VOL. XXXI

NO. 33

23-MAY-1988

ABU DHABI CUTS PRODUCTION AS FROM 15 MAY

After reaching an output of over 1mn b/d in the first half of May, Abu Dhabiis implementing a production cutback starting on 15 May. Though the preciseextent of the cut is not yet fully clear, initial indications are that production will be reduced by some 150,000-170,000 b/d below the level prevailing inthe first half of May. In effect, this would bring Abu Dhabi output down fromaround 1.03mn b/d to somewhere in the...