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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./ X8 n4 G0 `8 R0 E
; b* }- v" K6 J0 E- B8 {The production and market outlook paints two scenarios.# Z7 y5 `) y+ \' b
& y, z) Q7 W& k6 h1 KUnder 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" _9 w! K% `4 e& F, u& @
$ l; h O$ k. a# RCAPP 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.
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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."$ U# U/ |5 n# m* [5 ~, J; \
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CAPP sees no need for more pipe-line capacity in the decade ahead.
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7 _. }9 @5 a2 X. f) | Z, s4 o"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
