IEA: UAE December output hits 2.28m bpd

04 February 2010

According to the latest estimates by the International Energy Agency (IEA), the UAE's crude oil production in December rose marginally over the previous month to 2.28 million barrels per day (bpd) with the country's compliance with production cuts previously announced by Opec standing at a high 98%, Gulf News has reported. For the full year 2009, the country's oil output averaged 2.27 million bpd, 12.2% lower than the 2008 average, the IEA said.

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