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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.( S0 Q9 H/ E7 b0 c' e
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The production and market outlook paints two scenarios.
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8 `8 ?9 Z+ J6 i/ J0 T, hUnder 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.# Q" T; Q' o! d. m2 N
5 \# s8 t4 q* V5 `& U. oCAPP 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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+ b. s: x* D; E0 W% K6 Q9 I" i"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."! y' u# Z8 e3 x3 ^, N
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CAPP sees no need for more pipe-line capacity in the decade ahead.
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) d# L/ k2 g1 p4 n( j"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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