 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.
& ?4 B; k" S% ^9 X7 i% r' O0 ?. ?$ _5 K; \3 B6 k7 a; Q: l
The production and market outlook paints two scenarios.$ f7 M, Z/ ]2 y( G5 e
; t2 S. @! k2 d6 Z- q- NUnder 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.3 u, c$ C ]/ Z9 J4 b( H" c9 _
4 t( J7 W' N, j, ^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.! B& D0 B5 z5 Q4 ^; ]
& v$ |9 D7 @0 o6 n"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."
' c0 L, w6 j' B+ U1 J; d
- ?$ [8 @5 c9 I# UCAPP sees no need for more pipe-line capacity in the decade ahead.
5 q1 m3 J# I h* |. h. X; k5 P1 t- C! n3 P0 E% F! S
"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 |
|