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.
| 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 |
5 Mar, 2021
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Forward volumes guidance and planned capacity increases are also intended to boost the liquidity and ultimate success of the new contract.
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