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Alberta announces deal with CN, CP to ship crude by rail

(Source: CBC News, February 19, 2019)

CALGARY The Alberta government has signed contracts with Canadian National and Canadian Pacific to lease 4,400 rail cars to take oilsands crude to American and international markets. The first shipments of 20,000 barrels per day are expected to start by July. Full capacity is expected by mid-2020 when up to 120,000 barrels per day will be shipped by rail.

Full story: www.cbc.ca

Wednesday, February 20, 2019

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