Oil reserves in the United Arab Emirates
Encyclopedia
Oil reserves in the United Arab Emirates
, according to its government, are about 98 Goilbbl, almost as big as Kuwait's claimed reserves. Of the emirates, Abu Dhabi
has most of the oil with 92 Goilbbl while Dubai
has 4 Goilbbl and Sharjah has 1.5 Goilbbl. Most of the oil is in the Zakum field which is the third largest in the Middle East with an estimated 66 Goilbbl. The UAE produces about 2.9 Moilbbl/d of total oil liquids, but has stated its intention to increase this to 5 Moilbbl/d by 2014. The UAE's reserves-to-production is about 93 years.
United Arab Emirates
The United Arab Emirates, abbreviated as the UAE, or shortened to "the Emirates", is a state situated in the southeast of the Arabian Peninsula in Western Asia on the Persian Gulf, bordering Oman, and Saudi Arabia, and sharing sea borders with Iraq, Kuwait, Bahrain, Qatar, and Iran.The UAE is a...
, according to its government, are about 98 Goilbbl, almost as big as Kuwait's claimed reserves. Of the emirates, Abu Dhabi
Abu Dhabi
Abu Dhabi , literally Father of Gazelle, is the capital and the second largest city of the United Arab Emirates in terms of population and the largest of the seven member emirates of the United Arab Emirates. Abu Dhabi lies on a T-shaped island jutting into the Persian Gulf from the central western...
has most of the oil with 92 Goilbbl while Dubai
Dubai
Dubai is a city and emirate in the United Arab Emirates . The emirate is located south of the Persian Gulf on the Arabian Peninsula and has the largest population with the second-largest land territory by area of all the emirates, after Abu Dhabi...
has 4 Goilbbl and Sharjah has 1.5 Goilbbl. Most of the oil is in the Zakum field which is the third largest in the Middle East with an estimated 66 Goilbbl. The UAE produces about 2.9 Moilbbl/d of total oil liquids, but has stated its intention to increase this to 5 Moilbbl/d by 2014. The UAE's reserves-to-production is about 93 years.