Oil reserves in the United Arab Emirates
Oil reserves in the United Arab Emirates, according to its government, are about 98.63 billion barrels (15.681×10 9 m3), almost as big as Kuwait's claimed reserves. Of the emirates, Abu Dhabi has most of the oil with 92 billion barrels (14.6×10 9 m3) while Dubai has 4 billion barrels (640×10 6 m3) and Sharjah has 1.5 billion barrels (240×10 6 m3). Most of the oil is in the Zakum field which is the third largest in the Middle East with an estimated 66 billion barrels (10.5×10 9 m3). The UAE produces about 2.9 million barrels per day (460×10 3 m3/d) of total oil liquids, but has stated its intention to increase this to 5 million barrels per day (790×10 3 m3/d) by 2014. The UAE's reserves-to-production is about 93 years.[1]
References
- ↑ "United Arab Emirates Oil". Country Analysis Briefs. US Energy Information Administration. 2007. Retrieved 2008-04-27.
Coordinates: 24°58′29″N 53°40′47″E / 24.97472°N 53.67972°E