 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.5 d& @6 K! W0 L4 H
" q6 t& D: o( I/ A6 t* o
The production and market outlook paints two scenarios.
- r9 z$ m8 C5 C$ A4 f2 l! N+ `! M. c `, l3 ^" I
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.$ {( l! D; q _4 s9 g( \/ Q
- O0 |' @* T2 m2 {( ^% j ~! A2 ~# iCAPP 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.' s# u2 T7 \; Q4 y7 U
3 ]3 K# z' m; W t- r2 ~ 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."
0 i2 Q& N$ ^2 u; ]7 G$ X T5 h) @% W u; k$ Z: W* [. |! e; r
CAPP sees no need for more pipe-line capacity in the decade ahead.
% ^% e+ y4 U- t% ?' J. R8 L/ P6 m ~1 n& E) 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 |
|