 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.
+ H! K# |2 p! i( Q% D9 ?1 @0 `4 b' }' P9 ?2 V( w8 m& ^
The production and market outlook paints two scenarios.
& [0 T# [. |# N
8 Y# K1 y; |8 C& LUnder 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.( A% I& z7 ] u+ ], \
8 d& S; \' Q- o4 F4 P8 C. 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.
" Z, z8 W6 u! u) ~/ n5 B
9 T! B* p& |+ k7 \: V"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."6 r9 I0 R+ Z) M$ q: {
4 ^9 g( L/ p4 R) q" Q! k
CAPP sees no need for more pipe-line capacity in the decade ahead.
2 n8 e# L- ?- @, [! i8 M1 y: M- U i
, N: X, u$ I; m* r0 @! J! y"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 |
|