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.
2018 In Numbers
Crude Output
2.97
mn b/d
Crude Exports
2.38
mn b/d*
Gas Output
60.4
bcm
Refining Capacity
1.12
mn b/d **
Oil Rig Count
52
Gas Rig Count
4
*2017, **End-Year
| Crude Output | 2.97 | mn b/d |
| Crude Exports | 2.38 | mn b/d* |
| Gas Output | 60.4 | bcm |
| Refining Capacity | 1.12 | mn b/d ** |
| Oil Rig Count | 52 | |
| Gas Rig Count | 4 |
*2017, **End-Year
Refining & Petrochemicals
3 Jan, 2020
Featured
Fujairah: IMO 2020-Ready
The UAE’s Fujairah is well placed to retain its position as the Middle East’s leading bunkering port following this month’s tightening of IMO regulations.
Fujairah Oil Storage Facilities
NEWS IN BRIEF
UAE’S Borouge Licenses MTBE
24 Jan, 2020
Adnoc, Eni Sign Up To Carbon Capture Cooperation
24 Jan, 2020
Taqa Completes $3.5bn Refinancing
10 Jan, 2020
Oxy Kicks Off Abu Dhabi Drilling
10 Jan, 2020
Adnoc, Reliance Petchems Tie-Up
13 Dec, 2019
Masdar Plans Armenia Solar PV
6 Dec, 2019
Mubadala Eyes Brazil Refineries
6 Dec, 2019
UAE Eyes Early 2020 Nuclear Start-Up
29 Nov, 2019
SELECTED DATA
Shah Sour Gas Field Sales Gas Output* Hits New Highs In Second Half Of 2018 (Mn Cfd)
UAE Oil Exports On Course For 2019 Increase As Key Asian Buyers Hike Q1 Purchases (‘000 B/D)
UAE Closes Gas Production Deficit, But Piped Imports From Qatar Hit Record High (Bcm)
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