Abu Dhabi invests $30 bn in new oil projects

November 2nd, 2010 - 1:10 am ICT by IANS  

Abu Dhabi, Nov 1 (IANS/WAM) Abu Dhabi has invested over $30 billion in new oil projects to boost oil production to 3.5 million barrels per day by the end of this year.

The investments were made between March 2009 and March 2010, oil industry sources said.

They said that due to the expansion in oil projects, investment opportunities would considerably increase in Abu Dhabi.

–IANS/WAM
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