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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.6 A+ [, w- R7 {, ]' F5 p7 S4 Q; v- ~
! B, }8 O9 l0 m& c5 x( RThe production and market outlook paints two scenarios.
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: n0 y- [& M! {/ rUnder 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.1 N6 B; {& d: v4 _
6 p' q4 L6 \- P2 v9 F; aCAPP 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.
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: |5 _( S( J6 u- Z"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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+ e9 t" R! S# a; gCAPP sees no need for more pipe-line capacity in the decade ahead.0 q' F. f0 v* b D) V! j
+ k( h/ l2 I% @( ?5 l4 W8 `+ \7 ?"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
