Background Image
Next Page  7 / 166 Previous Page
Information
Show Menu
Next Page 7 / 166 Previous Page
Page Background

E

In line with the continuous efforts aimed at monitoring petroleum developments at

the Arab and global levels, to ensure dissemination of information and statistical data

relating to the various sources to energy researchers, specialists and those interested

in the field of energy and oil industry, OAPEC Secretariat General is pleased to

introduce its Annual Statistical Report for the year 2016.

The Report contains data of member countries, in addition to aggregate energy

data of OPEC members and the world for the period 2011-2015.

The Secretariat General periodically updates its statistical data obtained from

official sources, through the Energy Data Collection Form of member countries, and

data published by Arab national institutions as well as other secondary sources.

The report contains nine main parts. Part One provides general indicators of

OAPEC member countries. Part Two reviews data of reserves, production, and

new discoveries. In this context, it is worth mentioning that in 2015 conventional

crude oil reserves of Arab countries were estimated at about 712.2 billion barrels,

constituting a share of 55.5% of world reserves; and natural gas reserves amounted

to 54.5 trillion cubic meters in 2015, representing 27.7% of world reserves.

Arab countries produced nearly 27.6 million b/d of crude oil and natural gas

liquids in 2015, 96% of which came from OAPEC member countries. At crude oil

production level alone, Arab countries produced 23.6 million b/d, representing an

increase of 4.3% compared to 2014. Arab countries’ crude oil production accounts

for about 30.3% of global production. On the other hand, Arab marketed natural gas

production amounted to 559.1 billion cubic meters in 2015, approximately 527.2

billion cubic meters of which were produced by OAPEC members, representing

94.3% of Arab countries’ production. Arab countries together accounted for nearly

15.3% of the world’s total production of 3644 billion cubic meters.

With regard to exploration activities in 2015, OAPEC members made about 81

new discoveries, including 49 oil discoveries, and 32 natural gas discoveries; while

other Arab countries achieved 6 natural gas discoveries.

PREFACE