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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.0 W1 J- k3 W5 j9 ^ P5 i
7 G. g( E; @+ j- }2 p5 cThe production and market outlook paints two scenarios.
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# D" T, h$ I, m* ?4 WUnder 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.. k$ ]9 ]8 ^: T6 L6 B3 F8 P
1 H- [- W$ P; E$ E% ZCAPP 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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"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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9 v* h+ L0 r; k9 s' Z( uCAPP sees no need for more pipe-line capacity in the decade ahead. p: v+ y D) R# }% h
) E' K% S6 B0 Z n7 @/ `2 L+ A"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
