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krishna
Country
Rank
Reserves (Billion
Barrels)
OPEC Member
Saudi Arabia*
262.4
Yes
Canada
174.7
No
Iran
137.6
Yes
Iraq
115.0
Yes
Kuwait*
104.0
Yes
Venezuela
99.4
Yes
U.A.E.
97.8
Yes
half of the Saudi-Kuwaiti neutral zone which has 5 billion barrels of proved
reserves. Source: Oil and Gas Journal (December 21, 2009).
* Included
Country
Joined OPEC
Location
Algeria
1969
Africa
Angola
2007
Africa
rejoined 2007
South America
IR Iran *
1960
Middle East
Iraq *
1960
Middle East
Kuwait *
1960
Middle East
Libya
1962
Africa
Nigeria
1971
Africa
Qatar
1961
Middle East
Saudi Arabia *
1960
Middle East
1967
Middle East
Venezuela*
1960
South America
Ecuador **
* founder Members
** Ecuador joined OPEC in 1973, suspended its membership from Dec. 1992-Oct. 2007
1. United States
2. China
3. Japan
4. India
5. Russia
6. Saudi Arabia (OPEC)
7. Brazil
8. Germany
9. Canada
10. South Korea
11. Mexico
12. France
13. Iran (OPEC)
(1000 bbl/day)
18,835.5
9,790.0
4,464.1
3,292.2
3,145.1
2,817.5
2,594.2
2,400.1
2,259.1
2,230.2
2,132.7
1,791.5
1,694.4
1,607.9
1,453.6
population in millions
314
1345
127
1198
140
27
193
82
33
48
109
62
74
61
60
21.8
2.7
12.8
1
8.1
40
4.9
10.7
24.6
16.8
7.1
10.5
8.3
9.5
8.9
Producing Nation
1. Saudi Arabia (OPEC)
103bbl/d (2006)
Present Share
10,665
11.8%2
2. Russia
9,677
12.0%
3. United States
8,331
11.1%
4. Iran (OPEC)
4,148
5.1%
5. China
3,846
4.8%
6. Canada
3,288
4.0%
7. Mexico
3,707
3.6%
8. UA E(OPEC)
2,945
3.4%
9. Kuwait (OPEC)
2,675
3.0%
2,803
3.0%
11. Norway
2,786
2.8%
12. Brazil
2,166
3.1%
2,008
2.9%
2,122
2.6%
2,443
2.7%
Exporting Nation
103bbl/d (2011)
103bbl/d (2009)
103bbl/d (2006)
8,336
7,322
8,651
2. Russia
7,083
7,194
6,565
3. Iran (OPEC)
2,540
2,486
2,519
4. U A E (OPEC)
2,524
2,303
2,515
5. Kuwait (OPEC)
2,343
2,124
2,150
6. Nigeria (OPEC)
2,257
1,939
2,146
7. Iraq (OPEC)
1,915
1,764
1,438
8. Angola (OPEC)
1,760
1,878
1,363
9. Norway
1,752
2,132
2,542
1,715
1,748
2,203
1,568
1,767
1,847
1,468
1,066
13. Canada
1,405
1,168
1,071
14. Kazakhstan
1,396
1,299
1,114
836
912
532
Importing Nation
103bbl/day (2011)
103bbl/day (2009)
103bbl/day (2006)
1.United States
8,728
9,631
12,220
2. China
5,487
4,328
3,438
3. Japan
4,329
4,235
5,097
4. India
2,349
2,233
1,687
5. Germany
2,235
2,323
2,483
6. South Korea
2,170
2,139
2,150
7. France
1,697
1,749
1,893
8. Spain
1,346
1,439
1,555
9. Italy
1,292
1,381
1,558
10. Singapore
1,172
916
787
11. Taiwan
1,009
944
942
12. Netherlands
948
973
936
13.Turkey
650
650
576
14. Belgium
634
597
546
15. Thailand
592
538
606
N
o
Refinery
Owner
Capacity
Barrels
per Day
Jamnagar Refinery
Complex
Reliance
62 mil
tons/annum
1,240,0
00
Paraguan Refinery
Complex
Petrleos de
Venez
Ulsan complex
SK Energy
40.2 mil
tons/annum
850,000
Yeosu Complex
GS-Caltex Chevron
40 mil
tons/annum
730,000
S - Oil
33,5 mil
tons/annum
669,000
Exxon Mobil
30 mil
tons/annum
605,000
Baytown refinery - US
Exxon Mobil
28.6 mil
tons/annum
572,500
Saudi Aramco
27.5 mil
tons/annum
550,000
940,000
Rank
by
Capaci
ty
Company
Crude Capacity,
Thousand Barrels per
Calendar Day
5,783
4,509
Sinopec (China)
3,971
BP (United Kingdom)
3,325
ConocoPhillips
2,778
Chevron Corp.
2,756
2,678
2,616
2,615
10
Total (France)
2,451
Marine mammals
Skin irritation
Clogging of baleen plates
(1990)]
While the global oil demand is projected to increase from 87.38 mbd in
2010 to 118 mbd by 2030, world oil production has been virtually flat
since 2004 and is projected to continue its downward trend between
now and 2030.
As a result, the deficit between global supplies and demand will continue
to widen reaching 9.20 mbd by 2015 and rising to 18.90 mbd in 2020
and 37.40 mbd by 2030 (see Table 4).
2009
2010
2011
2015
2020
2025 2030
-------------------------------------------------------------------------------------------------------Demand
84.72 87.38
87.80 90.40 100.00
112.35 117.40
Supply
80.28 82.10
81.25 81.20
81.10
80.50 80.00
Supply / Demand
Deficit
- 4.44* - 5.28 - 6.55 - 9.20 - 18.90 31.85 - 37.40
-------------------------------------------------------------------------------------------------------Sources: US Department of Energys International Energy Outlook,
2010 / IEA,
World Energy Outlook, 2010 / BP Statistical Review of
World Energy,
June 2011 / OPEC Monthly Oil Report, March 2011 / The
US Joint
Operating Environment (JOE) 2010 / Authors
projections.
* Deficit is offset by OPECs production cuts.
Ethenol In order to reduce pollution and effect on crude import bill this
being viewed as alternative fuel for vehicles for blending with MS.
Bio-diesel (Non edible Oil Seeds) : Jatropha,Karanja, Pongamia. Etc)- In
order to reduce pollution and effect on crude import bill this being
viewed as alternative fuel for vehicles for blending with HSD.
Coal Bed Methane(CBM) is a Natural Gas (Methane) absorbed in Coal
and lignite seams. Coal is the both the source and reservoir rock for
CBM.
Gas from Gas Hydrates-Gas hydrates are basically Methane molecules
trapped in ice.
Gas from Coal gasification-Gas is produced by gasifying the coal by
injecting oxidants.
Conversion of Coal to Liquid hydrocarbon by process of Coal
Liquefaction.
Oil from Oil shale- Oil Shale is an organic material mainly called Kerogen
which can be converted into a substance similar to petroleum
Seasonal Weather
Severe weather events
U.S.Commercial Crude Oil Inventory Levels
OPEC Production Decisions
Marginal Cost of Production
The Impact of Technological Changes on Oil
Prices
Refinery Infrastructure