Abu Dhabi, Jan 26th, 2011 (WAM)-- Abu Dhabi National Oil Company (ADNOC) announced today nomination cut during March 2011, will be as follows: Murban 10%, Lower Zakum 10%, Umm Shaif 5% and Upper Zakum 10%.
It added that Murban, Lower Zakum, Umm Shaif and Upper Zakum cargoes will be treated at Max/-5% tolerance loading basis. The ADNOC further stated that the move is in accordance with the OPEC decision to reduce production.Copyright Emirates News Agency (WAM) 2011.
