UAE to increase oil output up to 5mbpd

The UAE is set to increase its oil production to over five million barrel per day within the next seven years, UAE Foreign Minister Shaikh Abdullah bin Zayed Al Nahyan announced here yesterday.

Shaikh Abdullah, who is on an official visit to China, also revealed that his country has embarked in recent years on alternative energy sources in a bid to provide clean energy.
“The UAE’s oil sector has seen significant strides in recent years. Our current production is over 2.5 million bpd and the country is set to increase output to over five million bpd within the next seven years,” Shaikh Abdullah said in remarks during a meeting with Chen Deming, vice chairman, National Development and Reform Commission.

Khaleej Times