Dubai's new oil field to start production in 2011

06 February 2010

The Dubai government has announced that 'Al Jalila', the newly discovered offshore oil field, will enter production in 2011, Bloomberg has reported. The oil field is expected to increase crude production by a 'noticeable percentage', once commercial operations starts, the statement said. Oil reserves at Dubai's four other oil fields are estimated at 4 billion barrels and natural gas deposits are estimated at about 117 billion cubic meters.

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