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Last updateThu, 26 Apr 2018 2pm

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Canadian Oil Sands Projects Drives Need for More Pipelines

Canada will need more pipelines built through to 2030 to transport an additional 1.3 million barrels per day of oil sands production to markets across North America and around the world, the Canadian Association of Petroleum Producers (CAPP) announced in its 2017 Crude Oil Forecast, Markets and Transportation report.

Overall Canadian oil production will grow to 5.1 million b/d in 2030, up from 3.85 million b/d in 2016. This 1.3-million-b/d growth will be driven by a 53-per-cent increase in forecasted oil sands production of up to 3.7 million b/d in 2030 from 2.4 million b/d in 2016.

Conventional oil production is expected to remain flat, producing 884,000 b/d on average throughout the outlook. 

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