 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.
5 u' o! y3 |" A) c0 O/ ?3 Q7 O- P7 F
The production and market outlook paints two scenarios.$ } P# v0 \, S
0 o' J; r1 ^ Z. Q1 k6 e
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.( ?0 j% l- L: L, s- i
X- d4 A$ i' z( ^( `
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.
$ a1 T. L$ r1 x3 H7 h
/ f' U6 N4 G3 O5 O G5 O! Y"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."
, Z8 d* b: k% V7 {5 i# s. |; t! `
CAPP sees no need for more pipe-line capacity in the decade ahead./ u3 {7 E, M5 _. t$ h3 s
3 E6 x) t4 q% Q4 m) c. N9 v6 Y9 }
"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 |
|