 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.4 o- p6 E0 c$ ^
9 A F, L9 \- ^6 Y8 u8 k; SThe production and market outlook paints two scenarios.7 b2 i6 M; p) V
+ f( ^" ]; \4 H1 M( OUnder 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.2 }& e9 R) v2 i A' }9 M5 Y
9 ~- X: A" n& S/ l$ oCAPP 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.
- | x! n: j! w) Z: {: v- ]
: a2 h2 q" y5 }: l2 o"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."
' a* Q6 g8 Y3 @, ]0 Z0 S3 w, z5 m
; j% J5 x! [8 T" v& o5 p; XCAPP sees no need for more pipe-line capacity in the decade ahead.- S9 W, I5 o7 R7 z [/ E2 i
( J+ Y0 g" G! A
"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 |
|