 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.3 O% I3 F; [, K/ s7 z! v
9 m* j) E3 |6 P
The production and market outlook paints two scenarios.
# ~ ? `5 y& [- Y7 v
3 h4 G" Z: {( F; t$ k" JUnder 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.
' j, G( a1 y9 d0 D/ ~# R0 \1 _5 w; [2 J3 S( d2 u7 t! @
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.. b& P! S4 m- z, m5 ~
+ s. x. w- b+ h" x) r
"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."* @/ `" w# _6 |- G! h
/ @; X* y) a, ^! y7 ]$ y* {" a
CAPP sees no need for more pipe-line capacity in the decade ahead.
H* T D5 x* a+ A S: ^2 \# a+ s, K* ]" C0 D9 g( u! C
"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 |
|