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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.- J! S( E7 [+ [" m" r
- Q+ D3 H5 X# @8 CThe production and market outlook paints two scenarios.
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+ a& O, s5 L0 `) U1 j4 H* DUnder 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 b# W, ~1 O1 \" V. _
; i) {- r/ v& t4 SCAPP 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.* d) J# P5 P6 z2 N% l" }
. `& I8 Y) D2 V* `5 h* j8 Q0 A/ @$ s"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."4 i9 P6 E# k5 {" s% J( Z! K
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CAPP sees no need for more pipe-line capacity in the decade ahead.1 [' Z/ e$ S2 m4 P. {* F! j! c8 n
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"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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