CALGARY, Alberta, - Japan Canada Oil Sand Ltd, a unit of Japan Petroleum Exploration Co (1662.T: Quote, Profile, Research) said on Thursday it plans to expand its Canadian oil sands operation to produce an additional 35,000 barrels a day by 2014.
The company, which has run a pilot project for the Hangingstone oil sands operation for the past 10 years, said it would seek regulatory approval for the expansion of its thermal oil sands project in 2010.
Its current operation produces about 8,000 barrels of tar-like bitumen per day. (Reporting by Scott Haggett; editing by Rob Wilson)Renewable Fuels Association (RFA)
