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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.' z5 R) _0 E% N f r9 r/ b
4 p' S) A# I( V2 fThe production and market outlook paints two scenarios.
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) o4 @1 D1 l N% T/ wUnder 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./ o6 o3 h* t8 P
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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.6 g) T* a1 A3 ^5 y/ \
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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."& E: | q5 t4 w
2 s) f" P0 C1 a$ E: O/ nCAPP sees no need for more pipe-line capacity in the decade ahead., q" B# A) t" N2 i! X! Q
: Z+ d0 Q! A! t. `' K1 ]3 t" U"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
