 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.
9 [( R h5 ]/ b8 j* }* [* N& E7 L# d2 W* F0 l2 A& P
The production and market outlook paints two scenarios.9 S# C8 [% _/ O9 J
# x1 F0 s5 R% UUnder 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.6 |5 d( _/ W0 y; _1 `' g
4 Z1 Z8 ^, A& P) [! n0 s
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. b; U/ B! h, f8 [; N( e
- x3 t. `) `9 f9 N; u' ?* s4 t' a( C
"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."
- g" K! A6 s; `2 C3 t5 w8 U R4 R% h V, N% v' a6 D0 U
CAPP sees no need for more pipe-line capacity in the decade ahead.
, N) _; n* r: Z# l2 q9 o( l. s5 j+ h$ s. K
"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 |
|