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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.- _ z/ G) I( M% Z* G
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The production and market outlook paints two scenarios., U( g! M6 O1 a: ~, c, v! l" O6 D `0 T
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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.8 z& H. W; y1 N
! `/ a/ f4 D" j/ b$ L4 x( n s- KCAPP 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." R* S" O. h3 B& l' ?5 g; e
# v% T& R" ?; e1 }. Z( r"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 l0 [1 Q% ^6 E8 {
1 K0 i0 [; j/ S+ ICAPP sees no need for more pipe-line capacity in the decade ahead.( g! v! ^$ ^2 ]5 Q- [) _* i
. Z2 Q k @: |4 ~) G; x3 _"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
