Identifier
Created
Classification
Origin
03ABUDHABI1337
2003-03-19 12:41:00
SECRET//NOFORN
Embassy Abu Dhabi
Cable title:
(C) WESTERN OIL EXEC CLARIFIES COMMENTS REGARDING
how-tonull Diana T Fritz 05/24/2007 04:50:42 PM From DB/Inbox: Search Results Cable Text: SECRET SIPDIS TELEGRAM March 19, 2003 To: No Action Addressee Action: Unknown From: AMEMBASSY ABU DHABI (ABU DHABI 1337 - ROUTINE) TAGS: EPET, PGOV, BEXP, ENRG, ECON, EINV Captions: None Subject: (C) WESTERN OIL EXEC CLARIFIES COMMENTS REGARDING UAE OIL PRODUCTION Ref: None _________________________________________________________________ S E C R E T ABU DHABI 01337 SIPDIS CXABU: ACTION: ECON INFO: P/M AMB DCM POL Laser1: INFO: FCS DISSEMINATION: ECON CHARGE: PROG APPROVED: AMB: MMWAHBA DRAFTED: ECON:CCRUMPLER CLEARED: ECON: TWILLIAMS VZCZCADI310 RR RUEHC RUEHHH RUEHDE RUCPDOC RHEBAAA RUEHLO RUEHFR RUEHTU RUCAACC RHRMDAB RHEHNSC RUEKJCS RUEKJCS RUEOBBA RHEFDIA RUEAIIA DE RUEHAD #1337 0781241 ZNY SSSSS ZZH R 191241Z MAR 03 FM AMEMBASSY ABU DHABI TO RUEHC/SECSTATE WASHDC 8948 INFO RUEHHH/OPEC COLLECTIVE RUEHDE/AMCONSUL DUBAI 2897 RUCPDOC/USDOC WASHDC RHEBAAA/DEPT OF ENERGY WASHDC RUEHLO/AMEMBASSY LONDON 0606 RUEHFR/AMEMBASSY PARIS 0664 RUEHTU/AMEMBASSY TUNIS 0488 RUCAACC/USCENTCOM MACDILL AFB FL RHRMDAB/COMUSNAVCENT RHEHNSC/NSC WASHDC RUEKJCS/SECDEF WASHDC RUEKJCS/JOINT STAFF WASHDC RUEOBBA/COMUSCENTAF SHAW AFB SC RHEFDIA/DIA WASHDC//DFP/DHO-6// RUEAIIA/CIA WASHDC
S E C R E T ABU DHABI 001337
SIPDIS
NOFORN
DEPT FOR NEA/RA, NEA/ARP, INR/EC, EB/IEP, EB/CBA, S/CT
AMEMBASSY TUNIS -- HOLD FSI FOR OLIVER JOHN
USDOE FOR INT'L AFFAIRS -- COBURN, ALSO CALIENDO
USDOC FOR 1000/OC/
USDOC FOR 4520/ITA/IEP/ONE
USDOC FOR 4530/ITA/MAC/ONE/DGUGLIELMI
4500/ITA/MAC/DAS/WILLIAMSON
3131/CS/OIO/ANESA
E.O. 12958: DECL 03/19/08
TAGS: EPET PGOV BEXP ENRG ECON EINV TC
SUBJECT: (C) WESTERN OIL EXEC CLARIFIES COMMENTS REGARDING
UAE OIL PRODUCTION
REF A: ABU DHABI 1086 REF B: ABU DHABI 1289
S E C R E T ABU DHABI 001337
SIPDIS
NOFORN
DEPT FOR NEA/RA, NEA/ARP, INR/EC, EB/IEP, EB/CBA, S/CT
AMEMBASSY TUNIS -- HOLD FSI FOR OLIVER JOHN
USDOE FOR INT'L AFFAIRS -- COBURN, ALSO CALIENDO
USDOC FOR 1000/OC/
USDOC FOR 4520/ITA/IEP/ONE
USDOC FOR 4530/ITA/MAC/ONE/DGUGLIELMI
4500/ITA/MAC/DAS/WILLIAMSON
3131/CS/OIO/ANESA
E.O. 12958: DECL 03/19/08
TAGS: EPET PGOV BEXP ENRG ECON EINV TC
SUBJECT: (C) WESTERN OIL EXEC CLARIFIES COMMENTS REGARDING
UAE OIL PRODUCTION
REF A: ABU DHABI 1086 REF B: ABU DHABI 1289
¶1. (U) Classified by Ambassador Marcelle M. Wahba, for
reasons 1.5 (B) and (D).
¶2. (C/NF) A western oil executive previously commented to
Econchief that the Abu Dhabi National Oil Company (ADNOC) is
producing about 10 percent or 200,000 barrels per day (b/d)
over its current OPEC quota of 2.138 million barrels per
day (mmb/d) (ref A). The western oil exec clarified on March
19 that the above-mentioned overproduction also includes an
approximate 120,000-150,000 b/d of oil from Dubai.
¶3. (S/NF) Comment: This tracks well with ADNOC officials'
disclosure this week that Abu Dhabi is producing 2.2 mmb/d
(ref B),which combined with Dubai's production indicates that
the UAE is over-producing its quota by about 200,000 barrels
per day. OPEC's production quota for the UAE encompasses output
from both Abu Dhabi and Dubai. However, as Dubai was not a
member of OPEC at the time of the UAE's federation (1971) --
and because Abu Dhabi production is so much larger than Dubai's
-- it has long been the policy here that Dubai will produce as
much oil as it can, with Abu Dhabi filling the rest of the UAE's
quota.
Wahba