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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.: D, R1 M- |* J! X5 u
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The production and market outlook paints two scenarios.
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: j) X- d6 q# T$ t b" z, {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.; o! M* g J/ E0 y2 s# }
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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.
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/ g) u5 m- I- g5 B- I1 ]"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."
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- a2 H% T7 A- V8 G6 ?3 U1 {! k RCAPP sees no need for more pipe-line capacity in the decade ahead.% Y6 B/ t% q) e& i8 m5 k) M- v
# R( i) E' ?9 H8 v9 b; G"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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