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ADNOC confirms available production capacity
Submitted by Editorial on Tue, 2018-07-03 09:56
03rd July 2018
ADNOC has the ability to increase oil production by several hundred thousand barrels of oil per day, should this be required to help alleviate any potential supply shortage in the market. ADNOC emphasized that, working in close cooperation with the UAE Ministry of Energy and Industry, it stands ready to increase its production in alignment and coordination with OPEC and the OPEC and non-OPEC Joint Ministerial Monitoring Committee (JMMC).
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