Crude, gas production up
OTTAWA, Ont. — Canadian crude oil production totalled more than 11 million cubic metres in October, up 3.1 per cent from October 2000.
According to Statistics Canada, the increase was partly because of higher crude oil production at Hibernia — 118,574 cubic metres in October, up 15.7 per cent from last year. Exports, which accounted for 66.2 per cent of total production, rose 12.8 per cent.
Marketable natural gas production rose slightly by about 0.8 per cent from October 2000. Domestic sales of natural gas fell 4.4 per cent; residential, commercial and industrial sectors recorded lower sales.
Sales to the industrial sector (including direct sales) fell 5.4 per cent compared with October 2000, owing to lower demand for natural gas by electric utilities and the chemical industry.
Natural gas exports, which accounted for 63.6 per cent of total marketable production, were up 12.2 per cent in October compared with October 2000, the thirteenth consecutive monthly increase.
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