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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.6 i! t }6 d7 b2 g5 b+ I
( V) ~6 c3 y; c0 Z9 GThe production and market outlook paints two scenarios.8 _0 V6 s0 b& C' U# {* v, y
/ Q2 X; _1 ^: o4 RUnder 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.( \# w: H8 w! {7 I' v/ C& B
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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.1 }* {7 V1 M7 F6 A# e
, w# o% g5 K' k2 R. b9 v4 [' ~"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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6 K8 N6 M$ L4 Z7 i8 ?CAPP sees no need for more pipe-line capacity in the decade ahead.* n5 u& {# {+ w* }) i: W) X" q2 w
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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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发表于 2009-6-6 20:32
