VOL. XLVI

No 32

11-August-2003

UAE

UAE Production Capacity To Approach 3.60Mn B/D By 2006 Assuming Upper Zakum Expansion Proceeds

The UAE (Abu Dhabi, Dubai and Sharjah) plans to increase sustainable production capacity from the current level of around 2.63mn b/d to a figure approaching 3.58mn b/d by 2006, MEES learns. The whole of the planned expansion will come from Abu Dhabi and is largely dependent on an agreement being reached with international oil companies (IOCs) for the expansion of the...