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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.
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9 G/ Y3 j5 h* m. x6 M& xThe production and market outlook paints two scenarios.% P$ Y3 I& o; s9 R& r8 e( A
8 I0 e. G% [. N# n5 C8 C kUnder 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 Q; b% Z0 X! ]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.& x! h8 ^! S% Y3 [- v1 N
% J& X8 @5 O& U0 H% n. N"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.") z4 T `* G( @1 ?% ]
- t+ N/ v* Y3 s) k3 D, \% D. PCAPP sees no need for more pipe-line capacity in the decade ahead.
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3 `. W" D2 ]: g" c; w! q"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
