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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 |$ A! d# A) u ]4 d
4 I) A6 V$ Z" ^' I# A0 ZThe production and market outlook paints two scenarios.$ ]! v: a: L5 v2 H, ]8 R
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Under 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.+ g4 n- j0 q; n& W4 J/ D
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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.3 ^5 m) d# z( r/ J0 R% |. x, ~: |
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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."0 X! A- I5 L/ L* f
4 h& ?' ~' N# X7 tCAPP sees no need for more pipe-line capacity in the decade ahead.* T- [, z+ g' j
$ ?, k& t V- c3 v"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
