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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.9 j) n! b# [2 p0 M V2 D: E9 U8 r+ R
/ D% m; W2 A9 F+ C4 v% _The production and market outlook paints two scenarios.6 Z; t" I" B+ {5 p3 S' Q1 S# F7 P/ D
1 G( ?- I% G5 [- t9 |) M) M' ?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.% h; Y! q) c& C+ l0 ]1 V
# U2 g4 W8 {4 C3 \: l! I2 i; qCAPP 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.. ^- `$ U B# O
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"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."# R- R6 r& |$ Z
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CAPP sees no need for more pipe-line capacity in the decade ahead.
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" d% R% [5 ]3 I"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
