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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.. B- ?7 _/ n2 L4 H- l8 u c+ w
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The production and market outlook paints two scenarios.) T; h9 Z8 z& l5 |' Z# U
& M' K$ ~% h: D$ w( lUnder 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.: T- ?% G5 A$ q- W9 q3 ?7 t
. f/ t; U0 C M/ wCAPP 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.6 x" v! y% r2 _1 g$ s* J4 o
; O4 I+ Z) _+ T0 H& {"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."$ V/ i% ]& Q. H6 z3 l# J2 D
1 o7 T+ ]& O8 }( r$ vCAPP sees no need for more pipe-line capacity in the decade ahead.
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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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发表于 2009-6-6 20:32
