 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.
3 X( i1 b; z* g7 h2 W7 Z8 Y7 y' S. D0 X* Y: p) M2 I q
The production and market outlook paints two scenarios. M d8 U8 |* ]8 p4 s
6 m1 |. e. r |1 z1 T6 j0 @% r, U
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.
4 b7 f* w( A( u( Z- t: i* Z/ v4 \1 ]8 w8 Q" n2 C/ Z: m
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./ w3 u# {4 g1 u/ a7 T+ _8 [: h
/ c" f* }3 x d5 n/ n2 o! O! B* r
"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."& W: Q) I0 j4 k) b+ F, `% \- {
2 A1 w4 y# m( z$ T& B
CAPP sees no need for more pipe-line capacity in the decade ahead.
( ]8 }2 f4 G3 I1 W' c% h7 z
; @4 W% b% x4 @$ l% x% [1 D( U9 W"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 |
|