Jan 9 - Canadian Natural Resources said on Tuesday it expects production to increase 12% in 2025, betting on higher demand amid tight supplies.
The company said annual average production in 2025 is targeted to be between 1.51 million and 1.555 million barrels of oil equivalent per day (boepd), resulting in production growth of approximately 170,000 boepd or 12% over 2024 levels based on the mid-point of forecast.
(Reporting by Pooja Menon and Arunima Kumar in Bengaluru; Editing by Shreya Biswas)
((Pooja.Menon@thomsonreuters.com;))
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