 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.& b! R; B$ u+ X
) B% h% ?7 f! @
The production and market outlook paints two scenarios. e4 A; w/ L0 @8 U
$ v4 Q& q1 A# }" |/ r- c
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.3 D) P J# H0 k, {' [% ^
/ `* s& y$ \' p+ J" h# l) V$ x/ s$ 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.
) L) r- [1 k0 V5 z& r6 Z7 R! i3 M+ D! T; d
"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."8 Q+ d: G; }1 z; Z# }
# x6 v0 q6 P# eCAPP sees no need for more pipe-line capacity in the decade ahead.
+ b+ n$ y4 h( d4 \: J) A: Q, s0 h7 `. d
"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 |
|