Middle East Economic Survey

VOL. XLVIII

No 18

2-May-2005

Middle East Liquids Production Capacity To Reach 28.3Mn B/D By 2010, Says FACTS

Middle Eastern crude oil and condensate production capacity is expected to grow to 28.3mn b/d by 2010 from the estimated level of 23.9mn b/d in 2003, according to Honolulus FACTS Inc. In the Middle East Crude Outlook report published in March, FACTS analyst Vijay Mukherji estimated actual liquids production in the Middle East (defined for the purposes of the...