According to StrategyWest, 1/4 of all projects, that have been announced or disclosed to the public, will be actualized. The projects that will come to fruition will probably be delayed by 2 years.
The high rate of project terminations will significantly hamper Alberta's attempt to reach 5 million barrels per day.
The projects that have been disclosed and announced to the public account for production capabilities of 2 million barrels per day.
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