CALGARY, Feb 6 (Reuters) - Canadian oil producer Suncor

Energy ( SU ) is well-positioned compared to many of its

competitors to weather threatened U.S. tariffs, CEO Rich Kruger

said on Thursday.

On a conference call with analysts, Kruger said between 60%

and 65% of Calgary, Alberta-based Suncor's production stays in

Canada, either to be refined or shipped off the British Columbia

coast via the Trans Mountain pipeline.

The integrated nature of the second-biggest Canadian oil

producer's assets gives the company a "natural hedge" against

tariffs, compared to other Canadian oil producers who move their

crude to U.S. refineries, Kruger said.

The Canadian crude industry has been bracing for U.S.

President Donald Trump's planned tariffs, as most of Canada's

crude exports go to the U.S.

Trump suspended on Monday his plan for 25% tariffs on most

products from Canada and Mexico and a 10% tariff on Canadian

energy products for 30 days, in return for concessions on border

and crime enforcement.

Suncor said on Wednesday it achieved record oil production

in the fourth quarter of 875,000 barrels per day, up from

808,000 bpd a year earlier.

The company said in December it is aiming to increase oil

output in 2025 by up to 5% as it works to improve its

performance and reduce costs from its oil sands sites.