OPEC forecasts long-term shift toward Caspian oil in European market

Azernews.Az

11 July 2025 12:48 (UTC+04:00)

Akbar Novruz

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...

Access to paid information is limited

Find the plan that suits you best.

1 month subscription

Full digital access to all news for 1 month

1.00₼

Select

3 months subscription

Full digital access to all news for 3 months

2.00₼

Select

-33%

6 months subscription

Full digital access to all news for 6 months

3.84₼

Select

-36%

1 year subscription

Full digital access to all news for 1 year

7.10₼

Select

-41%

Here we are to serve you with news right now. It does not cost much, but worth your attention.

Choose to support open, independent, quality journalism and subscribe on a monthly basis.

By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.

You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper

Thank you!