NO. 16

23 JANUARY 1989


Abu Dhabi Reportedly Plans Output Cut in February

Abu Dhabi was reported last week to have ordered output cutbacks of 10% for February in its two main producing ventures with foreign equity participation - ADCO (onshore Murban) and ADMA-OPCO (offshore). If substantiated, the cutbacks would amount to some 80,000 b/d 60,000 b/d from ADCO (from 580,000 b/d in January to 520,000 b/d) and 20,000 b/d from ADMA-OPCO (from 200,000 b/d in January to 180,000...