 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.
* f! V* ~' G7 q3 f; S
9 y! u0 Y/ ?: B" J: z- u) D0 _The production and market outlook paints two scenarios.
4 ]) M# ^3 |& i0 m- ?
3 T+ ^5 W" B9 v8 `) \1 t+ n( pUnder 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.
; [, `: M) Q; r5 }1 v0 g& w, G% J! b; o5 P
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.& @3 o& m: [2 _: `9 I$ C% j
( U- v9 D. e0 |" N* R' a"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."
7 y/ h# J" O" ^8 N' o; r- f7 `
6 W6 J6 B4 n. |: \% ?5 Y* Q/ ICAPP sees no need for more pipe-line capacity in the decade ahead.
7 K: k9 ~# K0 Q" R5 Y$ o$ ^6 F/ A$ O6 ~4 Z
"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 |
|