Adnoc's unit eyes 1m bpd output by 2019
(Bloomberg) 5 April 2008
ABU DHABI — Abu Dhabi National Oil Co.'s offshore unit will raise output by two-thirds to 1 million barrels a day by 2019, said Ali Al Jarwan, general manager of the state-owned company known as Adnoc.
Abu Dhabi Marine Operating Co., in which Total SA, BP Plc and Inpex Corp. subsidiary Japan Oil Development Co. are shareholders, will raise output by 50 per cent within the next few years,'' Al Jarwan said in an interview in the latest issue of the company's Adnoc News magazine.
Adnoc plans to double gas production to supply the domestic
network, Al Jarwan said, without saying what current output is.
The United Arab Emirates produced 2.56 million barrels a day of oil in February according to Bloomberg data.
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