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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.
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The production and market outlook paints two scenarios.
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2 b( }3 K) B/ B9 F6 x) Y# e6 f: ?6 t5 V% 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.
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+ [1 `, v% f- B+ z1 {% b, m. D9 a4 kCAPP 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.% s3 S5 H% K/ x2 E3 x4 S4 F8 |" L
6 k9 S S( q$ V- o# @2 L) P"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."% t' P- y8 x: Z+ W# y
o1 a; d7 K! nCAPP sees no need for more pipe-line capacity in the decade ahead.: \' i4 k$ {7 \/ Z
# q$ B1 ?8 q- n- v" C"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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