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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.- k. L/ w& o+ Y% `
% L2 c4 T/ | J' l+ h" NThe production and market outlook paints two scenarios.: Z2 ^; L* G! j2 g% e0 A1 o7 E" e! A
3 `- @# _1 `# C1 z7 `1 H d8 JUnder 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.& G2 ~' G! e" X5 h
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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.
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2 c" K" R: S# P/ T% u7 y"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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6 H2 r; w P/ H9 w5 n9 C8 d2 TCAPP sees no need for more pipe-line capacity in the decade ahead.7 D2 ]( @( H/ S' B+ X5 Y1 G( t. P
: s d& @8 k, m"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
