 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.
6 v3 y% y, ]9 _" b: n) P# C9 p& \, } w2 Z* O; [2 u+ ~2 ~
The production and market outlook paints two scenarios.7 R7 B0 s0 V. K1 @
' `* g* Q9 @4 X3 D$ U( a% fUnder 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.
4 B- T5 F( X3 z( A2 y2 T' M0 i
7 d) ~7 ~; g# r) o' l# \, LCAPP 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.
7 Y. F6 J E3 P( I9 g9 y \4 b3 D, Y2 R' f" a1 c
"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."; n. f9 W6 a2 b# S
1 R4 p. Y% w' w R; ^CAPP sees no need for more pipe-line capacity in the decade ahead.+ J7 |' ~, v( Z
& t8 _7 r" ^( R6 x' F! r
"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 |
|