Competitive Framework for Alaska: 2012

International competition Heavy Oil Heavy Oil can be separated in two groups: Heavy Oil: 15 – 22 degrees API. This oil can typically be produced with conventional production methods, since oil flows to the wells. The oil can also be transported by pipeline and in marine tankers - • Ultra Heavy Oil or Bitumen: 8 15 degrees API. This oil which needs to be produced with special production methods. The oil cannot be transported by pipeline or marine tanker. It needs to be mixed with condensate or it needs to be converted in an upgrader to synthetic crude oil. 46

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