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Canadian Natural sees crude export constraints easing

Aug 02, 2019 - SNL Energy Finance Daily
Financial Results

Canadian Natural Resources Ltd. expects the nation's crude export bottlenecks to ease in the coming months as producers lift crude-by-rail shipments and incremental pipeline capacity becomes available.

Describing the regulatory and legal challenges that have dogged expansion of export capacity in recent years as "a cloud hanging over Canada's oil and gas industry," Executive Vice Chairman Steve Laut said the Calgary, Alberta-based company is optimistic the sector is nearing the end of thos...