 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.
% K0 y) _! M; {8 V
( V! b! z: d, H1 T, C5 E) {The production and market outlook paints two scenarios.
; V2 G( K( U% K5 [: s8 I( [. w6 ~8 x8 Q+ h
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.! C5 X: g( r6 T) W/ T9 x7 q
3 [5 O3 z. z4 V: G0 e( p6 o
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. e H! L$ @# x' k' Q
( h) \4 F. f1 w. v5 [' t
"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."
4 X! E" } [2 Y
4 ]! ^; d H3 J/ w* g/ aCAPP sees no need for more pipe-line capacity in the decade ahead.& Z8 C& q- F5 ]- S6 ]
) B: {8 q( `; t# i"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 |
|