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References in periodicals archive ?
89 million bpd (mbpd) underscores a deepening of production cuts in the worst price slump since the financial crisis.
To bring the capacity up to 4m bpd by 2020, KOC will contribute an extra 650,000 bpd, he added.
Deep-water development will feature in non-OECD supply growth from Brazil (130,000 bpd) and Angola/Equatorial Guinea (100,000 bpd), while ongoing work in the Former Soviet Union should yield an extra 160,000 bpd, the IEA said.
China's top supplier was Saudi Arabia with 985,000 bpd, followed by Angola with 952,000 bpd.
095 million bpd from the southern oil hub of Basra and 264,000 bpd from the northern fields around Kirkuk, including 11,000 barrels trucked to Jordan, they said.
79 million bpd at present, the IEA figures revealed.
The IEA said OPEC oil production had increased in August by 165,000 bpd to 30.
6 million bpd until protests erupted earlier this year, could stifle exports for the long term.
That compares to term contract volumes of around 920,000 bpd in 2010, although actual imports were a little less and came in at 892,800 bpd, according to customs data.
The Oil Ministry said last September it planned to start talks with Eni to carry out another phase of the project that would add a further 100,000 bpd to the field's output.
Adma-Opco, which is 60-percent owned by the Abu Dhabi National Oil Co (Adnoc), produces about 550,000 barrels of oil per day (bpd) with a rise expected to 600,000 bpd early in 2011.
263 million bpd in November from 19,645 million bpd in October.