UAE's ADNOC can speed up output capacity boost to 5 mil b/d at $30 bil cost: analysts
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Article by:
Dania Saadi, S&P Global Platts
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Date Published:
March 12, 2020
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Who was cited:
Tom Kenison, Upstream Oil Analyst - FGE
Abu Dhabi National Oil Co., which currently pumps around 3 million b/d, can speed up plans to boost production capacity to 5 million b/d before 2030 as it spends as much as $30 billion on fields and accelerates exploration awards, analysts said.
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