Wednesday, 12 December 2012

Abu Dhabi celebrates 50th anniversary of its 1st crude shipment | GulfNews.com

Abu Dhabi Marine Operating Company (Adma-Opco) late on Tuesday celebrated the 50th anniversary of the first crude oil shipment from the emirate.
The shipment of crude produced at Abu Dhabi’s Umm Shaif field and exported from Das Isaland on july 4, 1962 is considered a turning point in the history of the UAE as it ushered in a new era of drastic transformation of the country from a barren desert region that relied heavily on fishing and pearl diving to a booming economic hub.
Abu Dhabi produces more than 90 per cent of the UAE’s crude oil output, the bulk of which is exported.

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