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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.6 s6 `. P( y4 ?, I9 {
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The production and market outlook paints two scenarios./ e0 e( M! p3 V
5 u* K- }7 ~0 Y- |% y9 ]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.3 {' w V4 V8 t, `& o; |7 z! b
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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.
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& N; T8 ]1 F7 Q"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."1 F5 a M! U/ o! i4 q
- J, S j( i1 x& j' Q- {: G! V! {: jCAPP sees no need for more pipe-line capacity in the decade ahead.9 S) p7 y* U7 ]+ ?/ [9 T3 K
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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
