UAE moves ahead with oil and gas sector expansion

摘要

Abu Dhabi National Oil Corporation(ADNOC0is moving ahead with a major oil and gas production expansion programme designed to increase the UAE's sustainable crude oil production capacity by almost 1mn b/d,from a claimed 2.63 mn b/d at present to 3.58 mn b/d by 2006.Apart from enabling local oil producing companies to respond more readily to changing demands inthe global crude oil market,the programme also involves modernising the UAE's oil and gas industry infrastructure as well as expanding the undeveloped downstream chemicals and petrochemicals sector.David Hayes reports.