NO. 48


UAE Output Soars

UAE crude output appears to be soaring beyond even the highest earlierexpectations. According to MEES sources, UAE production has risen from 1.45mnb/d in July to 1.7mn b/d in August, and is programmed to increase still furtherto 1.95mn b/d for September.

With Dubai producing at a maximum of a little over 400,000 b/d, this meansthat Abu Dhabi output has risen from 1.05mn b/d in July to 1.3mn b/d in August,and is programmed for 1.55mn b/d in...