VOL. XL

No. 51/52

22/29-December-1997

UAE

Abu Dhabi Boosts Production Allowables By 200,000 B/D In Line With OPEC QuotaIncrease

MEES learns that Abu Dhabi - the main oil producing emirate of the UAE - isplanning to raise its crude oil production by 200,000 b/d as from the beginning of nextyear in line with the quota increase allocated to the UAE under the production agreementreached at the recent OPEC ministerial conference in Jakarta. Under the Jakarta agreement,the UAE's OPEC quota was raised...