VOL. XLIII

No. 14

3-April-2000

UAE

Dubais Crude Oil Production Drops To 170,000 B/D

The Crown Prince of Dubai and UAE Defense Minister, Shaikh Muhammad bin Rashid Al Maktum, said on 24 March that crude oil production in the emirate had dropped to 170,000 b/d, "making it one of the smallest producers in the region." He told a press conference in Dubai: "The Emirate of Dubai over the past years has successfully switched from dependence on oil as a major and unique source of income by finding new...