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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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+ T1 a" n; J2 g1 n* YThe production and market outlook paints two scenarios.2 H* c( f/ P! `5 a' k7 ?( `
- \6 h8 M0 w, V0 W" kUnder 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.( k C2 N3 V& e0 ?
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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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2 D" l: ? H: ^# g( V! r"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."
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1 F) ]% }6 C1 U+ y. J3 I. mCAPP sees no need for more pipe-line capacity in the decade ahead.* G ^0 ^( X$ k* _. T1 g* M3 n
) F; i/ ?7 q/ ^) G6 {( g& d/ X"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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