No 12



Qatars Oil Production Averaged 694,000 B/D In 2002, Says Central Bank

Qatars oil production averaged 694,000 b/d in 2002, up from 680,000 b/d in 2001, according to Qatar Central Banks Twenty Sixth Annual Report 2002, published in December 2003. The figure for 2001 matches the MEES estimate for the year. But the 2002 figure contrasts with the MEES estimate of 640,000 b/d (MEES, 13 January 2003). The report adds that the price of Qatari oil increased by 3.5%,...