"The UAE has pushed back its target date for producing 3.5 million barrels of crude oil per day from 2017 to 2020 due to some delays in its exploration and production sector, people familiar with the matter said on Monday.
“There are delays in some of the upstream projects and the awarding process of some of the contracts that is causing a delay in the overall target,” one of the people told Dow Jones Newswires.
“A realistic timeframe for the 3.5 million barrels per day target would be 2020,” the person said."
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