Oil and gas stocks dubai list
Oil production for February of was 2. January and February average was 2. Some of UAE crude oil streams includes Murban, a lightweight and sweet low sulfur crude oil, and Das, a blend of two existing streams, Umm Shaif and lower Zakum crude oil streams.
The oil rich nation plans to increase crude oil production to 3. According to the U. Africa and other countries imports accounts for the rest of the import. Despite being an exporter of crude oil, the UAE domestic market imports petroleum product imports namely residual fuel oil, motor gasoline, and diesel fuel. By , crude oil production is expected to amount 3. With a current production rate of , bpd, the field is undergoing expansion work to increase production to , bpd by and eventually 1 million bpd by Each of emirates is responsible for regulating the oil industry, creating production sharing agreements PSAs , and service contracts within its own borders.
Dar Al Khaleej Printing and Publishing.