 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.1 f. Z. S9 k ~0 b' L% g
# t' e9 g, v; t( b
The production and market outlook paints two scenarios.
, @- D4 P% E0 G2 O8 g' f. z$ l" D/ a& c% T
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.
) E7 j T1 ]; F9 I
* Z4 |" F z9 S% ~* C V: ?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.
# H# g! X$ }9 n- M, x
% C5 l9 S9 S: A3 V+ Y- d/ f"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."
. R4 E* ^0 N) M9 _- s, F% K6 b0 g& W( X8 }! C- o9 Z
CAPP sees no need for more pipe-line capacity in the decade ahead. y4 {# f2 S `* M! z( {
9 N/ n$ l8 o# D& V$ m: [; `"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 |
|