Canadian oil sands project Syncrude cuts September crude deliveries, say sources

CALGARY, Alberta, Sept 23 (Reuters) - The Syncrude oil sands project in northern Alberta has cut September deliveries after declaring a force majeure earlier this month, two market sources told Reuters on Thursday.

Syncrude, which is majority-owned by Suncor Energy (SU), expects to cut 15-20% of deliveries to customers, one source said. Another source said that amounted to 1.5 million barrels for the month.

Suncor did not immediately respond to a request for comment. (Reporting by Nia Williams in Calgary and Rod Nickel in Winnipeg)

Copyright © Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.

News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.