The high cost of the Canadian oil sands industry is facing industry challenges. According to the Canadian Petroleum Manufacturers Association (CAPP) statistics, from 1997 to 2012, the Canadian oil sands industry spending has been increasing year by year. According to the latest CERI report, the Canadian inks SAGD in situ mining costs in 2014, the cost of open pit mining alone, open-air extraction and upgrading of integrated operating costs increased by 4.4% over the same period last year, 1.6% and 5.9%. The cost of oil sands mining under various types of operation shows a rising trend. In addition, according to the PFC Energy 2013 statistics, Canada's oil sands in situ mining and open pit mining in two ways the cost of full-cycle cost of $ 70 per barrel, in terms of development costs, compared with the rest of the world oil at a disadvantage.
Shaoxing Shangyu Simo Research institute of organic Chemistry
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