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Mackenzie Gas Project delay continues as costs increase 40%

Ana Komnenic | December 26, 2013 | 11:11 pm Canada Europe 

Imperial Oil's Mackenzie Gas Project in Canada's Northwest Territories will be 40% more expensive than expected, putting the total price tag at $18.82 billion, Reuters reports. The increased cost estimate is due to rising labour and material prices. But it's not...

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