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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.* p; c- E1 M {# Q* h& l5 l
1 g: x0 B! ]7 `" h8 wThe production and market outlook paints two scenarios.! a5 `& E4 ~) l
! T9 X9 i& q4 f% z$ ^' I; n0 ^) ^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./ r" O1 f* B+ w
9 `/ a4 Y! j( Z) X& {. {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.' W/ Z# {. T& [. W
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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."9 a) E9 j# O6 R2 U. i- V3 a
$ k6 a$ w6 G3 C# k. ~7 WCAPP sees no need for more pipe-line capacity in the decade ahead.
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7 g, v, u2 o, g6 ?"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
