" /> " /> " />

UAE has top Opec quota compliance

24 July 2010

According to the latest data from the International Energy Agency (IEA), the UAE in June had the highest quota compliance with Opec's re-adjusted quota for member countries, Gulf News has reported. "Opec's largest producer Saudi Arabia pumped 200,000 barrels per day (bpd) above target, with compliance just over 90%, second only to the UAE at 95%," the IEA said. "UAE production fell by 20,000 bpd to 2.29 million bpd in line with lower June contract allocations."

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications