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CALGARY (CP) - The $12.8-billion Albian Sands oilsands expansion in northern Alberta has been approved.
A federal-provincial review panel has placed 16 conditions on the project, however. The panel also refused Albian's requests for an additional pipeline corridor as well as relocation of the main highway in the area.
The project will see Albian's Muskeg River oilsands mine expanded and integrated with the Shell Jackpine mine.
A bitumen extraction plant will also be constructed at the site about 70 kilometres north of Fort McMurray.
Public hearings last fall were told there were too many social and environmental uncertainties around the project, but proponents Shell Canada and Chevron Canada said they could successfully manage any risk to land and water.
Panel OKs $12.8-billion Albian oilsands expansion in northern Alberta
