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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.% a* V6 }$ Z2 i0 l' T: C
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The production and market outlook paints two scenarios.' e! Q* @+ R6 e: P3 f! {8 I( N' v
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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.; a/ W( [0 T. y
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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.* L2 T& s) r. O4 ^# S# L; l" I2 R' \0 `
( C$ B7 L: e# I9 ["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."' r! I, H- @' q( E/ o, i9 W
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CAPP sees no need for more pipe-line capacity in the decade ahead.7 v/ u$ K2 g3 M0 C) j
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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
