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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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6 f8 X7 u) _2 E- m$ B% BThe production and market outlook paints two scenarios.
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6 k/ u& r* a" _; ?2 sUnder 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.
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& ?& w3 t. Y7 c, u) OCAPP 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 ~3 x" y6 b3 X. I+ Y: g
3 G! T" p7 H1 x* H' }4 F" r [6 K"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."' F7 u* c1 s5 m7 ^% ?0 W
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CAPP sees no need for more pipe-line capacity in the decade ahead.) r; t* i; F( X f ~
- U' B, Y# N5 z( v B$ o3 ]"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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