Abu Dhabi National Oil Co. (ADNOC) has quietly increased its self-reported oil production capacity to 4.85 million barrels per day (bpd), up from 4.65 million bpd. This marks the third increase in less than a year as the company progresses towards its target of 5 million bpd by 2027. The update was reported on the company's website and reflects the UAE's strategic push to expand its oil output ahead of an upcoming OPEC meeting.
The United Arab Emirates’s main oil company says it has bolstered its production capacity https://t.co/GuyGNLJ2mk
#UAE’s Oil Giant Raises Capacity Numbers Ahead of OPEC Meeting #oott https://t.co/KvIPcdjfEX
Abu Dhabi's state-owned Adnoc has nudged up its self-reported crude production capacity to 4.85mn b/d, from 4.65mn b/d previously. #oott https://t.co/1k0JqCdfyi
The United Arab Emirates’s main oil company says it has bolstered its production capacity https://t.co/OLTNskegHg
Abu Dhabi National Oil Co. (Adnoc) has quietly raised its figure for the emirate’s oil production capacity for the third time in less than a year as it advances toward its 5 million barrel per day target for 2027. #oott https://t.co/LKG1BvME90
Abu Dhabi’s #ADNOC boosted its official oil production capacity to 4.85 million bpd, according to the company’s website. The UAE is getting closer to its 5 million bpd target. #OOTT #Opec