 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.
; @0 V4 h, A: Q4 e; c9 R" A4 h
- \! S) i* m! o% O$ ], X X: [The production and market outlook paints two scenarios.
, x! P3 x) z3 z M" o( E" P1 @! g8 S5 z4 B) a
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.- G B1 T9 q/ W) j; Y
1 g( {/ V2 I% e+ m$ F( yCAPP 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.# T5 _1 ?3 E" | E( N9 D
' l2 u3 @6 ?/ @) `. d! M/ q 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."
! o" g8 |0 `. \; n+ t
$ ]& P& c: T( k* U3 YCAPP sees no need for more pipe-line capacity in the decade ahead.
+ t5 r+ F" ~# z `; ?" ?- t) y8 W' I F, J
"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 |
|