Adnoc to cut oil output in November
Posted: 24 September 2007
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Adnoc confirms that a scheduled essential maintenance programme will take place in November 2007 at three offshore fields: Upper Zakum, Lower Zakum and Umm Shaif. During the maintenance period, production will be reduced by approximately 600,000b/d.
This maintenance programme has been well planned for over a year and Adnoc has worked closely with its term clients to ensure there is minimal disruption to their operations, which also coincides with the scheduled seasonal refinery maintenance in the market. Adnoc's commitments to its term clients are all met by advancing the majority of liftings, and some deferments that have been re-scheduled by mutual agreement.
Meanwhile, Adnoc's refining subsidiary Takreer will implement a scheduled maintenance programme at the Ruwais refinery between 22nd December 2007 and 25th February 2008. The amount of crude that will be released from this shutdown will be around 5 million barrels. |
