Middle East

United Arab Emirates

The UAE is one of the few Opec members actively investing to boost crude production capacity, as it targets 5mn b/d by 2030 to secure its position as the group’s No.3.

State of Play

The UAE is advancing ambitious plans to become a net gas exporter through developing unconventional reserves and sour gas. Meanwhile, state firm Adnoc is targeting 5mn b/d production capacity by 2030.

2019 In Numbers
Crude Output 3.05 mn b/d
Crude Exports 2.82 mn b/d
Gas Output 7.74 mn cfd
Refining Capacity 1.12 mn b/d
LNG Exports 5.9 mn tons
Oil Rig Count 58
Gas Rig Count 4
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