 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.0 _0 v0 R% b$ t$ u; ]7 p
; J) P6 v+ x2 x5 p4 J5 m9 x: l" a
The production and market outlook paints two scenarios.: g# Z8 F$ K# x* q1 T8 o! Z
# @) a, }" B' X) O5 e0 A7 F; Q5 DUnder 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.
2 C O( o3 C& M/ [. b1 I v) x F: @: T$ ~ y+ v( h' ^
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.
; X, s0 E% g; }7 q% a
3 g6 M2 W- a1 z* X, w1 Z"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."/ H8 |, q" J6 s) w2 R: x5 g
: d& v' R' {8 y7 N8 ^CAPP sees no need for more pipe-line capacity in the decade ahead.
- I l, B$ T6 G+ H; X$ F# e" v: w# }3 ^' \6 T ]7 H: K
"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 |
|