Global oil production capacity set to grow by 5.1 mb/d by 2030, IEA says
Global oil production capacity is projected to rise by 5.1 million barrels per day (mb/d) to reach 114.7 mb/d by 2030, driven largely by growth in natural gas liquids (NGLs) and other non-crude sources, according to the International Energy Agency (IEA)’s latest outlook.
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