 鲜花( 0)  鸡蛋( 0)
|
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 u! Q+ L( F2 u
0 r4 @5 R4 O% a/ C, a( H v! u
The production and market outlook paints two scenarios.3 _9 n: `2 b/ r+ a
' J0 e) U( E" A. t9 G. W9 @) |
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.
! N, D- H9 B2 _( `+ S* L4 K' X$ K' f" n# W) _" D, s. A! d% X( U
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.
- l9 P4 N! Y( S# Q' _& f9 p
% j* `. @& z, F, d/ d! J% q8 s6 |% d"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."
9 N1 n/ I( d1 y. P& H( G; I9 s
! e, E+ T/ D' D' cCAPP sees no need for more pipe-line capacity in the decade ahead.
" w l9 l: A! Z9 z: }5 w, \! Q
3 i9 h+ j) E+ P" ?- A# Y4 r"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 |
|