 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.
% Z/ P- N7 P2 v8 P; ~5 @$ X- T4 `: D) e$ M3 j/ \0 T
The production and market outlook paints two scenarios.
1 L% |' s6 Z* Y/ B" }0 @' E! q- q* J& u8 A9 `
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.1 X& _5 ~ ^5 v, L, j' M
y7 [" {& s5 N3 lCAPP 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 T p/ K* V- }- d' y5 R+ Z: v% y
4 X0 f, e% m6 b; n"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."( Z; N$ e% ~: w7 D7 {) f
( o7 I5 f. ]5 z- u+ ]
CAPP sees no need for more pipe-line capacity in the decade ahead.
2 o/ z* R2 F0 }# e* o: m. K u- \/ a l! T
"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 |
|