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Oil Sands to Play Biggest Role in Canada’s Export Boost Pledge

Water is pumped into a tailings pond at a Suncor Energy mine in the Athabasca oil sands near Fort McMurray, Alberta.

Water is pumped into a tailings pond at a Suncor Energy mine in the Athabasca oil sands near Fort McMurray, Alberta.

Photographer: Ben Nelms/Bloomberg

Canada’s oil sands would play the biggest role in the government’s pledge to boost crude and natural gas exports by 300,000 barrels a day this year to compensate for Russian supplies, according to the lead trade organization for the industry.

Oil sands companies are able to increase crude output by about 130,000 barrels a day, conventional drillers can add another 60,000 and a platform off Newfoundland could raise production by 10,000 barrels, Ben Brunnen, vice-president of oil sands, fiscal and economic policy at the Canadian Association of Petroleum Producers, said in an interview.