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Oil and gas: Battle to exploit hidden riches

By Sharmila Devi

Published: May 15 2008 04:20 | Last updated: May 15 2008 04:20

When the United Arab Emirates is listed among the world’s top 10 oil producers, the UAE’s name could easily be substituted for that of Abu Dhabi.

The emirate – which is the nation’s capital – is home to about 95 per cent of the UAE’s proven oil reserves and 90 per cent of its proven gas reserves.

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