No. 13



Abu Dhabi Notifies Producing Companies Of Cuts In Output Allowables

MEES learns that the Abu Dhabi oil authorities have notified the emirate's mainoil producing ventures to cut back production by a total of 125,0000 b/d, with effect from1 April until the end of this year, in line with the recent Riyadh production agreement.The allowables of the three operating ventures are to be reduced as follows: ADCO(onshore) by 30,000 b/d to 960,000 b/d from the previous...