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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.
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% Z. ?' O4 u* b0 [6 K! b7 }The production and market outlook paints two scenarios.
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" ^4 y- L# p" `6 q. v3 kUnder 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.
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$ g7 z( P3 F( r1 [( i" P- iCAPP 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., g* x- h; @4 k
0 Q, j/ ]1 Z4 H"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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% h# O3 b& {6 e' q8 zCAPP sees no need for more pipe-line capacity in the decade ahead.! E. O/ a) [" J7 _- h
: q, G; d* t$ Q/ b- _7 f8 ^0 X"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
