Phase III development of the offshore Thamama 'F' field will produce 130,000 barrels of condensates by 2008. The project's cost is $1.2 billion. The other project is the execution of the Tham-ama 'F' and 'C' projects in the Asab field to treat 800 million cubic feet of gas extracted daily, in addition to 80,000 barrels of condensates that are currently produced. The project's cost is $700 million. Adnoc confirmed that it plans to increase crude production to 3 million barrels per day (bpd) over the next three years under its three-year plan. The UAE's current production is 2.5 million bpd and plans have been approved to raise it to 3 million. PIN//MENAFN