 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.# n! r% i0 o- j! L$ a
+ w7 K: w; \4 m1 v8 s2 b
The production and market outlook paints two scenarios.
% |. c! |3 X# M* m: c
: v( X( V4 T4 t# p! B% W) 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.
/ X. A. |* ?" `! u/ K( j+ }7 A+ B! v
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.
, F6 t/ x1 {' p4 J2 P
3 U' |9 y% ^: M& 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."' o! ]) M T4 a$ I; K `- |, a
- U& [- B% n. b* WCAPP sees no need for more pipe-line capacity in the decade ahead. S% r" G5 \1 Y) L
; Q) g0 P1 F# o7 f1 U0 z0 F
"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 |
|