 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.0 a* b( Z' p, t$ k9 P$ H+ ~% \
' m1 \. c7 w2 P. d; _) Y- _
The production and market outlook paints two scenarios.8 Q5 v8 h9 W" y7 m. ^# d% B: r
7 F9 L5 _0 L2 Y# o5 |
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.
8 ^0 s9 ^' @8 a% [5 H# x/ l- M3 G, j; Q2 [, w& n
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.( `8 S8 L& E5 U) [5 H
. V! n" N9 c5 M( {$ C0 E) o& O
"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."
& a u5 h. r% K" L7 Z/ D' J
% y O0 |; u$ H# Q4 `CAPP sees no need for more pipe-line capacity in the decade ahead.- U# D: k) W2 E) K
. Z3 }1 K; _4 a6 a* D- p0 l( B
"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 |
|