PM

#176 RE: eFinanceMarkets #175

Syncrude starts crude shipments from Mildred Lake upgrader

Suncor Energy (SU +0.3%) says the Syncrude Canada oil sands project has resumed shipping crude from its Mildred Lake upgrader after cutting production due to a fire at the plant in March.

SU says shipments are currently at 140K bbl/day and should ramp up to full rates of 350K bbl/day in June, which is in line with its previous forecasts, as maintenance on other units wraps up.