NO. 17



UAE Will Need to Invest $8-9bn to Reach 2.6mn b/d Production Capacity by2000

An investment of some $8-9bn will be required for the UAE to reach asustainable oil production capacity of 2.6mn b/d by the year 2000. Of this sumaround $4-5bn will need to be spent to attain a capacity of 2.5mn b/d by 1995 -the present sustainable capacity of the UAE being estimated at some 2.3mn b/d -and a further $4bn in the second half of the decade to establish the 2.6mn b/d...