 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.) }9 W8 Y2 q6 Z% V8 ]! U
J: x0 N/ W3 s( t# BThe production and market outlook paints two scenarios.
* v$ h6 \9 h Q0 o
, |6 X$ F) e, k: s) YUnder 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.
) Z; [ k0 g3 K" ]* g: G! Y( ~4 x# U) C0 j
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.
9 n+ ]4 u {" V. H7 Q2 }
/ I4 X% @# @2 e"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."2 `9 f, V, x7 ^5 l c
% E$ C. i8 [% e$ S$ o" hCAPP sees no need for more pipe-line capacity in the decade ahead.: n; x. e% {% R8 f( S6 T
/ O: ~- {& t3 ?- @# U8 D
"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 |
|