Suncor to keep tight grip on fort hills cost

摘要

Vancouver-Canadian oil sands producer Sun- cor Energy is confident it can avoid a revival of cost inflation, especially new estimates for Imperial Oil's Kearl project, if it decides to proceed with the joint venture Fort Hills devel- opment in northern Alberta, CEO Rick George said February 1. Although detailed costs will not be avail- able until corporate sanctioning, expected in early 2013, Suncor takes a "very systematic, staged approach in attacking construction projects in a disciplined way," he told ana- lysts in a conference call.