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Adnoc cuts supply
- United Arab Emirates: Thursday, October 30 - 2008 at 08:09
Abu Dhabi National Oil Co (Adnoc) has notified its term customers that it will cut its contracted volumes for Upper Zakum crude oil in November and December by 5%, Reuters has reported. Adnoc will also reduce allocations for the distillate-rich Murban crude by 15% in December, and it will lower supply for Lower Zakum by 10% for the same month. Adnoc will also cut supplies of Umm Shaif in December by 5%. November allocations of all crudes except Upper Zakum will be unchanged.
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Jeff Florian, Senior ReporterThursday, October 30 - 2008 at 08:09 UAE local time (GMT+4)
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