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ADNOC to cut oil production

  • United Arab Emirates: Tuesday, December 29 - 2009 at 09:54

The Abu Dhabi National Oil Co. (ADNOC) has announced it will reduce oil production starting from February, 2010, in line with OPEC decision to cut production, WAM has reported. The rate of production cut from various sources will be 13% for Murban, 15% for Lower Zakum, 15% for Umm Shaif, while the Upper Zakum will have a 10% cut.

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