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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.( ^$ N1 y* N. h
0 t0 u7 O* Q+ M- F- VThe production and market outlook paints two scenarios.( p7 H, f- ^( x3 L
) o# T0 x* R2 ~% X: BUnder 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. N$ \1 {; {# ~7 V3 ]# h$ J; h
8 v7 u% U8 h, \ DCAPP 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 P @1 B0 ]7 q, d4 s3 h2 Z
r2 m# H2 I; u# H3 H( e* B"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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1 M M, W2 R( M1 p$ f/ nCAPP sees no need for more pipe-line capacity in the decade ahead.. P0 L4 P5 `0 D: G! _
( I/ X, W* o$ l, b"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
