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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.% y; D! E- @4 ?) _
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The production and market outlook paints two scenarios.
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6 g3 M% Q9 Q5 n" z4 \$ 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.7 I5 {! b8 D1 E1 A
3 G2 b) S- {3 I5 p9 a ^( v4 _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.) @; v, L/ @ d0 O' \) h% ` Q
! n* {) { u4 F+ O1 F4 F# 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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; K0 r# d. `+ ^8 d1 m7 @CAPP sees no need for more pipe-line capacity in the decade ahead.+ U" [. J7 R4 ^; g
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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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