 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.
5 C) q: g0 E1 m0 m y7 m5 C; c( ?+ C
The production and market outlook paints two scenarios.: s+ q0 H, W( n/ y5 n" t
W6 ^1 Z$ e0 a- I/ D% ^
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.
3 P/ m9 C' u" \
& D. F" p* \1 \. T% o- K3 H# c qCAPP 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.( b. R) Q+ G9 E6 t
* s# i" a) Y/ 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."" ~* v2 _3 G" W) h
" R1 Y, w$ m$ D5 J1 R& wCAPP sees no need for more pipe-line capacity in the decade ahead.
* _6 @1 I, f8 I; _% Z- j, p9 ~+ O6 Z) b$ L
"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 |
|