 鲜花( 0)  鸡蛋( 0)
|
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.: o5 e: [( c% h2 s
# Y5 V: J' v- U! K* l& p
The production and market outlook paints two scenarios.8 w! ~& q+ P% r8 C, V
3 @# L: E) _1 _- d! vUnder 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.+ W) v$ p3 a* x7 P0 D1 {7 G
8 L" |. i' _7 z" T, ^' P7 jCAPP 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.& _+ E: v7 o' m# [' j- e8 r x1 D
* b# ^3 e$ R/ u' ^, z
"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."
" j. V1 T" S( Y) K
% Q- p; I/ Z7 c2 h. F& SCAPP sees no need for more pipe-line capacity in the decade ahead.0 X" T% i U4 s
2 B9 l' t& _# W m. T8 b4 j
"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 |
|