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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., m; L0 N7 }: g( ^; E% N
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The production and market outlook paints two scenarios.: n8 w# z, c7 p; n; G& S
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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.4 X( ~8 Z# t7 I/ p
) g+ O: v& e- h" }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.# V5 W2 L9 o" G6 V8 v* {& w" ^
5 i: P" _4 F; c5 B' D! X9 I"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 ~! T+ R8 {' {
# `, K& L% A- Y$ o. d; PCAPP sees no need for more pipe-line capacity in the decade ahead.
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' {0 J* `, t2 v- |$ v) E"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
