 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.
- \; s* |7 K5 m, b) g% i
% }4 J5 l$ C, d, R @; mThe production and market outlook paints two scenarios./ h$ L. d5 q# X4 |. ~4 _& G
8 U ~# x0 D3 _& S
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.4 Z% S) W0 }7 o: O& D. {
0 m) L8 K; \0 x1 ^4 s. MCAPP 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.8 \6 R, c# G1 a
% \/ S& Q% e6 V/ |
"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."! u' F. B+ W. U. E' T# a
; b( j: W! K9 O" U
CAPP sees no need for more pipe-line capacity in the decade ahead.
3 X2 k2 z( P2 z# w/ x
) U9 |+ b) X( N! }8 }$ @"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 |
|