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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.- v/ ]- Y9 i/ g4 Z2 ^+ ^( ~
9 m$ Y& C7 `% s0 h. GThe production and market outlook paints two scenarios.+ L( d) K5 C; Z6 e! a! W6 @
) P; _8 i. v- AUnder 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.: t+ ?( _! u: ~ r4 {' j0 q }7 X
) w4 ^$ ?% M. @3 q' Y4 qCAPP 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.0 e: {! }# [( h+ p% Y
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"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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$ g* o& q& S' A$ k6 fCAPP sees no need for more pipe-line capacity in the decade ahead.: ~6 N2 O" |6 p( Z! @
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"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
