Middle East Economic Survey


No 31


ADNOC Cuts In Crude Allocations Held At 19% For September

Abu Dhabi National Oil Company (ADNOC) will maintain its reduction in crude allocations to customers for September at 19% from full contract volumes, having trimmed deliveries by 1% in August (MEES, 6 July). ADNOC said in a statement released on 28 July that in accordance with OPECs decision to reduce production, the September 2009 allocations of Murban, Lower Zakum, Umm Shaif and Upper...