NO. 15


Equity Holders Cut Abu Dhabi Liftings

First-quarter crude production in Abu Dhabi could fall sharply belowprogrammed levels due to cutbacks in liftings by both equity holding companiesand third-party customers in the face of the government's insistence on the maintenance of official prices. The original allowable program called for anoutput of around 800,000 b/d for Abu Dhabi.

It is understood that the two US equity holders - Exxon and Mobil - havealready decided...