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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.
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The production and market outlook paints two scenarios.9 g6 k$ Z% s: R$ R5 o- w4 B" f, q
$ ~6 a5 [# ]4 B. \; D9 UUnder 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.9 b; {# V5 e8 x3 d8 o$ E
: ?) r+ Z+ g. k6 W& 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. e- v' B4 V1 s h0 J' p- N: V+ [ n
* t( r- b! P0 ]) i2 q4 u$ k& R"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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H' ?' B# d' N+ b- b0 w$ r mCAPP sees no need for more pipe-line capacity in the decade ahead.% k+ U. o$ j# j% H
9 Z, J' L/ m0 m7 k4 v' 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
