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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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; Y) d: a4 [, x9 j, MThe production and market outlook paints two scenarios.
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. M2 G0 [8 F, k7 [& |Under 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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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.
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j& C6 t( m3 B: ^/ o8 J7 C6 P"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.") T2 [7 Q' ^) c n/ z6 M9 H0 G
$ e( |9 Q9 a1 j8 N# x1 { t6 PCAPP sees no need for more pipe-line capacity in the decade ahead.
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( A, m8 }3 H/ s) i4 T$ 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 |
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发表于 2009-6-6 17:59
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