Thursday 24 July 2014

UAE oil output to hit 3m bpd in 2013

Dubai, January 9, 2013

The UAE has produced around 2.6 million barrels a day (bpd) of crude in December and now it hopes to raise output to 3 million bpd sometime this year, UAE oil minister Mohammed bin Dhaen al-Hamli said on Wednesday.

He said current production capacity of the Opec member country was 2.8 million bpd.-Reuters

Tags: UAE | Oil | Opec | production |

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