Canadian oil output is expected to grow by 3.2 per cent this year as production from oilsands projects increases, the country's energy regulator said Friday.
The National Energy Board said it expects Canadian crude output to total 2.81 million barrels per day this year, up from 2009 production of 2.73 million bpd.
The regulator expects output of conventional crude oil to decline about 0.4 per cent, to about 781,000 barrels per day.
By contrast, production of synthetic crude from oilsands projects in Alberta will rise 11 per cent to 854,369 bpd.
Additional supplies of refinery-ready synthetic crude, upgraded from the tar-like bitumen produced in the oilsands, are expected this year from projects operated by Canadian Natural Resource Ltd. and Nexen Inc.
Output of heavy oil and non-upgraded bitumen is also expected to be higher in 2010, with the board forecasting a 2.2 per cent gain from the year prior to 1.03 million barrels per day, the board said on tables posted on its website.