UAE's ADNOC intends to keep the cut in crude allocations at 5%

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 An informed source said that the Abu Dhabi National Oil Company (ADNOC) intends to keep reducing oil allocations to buyers with specific contracts at five percent in November .

The company began increasing crude supplies to customers with fixed-term contracts from October, when it reduced the size of provisions to five percent, compared to 15 percent in September, according to Reuters.

ADNOC announced  , on August 24, the acquisition of six mooring boats, to provide important marine services through the petroleum ports in Abu Dhabi .

The six boats, which are Damen Stan Tug 1606 , were contracted to purchase  directly from Al Bawardi Damen Company from its headquarters in the Emirate of Sharjah, as part of the commitment of the ADNOC Group to enhance the local added value through its operations.

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