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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 K3 ?+ d( J/ F0 X( c8 C
5 Y/ `+ I+ D; w4 a7 y* R* ?6 h$ xThe production and market outlook paints two scenarios.- z+ O5 D$ f* U ~
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Under 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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) f+ G: O6 w: @5 n9 A# {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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"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."& h7 j% @ F2 v! m7 @, H
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CAPP sees no need for more pipe-line capacity in the decade ahead.7 `9 H% D, W8 s8 N, b: d$ Z0 r9 k
. T& w! z5 d9 D- e, u3 `! W0 l"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
