What drawbacks does oil industry brings to uae
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Of the emirates, Abu Dhabi has most of the oil with 92 billion barrels while Dubai has 4 billion barrels and Sharjah has 1.5 billion barrels. ... The UAE's reserves-to-production is about 93 years. 6 Kuwait 104.0 billion barrels Oil reserves in Kuwait make up 8% of the oil reserves in the world.
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Drawbacks brought by oil industry to UAE
- Since UAE has started the trade of crude oil and other energy source, they have completely transformed their GDP from framing and fishing to oil trade internationally.
- Though they have been making a huge amount of profit from but the oil extraction is nonrenewable, it will get finished in new future.
- So, the main disadvantage for UAE is that they lack the fresh water reserves which have decreased the probability in the sector of agriculture.
To know more:
Drawbacks and benefits of the oil industry in UAE
https://brainly.in/question/12318786
Oil is uae's most important export product. Discuss the benefits and the drawbacks that the oil industry brings to UAE.
https://brainly.in/question/12318740
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