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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.+ N+ ? O% X* r5 u6 J
* {, ]% N( B# D0 CThe production and market outlook paints two scenarios.# s# L% h* U1 I. S5 Y1 E1 w
, ]5 R. U, G+ E( M% 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.
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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.4 F) d4 }% S6 _) z0 x+ {
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"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."5 x Y0 `1 h9 D8 X
# B; q8 H+ e# wCAPP sees no need for more pipe-line capacity in the decade ahead.: E. m0 h: c. o1 p1 e
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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
