 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 q# M+ _6 M4 v5 G8 c7 i5 t' V$ O6 T5 z8 R h( \& X! O2 Q
The production and market outlook paints two scenarios. U* {. N; R+ T6 |" m6 g' H' d: M
x. n6 m: e# d ^0 c JUnder 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.7 P5 X; ?# N; P" e) O
' b) m" d m l0 R0 u2 U* ICAPP 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.
) L: U' ~4 v U" |; d; y# c3 ]6 D* _7 h
"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."
, S7 {& E' X: y0 J1 ]5 u- g# J) W2 L& U9 c/ F: |1 x
CAPP sees no need for more pipe-line capacity in the decade ahead.
* e1 u8 h3 F7 {1 U1 t$ c# `& T _) Q# |" j& `7 Q, }0 ~; y y
"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 |
|