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ADNOC raises September 2021-May 2022 export availability forecasts for Murban crude

ADNOC raises September 2021-May 2022 export availability forecasts for Murban crude Abu Dhabi National Oil Co., or ADNOC, has raised the forecast of its flagship Murban crude available for export from September 2021 to May 2022, but kept the export volume between July and August 2021 unchanged from May, the producer said in a report June 27. ADNOC said it would have 1.07 million b/d of Murban available for export in July, with volumes rising to 1.105 million b/d in August, unchanged from figures published in its report in May. It raised its forecast for Murban crude available for export in for September 2021 by 3,000 b/d, in for October 2021 by 57,000 b/d and in for November 2021 by 38,000 b/d from its last report.

ADNOC raises August-April 2022 export availability forecasts for Murban crude | Hellenic Shipping News Worldwide

ADNOC raises August-April 2022 export availability forecasts for Murban crude Abu Dhabi National Oil Co., or ADNOC, has raised the forecast of its flagship Murban crude available for export from August 2021 to April 2022 but kept the export volume between June and July 2021 unchanged from April, the producer said in a report May 27. DNOC said it would have 1.04 million b/d of Murban available for export in June, with volumes rising to 1.07 million b/d in July, unchanged from figures published in its report in April. It raised its forecast for Murban crude available for export in August 2021 by 35,000 b/d to 1.105 mil b/d, while volumes were adjusted higher by 50,000 b/d each month from September 2021-April 2022 from the report published in April. No explanation was given for the higher forecasts.

UAE Presents Phenomenal Plan To Boost Its Position As Oil Hub

Premium Content UAE Presents Phenomenal Plan To Boost Its Position As Oil Hub By Simon Watkins - Apr 06, 2021, 7:00 PM CDT Three key developments were announced last week by the UAE in line with its role as a principal member of the U.S.’s new Middle East strategy to counter China’s dramatically increasing influence over the region: plans for a major economic expansion; plans to attract more oil trade into new contracts; and plans to counter Iranian threats to oil supplies through the Strait of Hormuz.  The first of these developments - announced by UAE Vice President and Prime Minister, Sheikh Mohammed bin Rashid Al Maktoum, vice president and prime minister of the UAE and ruler of Dubai – is ‘Operation 300 Billion’. This is an initiative that intends to raise the contribution of the UAE’s industrial sector to AED300 billion (US$81 billion) from the current AED133 billion within the next 10 years. The objective will be achieved in large part through the c

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