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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.- p0 P8 T& {, |
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The 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.( t7 [- ^) _; i7 ~# G
7 b) t' N% |% l6 F# gCAPP 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.
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* _# U' _6 c- }: a/ }4 q, ~" W"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."% }$ O+ d# z8 Z
( s1 p6 t, `, B6 N9 pCAPP sees no need for more pipe-line capacity in the decade ahead., Y& |$ u- ]! G# m9 _
0 v/ m7 `+ t0 h* z. B6 N"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
