 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 k, S, L5 V4 ~1 i6 f3 S' Y3 m8 E# s. J0 G# E" I( E/ P
The production and market outlook paints two scenarios.
4 S& b9 U$ Y; \& }9 n
8 E, d0 F3 y' IUnder 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.
9 M% J( Y0 }3 J( a. ]" V% A: W% g% }7 j" z) F
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. Z! E* r. D# o. W O# z
: f2 ~. O) E0 C5 W. i
"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."- K: X; O1 e, q( e' y( H
, s F, ?9 _) X4 g
CAPP sees no need for more pipe-line capacity in the decade ahead.
$ V( r( a) ]; t- D! W. b
' q. G6 Z7 Z5 Z8 d: ~; D"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 |
|