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| Identifier: | 03ABUDHABI1337 |
|---|---|
| Wikileaks: | View 03ABUDHABI1337 at Wikileaks.org |
| Origin: | Embassy Abu Dhabi |
| Created: | 2003-03-19 12:41:00 |
| Classification: | SECRET//NOFORN |
| Tags: | EPET PGOV BEXP ENRG ECON EINV TC |
| Redacted: | This cable was not redacted by Wikileaks. |
null
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 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
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