The UAE will reduce oil output by 150,000 to 200,000 barrels per day for 40 days in October and November for maintenance, an official at state oil company Adnoc said.

The scheduled shutdown will cut oil output from the world’s fifth-largest oil exporter by up to 7.5 percent. The UAE pumped around 2.6 million bpd in June, a Reuters survey showed.
“It’s for 40 days, around 150,000 to 200,000 bpd,” the official at Abu Dhabi National Oil Company (Adnoc) said, speaking on condition of anonymity.
The work will cut output just as consumers' oil demand rises ahead of peak demand in the northern hemisphere for heating during winter. UAE crude is favoured by Japanese refiners making heating oil.
Buyers in Japan say the UAE has offered them more oil in September to compensate for lower volumes during the maintenance.
The offshore Lower Zakum and the Umm Shaif fields would be partially shut down, he added. Lower Zakum typically pumps at around 280,000 bpd, while Umm Shaif produces around 200,000 bpd.
Work at a gas facility on Das Island will force the shutdown, the source said. Adnoc unit Adgas plans to shut one of three processing facilities on Das that produce liquefied natural gas (LNG) -- gas chilled to its liquid form for export.
The Das facility exports around 5.5 million tonnes per year (tpy) of LNG, around 85 percent of shipments go to Tokyo Electric Power Co (Tepco) in Japan.
(Source: Reuters)