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
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