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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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o3 s, L- y0 r' J' gThe production and market outlook paints two scenarios.- r! \5 X1 Z5 y
3 O8 n4 H+ C. X( S6 y! T7 vUnder 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.: v! e* g4 h4 \, z9 d1 |5 T
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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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. s! c& k5 h( ]' a& Z- Q6 ^6 Q: ~ k"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."8 G" F+ o7 X8 X2 X! y0 x( U
% l5 U+ c ^0 X- NCAPP sees no need for more pipe-line capacity in the decade ahead.- O5 K8 ^8 f& X R }
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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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