{"id":539273,"date":"2022-11-29T10:57:30","date_gmt":"2022-11-29T05:27:30","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=539273"},"modified":"2022-11-29T13:28:34","modified_gmt":"2022-11-29T07:58:34","slug":"uae-moves-up-oil-production-capacity-expansion-to-2027","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/uae-moves-up-oil-production-capacity-expansion-to-2027\/","title":{"rendered":"UAE moves up oil production capacity expansion to 2027"},"content":{"rendered":"<p>The board of Abu Dhabi&#8217;s ADNOC endorsed plans on Monday to bring forward the company&#8217;s five million barrel per day oil production capacity expansion to 2027 from a previous target of 2030, the state oil firm said in a statement. <\/p>\n<p>The new date will provide ADNOC with the flexibility to meet rising global energy demand, it said. <\/p>\n<p>The United Arab Emirates&#8217; hydrocarbon reserves increased by 2 billion stock tank barrels (STB) of oil and 1 trillion standard cubic feet (TSCF)of natural gas in 2022. <\/p>\n<p>The additional reserves increase the UAE&#8217;s reserve base to 113 billion STB of oil and 290 TSCF of natural gas, ADNOC said. <\/p>\n<p>ADNOC&#8217;s board of directors, which was chaired by the UAE&#8217;s President Sheikh Mohammed bin Zayed on Monday, also approved the creation of ADNOC Gas.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The board of Abu Dhabi&#8217;s ADNOC endorsed plans on Monday to bring forward the company&#8217;s five million barrel per day oil production capacity expansion to 2027 from a previous target of 2030, the state oil firm said in a statement. The new date will provide ADNOC with the flexibility to meet rising global energy demand, it said. The United Arab Emirates&#8217; hydrocarbon reserves increased by 2 billion stock tank barrels (STB) of oil and 1 trillion standard cubic feet (TSCF)of natural gas in 2022. The additional reserves increase the UAE&#8217;s reserve base to 113 billion STB of oil and 290 [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-539273","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/539273","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=539273"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/539273\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=539273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=539273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=539273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}