Middle East Economic Survey


No 47



Qatars Oil Production Rises 3.8% To Average 720,500 B/D In 2003

Qatars oil production in 2003 averaged 720,500 b/d, an increase of 3.8% on the previous year (694,000 b/d), according to a report from the Qatar Central Bank published in mid-November. MEES data put Qatars average crude oil production in 2003 at 714,000 b/d, compared to 640,000 b/d in 2002 (MEES, 19 January). Liquefied natural gas (LNG) production in 2003 was up 5.7%...