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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.
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8 W7 \+ S# h* N( FThe production and market outlook paints two scenarios.
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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.: x: ~. j& M& Z: y8 v0 i$ f
W$ i' |8 b! K! n. i( qCAPP 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.# ^, Y7 r ^, `. k6 s+ D, j) `1 A6 T
* I* C: 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."2 K1 | |+ ^2 \: S* q
& }9 Y, l, H4 rCAPP sees no need for more pipe-line capacity in the decade ahead.# P8 g8 @9 O. F- a% _
4 k- f. _( y5 T) Q: Q! b a"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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发表于 2009-6-6 20:32
