Oil reserves in the United Arab Emirates

Oil reserves in the United Arab Emirates, according to its government, are about 98.63 billion barrels (15.681×10^9 m3), almost as big as Kuwait's claimed reserves. Of the emirates, Abu Dhabi has most of the oil with 92 billion barrels (14.6×10^9 m3) while Dubai has 4 billion barrels (640×10^6 m3) and Sharjah has 1.5 billion barrels (240×10^6 m3). Most of the oil is in the Zakum field which is the third largest in the Middle East with an estimated 66 billion barrels (10.5×10^9 m3). The UAE produces about 2.9 million barrels per day (460×10^3 m3/d) of total oil liquids, but has stated its intention to increase this to 5 million barrels per day (790×10^3 m3/d) by 2014. The UAE's reserves-to-production is about 93 years.[1]

References

  1. "United Arab Emirates Oil". Country Analysis Briefs. US Energy Information Administration. 2007. Retrieved 2008-04-27.

Coordinates: 24°58′29″N 53°40′47″E / 24.97472°N 53.67972°E / 24.97472; 53.67972

This article is issued from Wikipedia - version of the Wednesday, April 27, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.