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UPDATE 1-Norway sees rapid growth in oil output from 30-year lows

(Adds 2020 output forecasts)

STAVANGER, Norway, Jan 9 (Reuters) - Norway's oil output will increase by 43% between 2019 and 2024 as new fields come on stream and older production facilities are upgraded, forecasts from the Norwegian Petroleum Directorate (NPD) showed on Thursday.

Crude production from the country's offshore fields is now predicted to hit 2.02 million barrels per day in 2024, up from 1.41 million last year as major oilfields Sverdrup and Castberg gradually come on stream.

By 2023, the combined output of oil and gas will reach close to the record level seen in 2004, the agency said.

Natural gas production in 2020 is predicted to rise to 117.1 billion cubic metres (bcm) from 113.2 bcm in 2019, but below a previous forecast of 120.2 bcm, it added.

The NPD now expects Norway's oil output to total 1.76 million barrels per day in 2020, up from a previous forecast of 1.74 million made a year ago. (Reporting by Nerijus Adomaitis, editing by Terje Solsvik and Gwladys Fouche)

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