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Alberta's oilsands could push Canada's oil production to more than 4.2 million barrels a day by 2025, compared with 2.7 million bpd currently, if the investment climate improves over time, said the Canadian Association of Petroleum Producers in a forecast released Friday.* ]! c" d. D6 ?! k
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The production and market outlook paints two scenarios.1 h8 W! d9 Y: d# ?" Y. r$ @! Z {
E( S# u: w7 I1 bUnder a conservative approach, which includes projects operating or under construction, Canadian crude oil output would rise to just 2.8 million bpd by 2025, with the oilsands replacing declining conventional production.
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6 @0 s6 k" L1 `& j! MCAPP sees oilsands output increasing to two million bpd under its conservative approach, compared with 3.3 million bpd under its growth scenario, which assumes an improving economic market.
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"CAPP's production forecast indicates that even with delays due to current economic circumstances, oilsands production is expected to grow, although the pace of development has slowed," said Greg Stringham, vice-president for markets and oilsands. "Producers expect continued demand for the security of supply that crude oil from Canada provides to the North American energy market."% H" m% t5 w. ?6 W
6 b e! |$ S7 V' [9 ICAPP sees no need for more pipe-line capacity in the decade ahead.6 _5 ]0 w, l& k8 ^& ^
- E2 L: A3 A( B. W3 _ R; w"In terms of pipeline capacity to meet market expectations, this year's outlook indicates that the significant pipeline development now under-way will amply connect forecasted production to long-term demand in the North American energy market," Stringham said |
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发表于 2009-6-6 17:59
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发表于 2009-6-6 20:32
