Canadian Natural confirms oilsands NGL agreement

CALGARY — Canadian Natural Resources Ltd. confirmed Wednesday morning that it has signed a deal to capture natural gas liquids at its Horizon oilsands upgrader near Fort McMurray.

As previously reported in the Herald, the company said it has an agreement with Williams Energy Canada which will install equipment at the upgrader to divert liquids such as ethane and propane out of its off-gas stream, leaving just methane to be burned for energy.

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