UAE
 
UAE Misses 3Mn B/D Crude Target, Set To Become Net Gas Importer
 
The UAE fell short of meeting its target to raise oil production capacity from 2.8mn b/d to 3mn b/d by the end of last year, said UAE Oil Minister Muhammad al-Hamili on 9 January. It pumped 2.6mn b/d in December he told a forum in Abu Dhabi. He also revealed that the Hormuz bypass oil pipeline is delayed and admitted that the country is set to become a net gas importer – a sure sign that its...