UPDATE 1-Cash flows from Canada oil sands to fall by $23 bln in 2 yrs -consultancy
February 24, 2015 at 14:25 PM EST
CALGARY, Alberta, Feb 24 (Reuters) - Cash flows from the Canadian oil sands will fall by $23 billion and turn negative in the next two years, energy consultancy Wood Mackenzie said in a report on Tuesday, as low crude prices make it less economical to extract tar-like bitumen from the sands.
