• HSBC

ADNOC cuts oil supplies

  • United Arab Emirates: Tuesday, June 30 - 2009 at 10:23

Abu Dhabi National Oil Co (ADNOC) has told its customers that in compliance with the UAE's production quota set by OPEC, it will cut their allocations by 19% for August 2009 shipments from its four wells, Murban, Upper Zakum, Lower Zakum and Umm Sheif by 19%, WAM has reported.

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