 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.
8 p' U; G$ n1 n" m
. ~9 l( N# O/ V" w PThe production and market outlook paints two scenarios.
5 }+ B6 Y* {7 I0 Z( a! c8 R
0 X3 h, Z6 O9 k: \+ M5 A" }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.
" h- B' @1 k' _: i5 [5 O7 Z( M6 k8 t- t) u7 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.
7 D& X! V9 M0 m8 M2 p
+ E% g$ u/ M% Q) L8 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."
z3 r# w( C1 b: h! S* T/ P- _2 U- t7 G3 i, @
CAPP sees no need for more pipe-line capacity in the decade ahead.6 C* I" U/ \" L F; ~, D6 n: A
& N; \, H# W1 Q7 z
"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 |
|