Middle East Economic Survey
VOL. LIII
No 31
2-Aug-2010
ADNOC Holds September Crude Allocation Cuts At 10-20%
Abu Dhabi National Oil Company (ADNOC) on 26 July announced that crude allocations for customers during the month of September 2010 would be held at 10-20% below full volume. For September, the allocations for Murban and Lower Zakum crudes will be reduced by 20%, while the allocations for Umm Shaif and Upper Zakum will be cut by 10%. ADNOC said in a statement that the cuts were being made...
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