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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.1 f b! C! [% B; u* b, P
* a' e* Q" d9 ~$ i1 G2 s7 f3 oThe production and market outlook paints two scenarios.( F0 h! Q" s0 A" r. K! l w
+ ]% |9 P! G D1 @1 h' H* n9 A- QUnder 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.+ p5 E0 \7 f* H
: S1 q4 b6 o- N4 X7 J* OCAPP 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.) O$ t) K* \3 b' |; m: t5 i
! A8 {- `! \& ?% m$ l; D3 u"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."- _, R5 H m; |4 h
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CAPP sees no need for more pipe-line capacity in the decade ahead.# R3 K0 I- w9 s4 [- `7 I
! y1 d& `, n7 }! s% d1 \"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
