OPEC Forecasts Long-Term Shift Toward Caspian Oil In European Market

2025-07-11 05:06:41

(MENAFN- AzerNews)

Kazakhstan and Azerbaijan are poised to play an increasingly vital role in meeting Europe's long-term oil needs, according to the latest report by the Organisation of the Petroleum Exporting Countries (OPEC), Azernews reports. The report forecasts that by 2050, crude oil and condensate exports from the Caspian region to Europe will stabilise at around...

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