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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.
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0 o& `% x) K' Q9 z1 T; |The production and market outlook paints two scenarios.- R. J2 {( R& k/ w) y, S& ^* f
+ g/ B4 {& q6 X9 x, Q: PUnder 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.
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c; }8 [2 R! G m9 S- Y0 Z1 gCAPP 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." l0 ~- c) {4 Z/ z& y8 w! ~
7 r0 W) J3 @; P2 N9 f4 i% 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."2 c; _! I3 n1 I9 \& A( H$ _: s
; |$ y" V; i9 A! \; H2 ECAPP sees no need for more pipe-line capacity in the decade ahead./ G( S3 h- r4 q# P; |" o# z
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"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 |
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发表于 2009-6-6 17:59
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