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Expansion |
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Negotiating a new lease agreement has played a key role in the delayed expansion, on which the Australian company plans to spend more than $200 million. The move, which represents a loss of $70 million in annual business, is the latest blow to a terminal that lost three significant customers late last year amid struggles to get its delayed expansion project under way. Canadian Superior Energy's greatest downfall was inadequate financing, which delayed expansion and hindered growth. |
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