UAE Crude Reserves Record 97.8 B bbl

UAE Crude Reserves Record 97.8 B bbl

The United Arab Emirates (UAE) has announced that the country’s crude oil reserves stood at 97.8 billion barrels of oil in 2019, according to WAM.

On top of this, it was also revealed that the country’s production of crude oil stood at 3.058 million barrels per day (mmbbl/d) during the same period. In terms of natural gas production in the UAE, it reached 109.8 billion cubic feet (bcf).

In terms of refining, the country’s overall refining capacity reached 1.127 mmbbl/d, which was made up of Al-Ruwais Refinery’s contribution of  817,000 bbl/d, a further 85,000 bbl/d at Abu Dhabi Refinery, 140,000 bbl/d from Jebel Ali , and 85,000 bbl/d from Fujairah.


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