Oil and gas stocks dubai list
According to the U. Africa and other countries imports accounts for the rest of the import. Despite being an exporter of crude oil, the UAE domestic market imports petroleum product imports namely residual fuel oil, motor gasoline, and diesel fuel. By , crude oil production is expected to amount 3. With a current production rate of , bpd, the field is undergoing expansion work to increase production to , bpd by and eventually 1 million bpd by Each of emirates is responsible for regulating the oil industry, creating production sharing agreements PSAs , and service contracts within its own borders.
In , Adma which currently produces , bpd, is up for renewal. A massive number of projects have been pushed back, possibly crimping future supply as the global oil market, including UAE, is moving towards balancing their budget and cutting expenses. In an effort to boost oil prices and get rid of supply glut, OPEC has curtailed its oil production by 1. A Complete Profile - With the exception of Dubai, most of the UAE is dependent on oil revenues. Petroleum and natural gas continue to play a central role in the economy, especially in Abu Dhabi.
This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.
Dubai skyline and world's tallest building Burj Khalifa. Airplanes from Emirates at Dubai International Airport. From Wikipedia, the free encyclopedia. Companies portal Lists portal United Arab Emirates portal. List of companies of Asia. Retrieved from " https: Views Read Edit View history.