VOL. XLI

No. 13

30-March-1998

UAE

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...