Oil Sands Overview Partial Upgrading Workshop May 29, 2014 1
Looking Forward Continuing Responsible Growth Energy Markets Environment Benefits 2
Global Primary Energy Demand million tonnes oil equivalent Energy Population growth 20,000 Other Renewables Demand Standard of living 18,000 Bioenergy Hydro Growth Nuclear 16,000 Natural Gas Oil 14,000 Coal Ongoing high…
Canadian Production - Oil Sands (Bitumen & SCO) & Conventional Actual Forecast Eastern Canada *PRELIMINARY DRAFT*
Western Canada - Oil Sands (Bitumen & SCO) Actual Forecast *PRELIMINARY DRAFT*
Western Canada - Conventional Actual Forecast 2013 Forecast *PRELIMINARY DRAFT*
2013 Canada and US Refinery Demand
Global Crude Oil Imports and Exports (million b/d) Source: IEA World Energy Outlook 2013 New Policies Scenario
Access to Markets Existing and Proposed Pipelines
Crude Oil Moved by Rail ex Western Canada Exports Q4/2012 96,000 b/d Q4/2013 146,000 b/d Dec 2013 167,000 b/d Source: NEB Opportunities: Relatively quick Flexibility different markets Less diluent Use rail in both…
Looking Forward Continuing Responsible Growth Energy Markets Environment Benefits 11
Partial Upgrading Opportunities and Challenges Energy Growing supply from in situ production = need for diluent supply/imports Diluent sources: liquids rich gas, imports and diluent recycle Environment Greenhouse gas emissions Water…
Full-cycle GHG Emissions Oil Sands & U.S. Refined Crudes U.S. Barrel Refined in the U.S. (2005) Venezuela - Petrozuata US -Kern River Cdn Oil Sands: Mining SCO Nigeria - Bonny Light Canadian Oil Sands: SAGD Dilbit Iraq-Basra…
Being Part of the Discussion oilgascanada www.facebook.com/OilGasCanada www.oilsandstoday.ca 1 4