Thursday 23 February 2012

gulfnews : UAE's January average oil output at 2.58m bpd

The UAE's average oil output in January was at 2.58 million barrels per day (bpd), unchanged from December, latest data from the Paris-based International Energy Agency (IEA) showed.
The IEA said the Organisation of Petroleum Exporting Countries' (Opec) crude oil supply in January largely reflected the steady ramp-up in Libyan output, as well as "sustained output from Saudi Arabia and the UAE".
The IEA figures showed the UAE had a sustainable production capacity of 2.74 million bpd.

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