UAE’s Main Oil Company Raises Crude Production Capacity
Posted on AllSides May 2nd, 2024
From The Left
The United Arab Emirates’s main oil company said it had bolstered its production capacity, a month before the country meets with fellow OPEC+ nations to decide output levels for the second half of 2024.
Abu Dhabi National Oil Co.’s capacity is 4.85 million barrels a day, according to its website. It was 4.65 million a day at the end of last year, and the company plans to boost it to 5 million a day by 2027.
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