Middle East Economic Survey


No 8



RAK Petroleum Announces First Oil From West Bukha Field

UAEs RAK Petroleum announced on 17 February the start of production from West Bukha field in Omans Block 8 in the Strait of Hormuz. This follows reports that the Ras al-Khaimah Gas Commission (Rakgas) was receiving gas from the field on a test basis (MEES, 16 February). RAK Petroleum said initial flow rates are 10,000 b/d of 42 API gravity oil and 30mn cfd of associated gas from two...