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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.8 x I$ `1 e3 c0 w* ^
) ?0 \+ ]! _7 {6 N0 E8 Y1 |* L( n. dThe production and market outlook paints two scenarios.0 H1 |) D7 A1 O6 l
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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.! w% T4 H! h! e) I% @5 c9 q0 G
7 _0 L. F" t! ^1 ZCAPP 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.
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2 Y5 j( o2 X9 d" l0 Y" j* P& e0 l"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."5 Z$ c5 f! A* r* t! N2 h3 E
$ q, T% z' V" U @6 aCAPP sees no need for more pipe-line capacity in the decade ahead.9 p5 {4 W0 T- @: B# m7 [
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"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
