Economy
UAE oil reserves reach 97.8b barrels in 2019
(WAM) – The UAE’s overall crude oil reserves reached 97.8 billion barrels in 2019, according to figures released today by the Federal Competitiveness and Statistics Authority, FCSA.
The figures showed that the country’s production of crude oil stood at 3.058 million barrels per day (bpd) during the same period.
FCSA also reported that natural gas production in the UAE reached 109.8 billion cubic feet in 2019.
The country’s overall refining capacity reached 1.127 bpd in 2019, including 817,000 bpd at Al Ruwais Refinery and 85,000 at Abu Dhabi Refinery (previously called Umm Al Nar). Jebel Ali and Fujairah refineries processed 140,000 and 85,000 bpd respectively.
-
Highlights1 month agoOERLive: Top 10 Mathematical Problems AI Has Solved or Transformed
-
Magazines4 weeks agoOER Magazine July Edition 2026
-
Artificial Intelligence5 days agoTop 5 Interesting Things AI Did This Month – September 2026 Edition
-
Magazines4 weeks agoAl Mar’a Magazine July 2026
-
Banking & Finance2 months agoOman Housing Bank launches digital waiting list for housing loans
-
Alamaliktistaad Magazines4 weeks agoAlam Al-Iktisaad Magazine July 2026 Edition
-
Banking & Finance1 month agoOman Arab Bank CEO Sulaiman Al Harthi Retires as Ali Al Mani Is Named Successor
-
Magazines1 month agoOER Magazine – June 2026 Edition
