 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.- [ P$ T! Y1 W- _
' w" x) M; y y, {' E! \- w4 ]3 \The production and market outlook paints two scenarios.- ? N6 x1 b' [% a8 W1 p" i: k: S7 `
# b. [" G% b7 aUnder 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.* `. C) m ?( E7 G; S [. z
* w$ G$ c% Y& I: d- z, c- Y8 yCAPP 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.% f0 E3 [$ H6 i6 B! w5 Y6 l* W, R$ i
9 l1 _6 X. }5 i& w
"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."
) D, g* ~' o9 E3 C" K4 Z( q6 u$ W U* f4 Z, d
CAPP sees no need for more pipe-line capacity in the decade ahead.
2 h, ^+ C7 p* x$ V
5 V: A/ A; w |4 r# P; U( p' v6 U: 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 |
|