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 | 2.78 | mn b/d |
| Crude Exports | 2.65 | mn b/d |
| Refining Capacity | 1.26 | mn b/d |
| Oil & Gas Export Revenue | 38.4 | $bn |
| GDP Growth | -5.8 | % |
2 Dec, 2022
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Adnoc has brought forward its 5mn b/d crude target from 2030 to 2027 and is hiking investment to achieve it with a gas IPO eyed to raise more cash.
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