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U.S. slightly lowers forecasts of growth in oil supply to non-OPEC countries

Oil&Gas Materials 11 September 2009 13:51 (UTC +04:00)

Azerbaijan, Baku, Sept. 11 / Trend A.Badalova/

The U.S. Energy Information Agency (EIA) forecasts increase by 340, 000 barrels per day up to 50 million barrels per day in oil supply to non-OPEC in 2009. Earlier, the EIA forecasted growth in these countries' supply at 410, 000 barrels per day.

In 2010, the volume of supplies by the non-OPEC counties will increase to 50.19 million barrels per day, the same source forecasted.

According to the EIA September, the total oil supply by non-OPEC countries, was 50.1 million barrels per day in the second quarter of 2009, which is higher by 0.3 million barrels per day than the same period in 2008. The growth in supply was provided, generally, by the countries of Central and South America, and the former Soviet Union.

According to the EIA forecasts, in 2009, oil supplies by the former Soviet Union's countries will amount to 12.98 million bpd and 13.23 million bpd in 2010.

Some 1.04 million barrels per day of the total oil supply by these countries will fell to Azerbaijan in 2009 and 1.18 million barrels per day in 2010, the EIA forecasted.

In 2009, the volume of Kazakhstan's oil supply will amount to 1.53 million barrels per day in and 2010 - 1.66 million barrels. In 2009, the supply of Turkmenistan will amount to 0.2 million barrels per day. In 2010, supply will remain at the same level, the EIA forecasted.

According to the EIA forecasts, in 2009, the OPEC production will amount to 29.01 million barrels per day. In 2010, the EIA expects a reduction by 0.12 million barrels per day to 28.89 million in OPEC's supply.

The State Energy Information Administration is statistical agency of U.S Department of Energy established by the Congress in 1977.

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