Dubai - Oil?

Author
Discussion

jezzaaa

Original Poster:

1,889 posts

265 months

Sunday 27th November 2011
quotequote all
Hi all,

I was surprised when a colleague of mine who lives in Dubai told me that Dubai have no oil! Now I'm sure he meant they don't have much left...but is that true? I know that Abu Dhabi is the biggest by a massive margin...but are Dubai really approaching the end of their supplies?

Ta,

J.

6th Gear

3,565 posts

200 months

Sunday 27th November 2011
quotequote all
Dubai's oil reserves are expected to last another 20 years. Oil revenues contribute to less than 6 percent of the Emirates revenues...

http://en.wikipedia.org/wiki/Dubai




6th Gear

3,565 posts

200 months

Sunday 27th November 2011
quotequote all
Hence the big push into real estate and tourism.

oilydan

2,030 posts

277 months

Sunday 27th November 2011
quotequote all
jezzaaa said:
...Dubai have no oil!...


Well, been nice knowing you all. I'll be off then
getmecoat

Mattt

16,663 posts

224 months

Sunday 27th November 2011
quotequote all
Dubai have no oil, at least by comparison to other nations (or other Emirates).

jezzaaa

Original Poster:

1,889 posts

265 months

Tuesday 29th November 2011
quotequote all
Mattt said:
Dubai have no oil, at least by comparison to other nations (or other Emirates).
This is what I suspected. Cheers all.

J.