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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.$ `# _- I# }% H. f8 f
. A% V0 x/ Q) T* v6 z" ?" g% o% YThe production and market outlook paints two scenarios.% ^5 S6 Q# y) {: W1 O& W* ^
& ]& c( s" H# y! wUnder 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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4 q, V. |: I+ t! ^/ sCAPP 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./ i: I5 U* c; m' v$ e$ E, y
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"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."
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& R1 M1 h& e" A9 lCAPP sees no need for more pipe-line capacity in the decade ahead.; B2 J& f7 n; E' z
4 P, E8 e& z/ e, O& F"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
