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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.5 |5 K4 i# n0 W6 X% U7 y1 f% V( K7 q
$ O: \+ M# v; O4 ^, a- Q7 uThe production and market outlook paints two scenarios.- l3 V8 Z4 {( @1 l
# @# d3 `/ M o% A6 S4 D# xUnder 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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CAPP 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.7 x5 O2 i- Z' {& I1 S: J) w" }
3 F% W0 Q1 d: E( z4 Z% {3 a"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."
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" C( t6 v- P' }( I4 }" D8 Y; _5 F2 zCAPP sees no need for more pipe-line capacity in the decade ahead.1 ~: ?. Z8 w3 o) t" m! e
* W6 U* Y# f$ i"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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