July 24 (Reuters) - Canada's Imperial Oil ( IMO ) is
reducing non-essential staff at the Kearl oil sands site as a
precaution against the ongoing wildfires in the country, the
company said on Wednesday.
There are 430 wildfires in British Columbia with another 172
in Alberta including those near the key oil sands hub of Fort
McMurray in northern Alberta.
Imperial Oil ( IMO ) said there was no direct impact on its
operations at the moment and that it continues to monitor the
situation closely.
About two-thirds of Canada's five million barrels per day of
production comes from the oil sands region.
The wildfire danger level is designated as "extreme" across
the Fort McMurray forest area and a fire ban is in effect for
the entire area, as per an Alberta government release on
Tuesday.
Kearl oil sands site lies roughly 70 kilometres north of
Fort McMurray.
Separately, several analysts said the wildfires in Canada
forced some producers to curtail production and threatened a
large amount of supply, lending support to higher prices.
Earlier this month Suncor, Canada's second-largest
oil company, temporarily curtailed some production and evacuated
non-essential workers from its 215,000 barrels-per-day (bpd)
Firebag site because of a nearby fire.