BAKU, Azerbaijan, Oct.18
By Leman Zeynalova – Trend:
Non-OPEC oil production is expected to more than half in 2050 as compared to 2020 levels, Trend reports referring to the International Energy Agency (IEA).
The table below shows the expected oil output by non-OPEC countries in 2030 and 2050 in three different scenarios (mb/d):
Stated Policies |
Announced Pledges |
Sustainable Development |
||||
2030 |
2050 |
2030 |
2050 |
2030 |
2050 |
|
Non-OPEC output |
63.8 |
56.2 |
59.1 |
39.1 |
53.6 |
25.9 |
Non-OPEC oil production stood at 58.3 million barrels per day in 2020.
OPEC oil production is also expected to fall from 30.9 million barrels per day in 2020 to 19.6 million barrels per day in 2050.
The table below shows the forecast oil output by OPEC countries in 2030 and 2050 in three different scenarios (mb/d):
Stated Policies |
Announced Pledges |
Sustainable Development |
||||
2030 |
2050 |
2030 |
2050 |
2030 |
2050 |
|
OPEC output |
36.6 |
43.7 |
34.6 |
35.4 |
31.7 |
19.6 |
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Follow the author on Twitter: @Lyaman_Zeyn