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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.4 k/ ^2 W! y1 L9 ~- {
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The production and market outlook paints two scenarios.3 ~2 z: I" w/ e7 k* x
5 z2 Q# `, q( yUnder 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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9 w" J, }) _4 [! tCAPP 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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" s' V* A% b4 t* Z9 j) a"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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0 J8 v6 v& I" y1 ]CAPP sees no need for more pipe-line capacity in the decade ahead.* o& M; p5 r. @. N
6 h2 @- A% n' V) o+ Q"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
