Oil reserves in the United Arab Emirates

Oil reserves in the United Arab Emirates, according to its government, are about 98.63 billion barrels (15.681×10^⁹ m³), almost as big as Kuwait's claimed reserves. Of the emirates, Abu Dhabi has most of the oil with 92 billion barrels (14.6×10^⁹ m³) while Dubai has 4 billion barrels (640×10^⁶ m³) and Sharjah has 1.5 billion barrels (240×10^⁶ m³). Most of the oil is in the Zakum field which is the third largest in the Middle East with an estimated 66 billion barrels (10.5×10^⁹ m³). The UAE produces about 2.9 million barrels per day (460×10^³ m³/d) of total oil liquids, but has stated its intention to increase this to 5 million barrels per day (790×10^³ m³/d) by 2014. The UAE's reserves-to-production is about 93 years.^[1]

References

Oil reserves by country Listing List of countries by proven oil reserves Countries Canada Cuba Ghana Iran Iraq Kuwait Libya Mexico Nigeria Russia Saudi Arabia United Arab Emirates United States Venezuela

Coordinates: 24°58′29″N 53°40′47″E / 24.97472°N 53.67972°E / 24.97472; 53.67972