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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.# A1 ^" @* H& h0 @( E
+ M5 q& ~$ s' R( I* OThe production and market outlook paints two scenarios.1 r O% e+ O, Q, n/ Z$ O
. C- x1 x( y/ b5 c% R' yUnder 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.8 _+ e, w) ^" H+ `: A
" O8 U2 S* u7 f1 U2 bCAPP 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.$ n6 u, }! [# C7 l; K2 p
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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."% `0 }2 z" x5 C+ J0 `0 }6 v
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CAPP sees no need for more pipe-line capacity in the decade ahead.5 K$ Y# |. H1 A' l5 T) h; Y
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"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
