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UAE's Increased Production Targets Fuel Oil & Gas Plant Expansions

UAE


Attachment: UAE OG 0421

NEW DELHI--April 21, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Abu Dhabi National Oil Company (ADNOC), the state-owned oil company of the United Arab Emirates (UAE), aims to produce 5 million barrels per day of oil by 2030. Major plant expansions account for about $4 billion of the $122 billion that ADNOC plans to spend over the next five years.