Opec Petroleo ASB2012, Notas de estudo de Estatística

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© 2012 Organization of the Petroleum Exporting Countries ISSN 0475-

Director, Research Division Hasan M Qabazard

Project Leader Head, Data Services Department Fuad A Al-Zayer

Coordinators Puguh Irawan, Ramadan Janan

Statistical Team Hannes Windholz, Pantelis Christodoulides, Mouhamad Moudassir, Klaus Stöger, Harvir Kalirai, Sheela Kriz, Mohammad Sattar, Shahla Khonsari, Ksenia Gutman

Web and CD Application Nabeel Al-Mojil, Zairul Arifin

Editorial Team Head, Public Relations and Information Department Angela Agoawike

Editor Alvino-Mario Fantini

Design and Production Coordinator Alaa Al-Saigh

Senior Production Assistant Diana Lavnick

Team for the preparation of the OPEC Annual Statistical Bulletin 2012

O P E C

Organization of the Petroleum Exporting Countries

A n n u a l S t a t i s t i c a l B u l l e t i n

G r a p h s

Contents

• Foreword
  • Table 1.1 OPEC crude oil production allocations Section 1: Summary - 1.2 OPEC Members’ facts and figures
• Section 2: Macro-economics
  • Table 2.1 OPEC Members’ mid-year population - 2.2 OPEC Members’ GDP at current market prices - 2.3 OPEC Members’ values of exports - 2.4 OPEC Members’ values of petroleum exports - 2.5 OPEC Members’ values of imports - 2.6 Estimated current account balances in OPEC Members - 2.7 Annual average exchange rates for OPEC Members
• Section 3: Oil and gas data
  • Table 3.1 World proven crude oil reserves by country - 3.2 World proven natural gas reserves by country - 3.3 Active rigs in OPEC Members and in world - 3.4 Wells completed in OPEC Members - 3.5 Producing wells in OPEC Members - 3.6 Daily and cumulative crude oil production in OPEC Members - 3.7 World crude oil production by country - 3.8 Natural gas production in OPEC Members - 3.9 World marketed production of natural gas by country
    • 3.10 Refinery capacity in OPEC Members by type and location
    • 3.11 World refinery capacity by country
    • 3.12 Charge refinery capacity in OPEC Members
    • 3.13 Output of petroleum products by type in OPEC Members
    • 3.14 World output of petroleum products by country
    • 3.15 Oil consumption by main petroleum products in OPEC Members
    • 3.16 World oil consumption by country
    • 3.17 OPEC Members’ crude oil exports by destination
    • 3.18 World crude oil exports by country
    • 3.19 OPEC Members’ petroleum products exports by destination
    • 3.20 World exports of petroleum products by country
    • 3.21 World exports of crude oil and petroleum products by country
    • 3.22 World natural gas exports by country
    • 3.23 World imports of crude oil by country
    • 3.24 World imports of petroleum products by country
    • 3.25 World imports of natural gas by country
• Section 4: Transportation
  • Table 4.1 Tanker fleet development in OPEC Members - 4.2 World tanker fleet by age - 4.3 World liquid gas carrier fleet by size and type - 4.4 Liquid gas carrier fleet in OPEC Members - 4.5 World combined carrier fleet by size - 4.6 Average spot freight rates for all routes - 4.7 Freight costs in the spot market - 4.8 Spot tanker freight rates for all sizes - 4.9 Crude oil pipelines in OPEC Members
    • 4.10 Gas pipelines in OPEC Members
    • 4.11 Petroleum product pipelines in OPEC Members
• Section 5: Prices - 5.1 Spot OPEC Reference Basket prices - 5.2 Spot crude oil prices - 5.3 Crude oil prices in nominal and real terms - 5.4 Spot prices of petroleum products in major markets - 5.5 Retail prices of petroleum products in OPEC Members (national currency/b) - 5.6 Retail prices of petroleum products in OPEC Members ($/b) - 5.7 Composite barrel and its components in major consuming countries
• Section 6: Major oil companies - 6.1 Principal operations of the major oil companies - 6.2 Revenues, operating costs, deductions, taxation and net income of the major oil companies - 6.3 Costs, deductions, taxation and net income as percentage of revenues of the major oil companies - 6.4 Capital and exploratory expenditure of the major oil companies - Graph 2.1: OPEC Members’ mid-year population Section 2: Macro-economics - Graph 2.2: Population as share of total OPEC - Graph 2.3: OPEC Members’ GDP at current market prices - Graph 2.4: GDP at current market prices as a share of total OPEC - Graph 2.5: OPEC Members’ values of exports - Graph 2.6: Values of exports as a share of total OPEC - Graph 2.7: OPEC Members’ values of petroleum exports - Graph 2.8: Values of petroleum exports as a share of total OPEC - Graph 2.9: OPEC Members’ values of imports
  • Graph 2.10: Values of imports as a share of total OPEC
  • Graph 2.11: Estimated current account balances in total OPEC
  • Graph 2.12: Estimated current account balances in OPEC Members
    • Graph 3.1: World proven crude oil reserves Section 3: Oil and gas data
    • Graph 3.2: World proven natural gas reserves
    • Graph 3.3: OPEC Members’ proven crude oil reserves
    • Graph 3.4: OPEC Members’ proven natural gas reserves
    • Graph 3.5: World crude oil production
    • Graph 3.6: World marketed production of natural gas
    • Graph 3.7: OPEC Members’ crude oil production
    • Graph 3.8: OPEC Members’ marketed production of natural gas
    • Graph 3.9: World refinery capacity
  • Graph 3.10: World output of petroleum products
  • Graph 3.11: OPEC output of petroleum products
  • Graph 3.12: OPEC Members’ crude oil exports by destination
  • Graph 3.13: World crude oil exports by destination
  • Graph 3.14: World oil consumption
  • Graph 3.15: World crude oil exports
  • Graph 3.16: OPEC Members’ oil consumption
  • Graph 3.17: OPEC Members’ crude oil exports
  • Graph 3.18: OPEC Members’ petroleum products by destination
  • Graph 3.19: Percentage share of OPEC crude oil exports
  • Graph 3.20: OPEC oil export revenues vs total exports
  • Graph 3.21: OPEC Members’ exports of crude and petroleum products
  • Graph 3.22: OPEC Members’ exports of petroleum products
    • Graph 4.1: World tanker fleet by age and categories Section 4: Transportation
    • Graph 4.2: World tanker fleet by age and categories
    • Graph 4.3: Spot freight rates for AFRA sizes
    • Graph 4.4: Spot freight rates costs for major routes
    • Graph 4.5: Spot tanker freight rates
    • Graph 4.6: Spot tanker freight costs
    • Graph 5.1: OPEC Reference Basket Section 5: Prices
    • Graph 5.2: Differentials of selected spot crude oil prices to OPEC Reference Basket
    • Graph 5.3: Differentials of selected spot crude oil prices to OPEC Reference Basket
    • Graph 5.4: Differentials of selected spot crude oil prices to OPEC Reference Basket
    • Graph 5.5: Differentials of selected spot crude oil prices to OPEC Reference Basket
    • Graph 5.6: Crude oil prices in nominal and real terms: base 1973=100
    • Graph 5.7: Spot petroleum product prices — US Gulf
    • Graph 5.8: Spot petroleum product prices — Singapore
    • Graph 5.9: Spot petroleum product prices — Rotterdam
  • Graph 5.10: Composite barrel and its components
    • Graph 6.1: Major oil companies’ revenues Section 6: Major oil companies
    • Graph 6.2: Major oil companies’ net income
    • Graph 6.3: Major oil companies’ crude oil and NGL reserves
    • Graph 6.4: Major oil companies’ crude oil and NGL production
• General notes - Definitions - Country groupings - Economic organizations - Abbreviations - Oil companies - Sources - Conversion factors

Foreword

HE Abdalla Salem El-Badri, OPEC Secretary General

Abdalla Salem El-Badri

Secretary General

I am pleased to present the 47th^ edition of OPEC’s Annual Statistical Bulletin (ASB), one of the oil

industry’s most important sources of data.

The aim of the ASB is to provide accurate, reliable and timely historical data on various aspects of the

global oil and gas industry. I am pleased to note that since its first publication in 1965, it has fulfilled

this role and has become a useful reference tool for people around the world.

The main focus of the ASB is on OPEC’s 12 Member Countries: Algeria, Angola, Ecuador, the Islamic

Republic of Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates and Venezuela.

However, as in previous years, it also includes data about non-OPEC oil producing countries, as well as

regional imports and exports, oil and gas pipelines, and the global petroleum industry in general.

For more than 50 years, OPEC has made efforts to collect data about all aspects of the oil industry — from

exploration and production, to transportation and refining. By ensuring the availability of such data, OPEC

has increasingly enhanced its role in the stabilization of the world oil market. The continuing publication

of the ASB thus underscores our ongoing commitment to data transparency as a key element of oil market

stability.

In order to ensure that the ASB is widely accessible, the 2012 ASB is again available in a variety of

formats, including a book edition and a CD-ROM (attached to the inside front cover), an electronic PDF

file (which can also be downloaded from the OPEC Website) and an interactive electronic version (also

available on the OPEC Website).

The 2012 ASB would not have been possible without the valuable input of many people at the OPEC

Secretariat and in our Member Countries. I would like to thank them for their diligence and commitment.

Their continuing hard work has made the existence and availability of publications like the ASB possible

— and has helped to ensure the fulfillment of the Organization’s commitment to data transparency and

market stability.

Summary

Table 1.

OPEC crude oil production allocations (1,000 b/d)

Apr 82– Mar 83

Apr 83– Oct 84

Nov 84– Aug 86

Sep 86– Oct 86 Nov 86 Dec 86

Jan 87– Jun 87

Jul 87– Dec 87

Jan 88– Dec 88

Jan 89– Jun 89

Jul 89– Sep 89 1/ 2/ 3/ 4/ 5/ 6/ 7/ 8/ 9/ 10/ 11/ Algeria 650 725 663 663 669 669 635 667 667 695 733 Ecuador 200 200 183 183 221 221 210 221 221 230 242 IR Iran 1,200 2,400 2,300 2,300 2,317 2,317 2,255 2,369 2,369 2,640 2, Iraq 1,200 1,200 1,200 1,200 – – 1,466 1,540 – 2,640 2, Kuwait 800 1,050 900 900 921 999 948 996 996 1,037 1, Libya 750 1,100 990 990 999 999 948 996 996 1,037 1, Nigeria 1,300 1,300 1,300 1,300 1,304 1,304 1,238 1,301 1,301 1,355 1, Qatar 300 300 280 280 300 300 285 299 299 312 329 Saudi Arabia 7,150 5,000 4,353 4,353 4,353 4,353 4,133 4,343 4,343 4,524 4, United Arab Emirates 1,000 1,100 950 950 950 950 902 948 948 988 1, Venezuela 1,500 1,675 1,555 1,555 1,574 1,574 1,495 1,571 1,571 1,636 1, OPEC 16,050 16,050 14,674 14,674 14,515 15,251 17,094 18, OPEC excl Iraq 13,608 13,686 13,

Oct 89– Dec 89

Jan 90– Jul 90 Aug 90

Apr 91– Sep 91

Oct 91– Jan 92

Feb 92– Sep 92

Oct 92– Dec 92

Jan 93– Feb 93

Mar 93– Sep 93

Oct 93– Jun 96

Jul 96– Dec 97 12/ 13/ 14/ 15/ 16/ 17/ 18/ 19/ 20/ 21/ 22/ Algeria 771 827 827 827 na 760 na 764 732 750 750 Ecuador 254 273 273 273 na 273 na – – – – IR Iran 2,926 3,140 3,140 3,217 na 3,184 na 3,490 3,340 3,600 3, Iraq 2,926 3,140 3,140 – na 505 na 500 400 400 1, Kuwait 1,149 1,500 1,500 – na 812 na 1,500 1,600 2,000 2, Libya 1,149 1,233 1,233 1,425 na 1,395 na 1,409 1,350 1,390 1, Nigeria 1,501 1,611 1,611 1,840 na 1,751 na 1,857 1,780 1,865 1, Qatar 346 371 371 399 na 377 na 380 364 378 378 Saudi Arabia 5,014 5,380 5,380 8,034 na 7,887 na 8,395 8,000 8,000 8, United Arab Emirates 1,094 1,095 1,500 2,320 na 2,244 na 2,260 2,161 2,161 2, Venezuela 1,812 1,945 1,945 2,235 na 2,147 na 2,360 2,257 2,359 2,

OPEC 18,942 20,515 20,920 20,570#^ 23,650^ 21,335^ 24,200^ 22,915^ 21,984^ 22,903^ 23,

Notes: Totals may not add up due to independent rounding. Angola joined OPEC in January 2007; Ecuador suspended its membership from December 1992 to October

• No production level allocated. * Includes Indonesia and Gabon. na No distribution made. ** Includes Indonesia.

OPEC excluding Kuwait and Iraq.

OPEC excluding IR Iran and Iraq.

Agreed at the: 1/ 63rd (Extraordinary) Meeting of the OPEC Conference, March 19–20, 1982. 2/ 67th (Extraordinary) Meeting of the OPEC Conference, March 14, 1983. No production level allocated to Saudi Arabia which acted as the swing producer. Venezuela: 1.7m b/d including condensates. Nigeria: At the 70th Meeting of the OPEC Conference, July 10–11, 1984, a temporary production rise to 1.4m b/d and 1.45m b/d in August 1984 and September 1984, respectively, was decided. 3/ 71st (Extraordinary) Meeting of the OPEC Conference, October 29–31, 1984. Retained at the 75th (Extraordinary) Meeting of the OPEC Conference, October 4, 1985. 4/ 78th Meeting of the OPEC Conference, June 25–30, 1986, and July 28–August 5, 1986, with the exception of Iraq. 5/ 79th (Extraordinary) Meeting of the OPEC Conference, October 6–22, 1986, with the exception of Iraq. 6/ 79th (Extraordinary) Meeting of the OPEC Conference, October 6–22, 1986, with the exception of Iraq. 7/ 80th Meeting of the OPEC Conference, December 11–20, 1986. 8/ 81st Meeting of the OPEC Conference, June 25–27, 1987. 9/ 82nd Meeting of the OPEC Conference, December 9–14, 1987, with the exception of Iraq. Extended at the 83rd Meeting of the OPEC Conference, June 11–14, 1988, with the exception of Iraq. 10/ 84th Meeting of the OPEC Conference, November 21–28, 1988. 11/ 85th Meeting of the OPEC Conference, June 5–7, 1989. 12/ 3rd Meeting of the Eight‑Minister Monitoring Committee, September 23–27, 1989. 13/ 86th Meeting of the OPEC Conference, November 25–28, 1989. 14/ 87th Meeting of the OPEC Conference, July 26–27, 1990. September 2000–March 2001: Oil Ministers’ informal consultations and 1st Ministerial Monitoring Committee, August 26–29, 1990 (interim course of action: OPEC shall consequently increase production in accordance with need). Retained August 1990 agreement at the 88th Meeting of the OPEC Conference, December 12–13, 1990. 15/ 3rd Meeting of the Ministerial Monitoring Committee, March 11–12, 1991. Reservations were made by Algeria and IR Iran as to the total OPEC production level. Reiterated without reservations at the 89th Meeting of the OPEC Conference, June 4, 1991. 16/ 4th Meeting of the Ministerial Monitoring Committee, September 24–25, 1991. Retained at the 90th Meeting of the Conference, November 26–27, 1991. 17/ 6th Meeting of the Ministerial Monitoring Committee, February 12–15, 1992. Reservations were made by IR Iran as to the total OPEC production level and by Saudi Arabia as to their allocated production level. Rollover (inclusive of reservations) at the 91st Meeting of the OPEC Conference, May 21–22, 1992. The Conference also decided to allow any additional production from Kuwait. 18/ 9th Meeting of the Ministerial Monitoring Committee, September 16–17, 1992. Reaffirmed to allow for any additional production from Kuwait. 19/ 92nd Meeting of the OPEC Conference, November 25–27, 1992, with full support of Member Countries, except Iraq and the allowance of additional volumes to Kuwait as they become available during the 1Q93. 20/ 10th Meeting of the Ministerial Monitoring Committee, February 13–16, 1993 with full support of Member Countries, except Iraq. Rollover of this agreement at the 93rd Meeting of the OPEC Conference, June 8–10, 1993, with full support of Member Countries, except Iraq and Kuwait.

Summary

Table 1.

OPEC crude oil production allocations (1,000 b/d)

21/ 94th (Extraordinary) Meeting of the OPEC Conference, September 25–29, 1993, with full support of Member Countries, except Iraq. Maintained at the 12th Meeting of the Ministerial Monitoring Committee, March 25–26, 1994, with full support of Member Countries, except Iraq. Maintained at the 97th, 98th and 99th Meeting of the OPEC Conference, November 21–22, 1994, June 19–20, 1995, and November 21–22, 1995, respectively. 22/ 100th Meeting of the OPEC Conference, June 5–7, 1996. The remaining volume of 1.2m b/d is to be supplied by Iraq. Rollover of the agreement at the 101st and the 102nd Meeting of the OPEC Conference, November 27–28, 1996, and June 25–26, 1997, respectively. 23/ 103rd Meeting of the OPEC Conference, November 26–December 1, 1997. The remaining volume of 1,314,080 b/d is to be supplied by Iraq. 24/ 104th Meeting (Extraordinary) of the OPEC Conference, March 30, 1998. Data reflect temporary production cuts from OPEC excluding Iraq production in February 1998 as reported by selected secondary sources. Iraq is not called upon to participate in this agreement. 25/ 105th Meeting of the OPEC Conference, June 24, 1998. Iraq is not called upon to participate in this agreement. 26/ 107th Meeting of the OPEC Conference, March 23, 1999. Reaffirmed strong commitment to the agreement at the 108th Meeting of the OPEC Conference, September 22, 1999. Iraq is not called upon to participate in this agreement. 27/ 109th Meeting of the OPEC Conference, March 27–29, 2000. Agreement of OPEC Member Countries excluding IR Iran and Iraq. 28/ 110th (Extraordinary) Meeting of the OPEC Conference, June 21, 2000. Iraq is not called upon to participate in this agreement. 29/ 111th Meeting of the OPEC Conference, September 10–11, 2000. Iraq is not called upon to participate in this agreement. 30/ 111th Meeting of the OPEC Conference, September 10–11, 2000; including additional 500,000 b/d (price band mechanism) as announced by the OPEC President on October 30, 2000, and effective from October 31, 2000. Iraq is not called upon to participate in this agreement. 31/ 113th (Extraordinary) Meeting of the OPEC Conference, January 17, 2001. Iraq is not called upon to participate in this agreement. 32/ 114th Meeting of the OPEC Conference, March 16–17, 2001. Retained at the 115th (Extraordinary) and 116th (Extraordinary) Meeting of the OPEC Conference, June 5 and July 3, 2001, respectively. Iraq is not called upon to participate in this agreement. 33/ OPEC Conference, July 25, 2001. Retained at the 117th Meeting of the OPEC Conference, September 26–27, 2001. Iraq is not called upon to participate in this agreement. 34/ Announced during the 118th (Extraordinary) Meeting of the OPEC Conference, November 14, 2001, and confirmed its implementation during the Consultative Meeting of the OPEC Conference in Cairo, December 28, 2001. Retained at the 119th (Extraordinary), 120th (Extraordinary) and 121st Meeting of the OPEC Conference, March 15, June 26 and September 19, 2002, respectively. Iraq is not called upon to participate in this agreement. 35/ 122th (Extraordinary) Meeting of the OPEC Conference, December 12, 2002. Iraq is not called upon to participate in this agreement. 36/ 123rd (Extraordinary) Meeting of the OPEC Conference, January 12, 2003. Retained at the 124th Meeting of the OPEC Conference, March 11, 2003. Iraq is not called upon to participate in this agreement. 37/ Consultative Meeting of the OPEC Conference, April 24, 2003. Retained at the 125th (Extraordinary) and 126th (Extraordinary) Meeting of the OPEC Conference, June 11 and July 31, 2003, respectively. Iraq is not called upon to participate in this agreement. 38/ 127th Meeting of the OPEC Conference, September 24, 2003. Retained at the 128th (Extraordinary) and 129th (Extraordinary) Meeting of the OPEC Conference, December 4, 2003, and February 10, 2004, respectively. Iraq is not called upon to participate in this agreement. 39/ 129th (Extraordinary) Meeting of the OPEC Conference, February 10, 2004. Reconfirmed at the 130th Meeting of the OPEC Conference, March 31, 2004. Iraq is not called upon to participate in this agreement. 40/ 131st (Extraordinary) Meeting of the OPEC Conference, June 3, 2004. Iraq is not called upon to participate in this agreement. 41/ 131st (Extraordinary) Meeting of the OPEC Conference, June 3, 2004. Iraq is not called upon to participate in this agreement. 42/ 132nd Meeting of the OPEC Conference, September 15, 2004. Iraq is not called upon to participate in this agreement. During the 133rd (Extraordinary) Meeting of the OPEC Conference, December 10, 2004, Member Countries agreed to collectively reduce the over‑production by 1m b/d from their current actual output, effective January 1, 2005. Agreement of 132nd Meeting is retained at the 134th (Extraordinary) Meeting of the OPEC Conference, January 30, 2005.

Jan 98– Mar 98

Apr 98– Jun 98

Jul 98– Mar 99

Apr 99– Mar 00

Apr 00– Jun 00

Jul 00– Sep 00

Oct 1, 00– Oct 30, 00

Oct 31, 00 –Jan 01

Feb 01– Mar 01

Apr 01– Aug 01 23/ 24/ 25/ 26/ 27/ 28/ 29/ 30/ 31/ 32/ Algeria 909 50 788 731 788 811 837 853 805 773 IR Iran 3,942 140 3,318 3,359 – 3,727 3,844 3,917 3,698 3, Iraq 1,314 – – – – – – – – – Kuwait 2,190 125 1,980 1,836 1,980 2,037 2,101 2,141 2,021 1, Libya 1,522 80 1,323 1,227 1,323 1,361 1,404 1,431 1,350 1, Nigeria 2,042 125 2,033 1,885 2,033 2,091 2,157 2,198 2,075 1, Qatar 414 30 640 593 640 658 679 692 653 627 Saudi Arabia 8,761 300 8,023 7,438 8,023 8,253 8,512 8,674 8,189 7, United Arab Emirates 2,366 125 2,157 2,000 2,157 2,219 2,289 2,333 2,201 2, Venezuela 2,583 200 2,845 2,720 2,845 2,926 3,019 3,077 2,902 2, OPEC 26, OPEC excl Iraq 1,175 23,107 21,789 19,789 ##^ 24,083 24,841 25,315 23,894 22, Target 24,

Sep 01– Dec 01

Jan 02– Dec 02 Jan 03

Feb 03– May 03

Jun 03– Oct 03

Nov 03– Mar 04

Apr 04– Jun 04 Jul 04

Aug 04– Oct 04

Nov 1, 04– Mar 16, 05 33/ 34/ 35/ 36/ 37/ 38/ 39/ 40/ 41/ 42/ Algeria 741 693 735 782 811 782 750 814 830 862 IR Iran 3,406 3,186 3,377 3,597 3,729 3,597 3,450 3,744 3,817 3, Iraq – – – – – – – – – – Kuwait 1,861 1,741 1,845 1,966 2,038 1,966 1,886 2,046 2,087 2, Libya 1,242 1,162 1,232 1,312 1,360 1,312 1,258 1,365 1,392 1, Nigeria 1,911 1,787 1,894 2,018 2,092 2,018 1,936 2,101 2,142 2, Qatar 601 562 596 635 658 635 609 661 674 700 Saudi Arabia 7,541 7,053 7,476 7,963 8,256 7,963 7,638 8,288 8,450 8, United Arab Emirates 2,025 1,894 2,007 2,138 2,217 2,138 2,051 2,225 2,269 2, Venezuela 2,670 2,497 2,647 2,819 2,923 2,819 2,704 2,934 2,992 3, OPEC excl Iraq 21,998 20,575 21,809 23,230 24,083 23,230 22,282 24,178 24,653 25,

Summary

Table 1.

OPEC Members’ facts and figures, 2011

Algeria

Angola

Ecuador

IR Iran

Iraq

Kuwait

Libya

Nigeria

Qatar Saudi Arabia

UAE

Venezuela

OPEC

Population

million inhabitants

Land area

1,000 sq km

GDP per capita

dollars

GDP at market prices

billion $

Value of exports

billion $

Value of imports

billion $

Current account balance

billion $

Value of petroleum exports

billion $

Proven crude oil reserves

billion barrels

Natural gas reserves

billion cu m

Crude oil production

1,000 b/d

Natural gas marketed production

billion cu m

Refinery capacity

1,000 b/cd

Oil consumption

1,000 b/d

Crude oil exports

1,000 b/d

Exports of petroleum products

1,000 b/d

Natural gas exports

billion cu m

–^

–^

–^

–^

–^

–^

Exchange rate

national currency/$

Notes:

Totals may not add up due to independent rounding.

14

Macro-economics

Graph 2.2: Population as a share of total OPEC, 2011

(per cent)

Graph 2.1: OPEC Members’ mid–year population (1,000 inhabitants)

Table 2.

Notes: Totals may not add up due to independent rounding. Revisions have been made throughout the time series.

Algeria 34,096 34,591 35,268 35,978 36,

Angola 16,541 16,368 16,889 17,430 17,

Ecuador 13,605 13,805 14,005 14,307 14,

IR Iran 71,532 72,584 73,651 74,733 75,

Iraq 29,682 30,578 31,664 32,482 33,

Kuwait 3,400 3,442 3,485 3,582 3,

Libya 6,169 6,294 6,420 6,548 6,

Nigeria 147,722 151,212 154,729 158,260 163,

Qatar 1,226 1,448 1,639 1,700 1,

Saudi Arabia 24,941 25,787 26,661 27,563 28,

United Arab Emirates 4,364 4,485 4,599 4,710 4,

Venezuela 27,286 27,732 28,181 28,629 29,

OPEC 380,564 388,326 397,191 405,922 415,

OPEC Members’ mid-year population (1,000 inhabitants)

450,

400,

350,

300,

250,

200,

150,

100,

50,

0

Major oil companies’ crude and NGL production

(1,000 b/d)

1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2011

Algeria Angola Ecuador IR Iran Iraq Kuwait Libya Nigeria Qatar Saudi Arabia (^) UAE Venezuela

3,000,

2,500,

2,000,

1,500,

1,000,

500,

0

Algeria Angola Ecuador IR Libya Nigeria Qatar S

1970 1975 1980 1985 1990

1,200,

OPEC Members' Values of Petroleum Exports, US$ Mln (1960-2009)

800,

OPEC Member Countries' Values of Impo

G2. Algeria Angola Ecuador IR Iran Iraq Kuwait Libya Nigeria Qatar Saudi Arabia UAE Venezuela

Algeria Angola Ecuador IR Iran Iraq Kuwait Libya Nigeria Qatar Saudi Arabia UAE Venezuela

450,

400,

350,

300,

250,

200,

150,

100,

50,

0

Major oil companies’ crude and NGL production

(1,000 b/d)

1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2011 Algeria Angola Ecuador IR Iran (^) Iraq Kuwait Libya Nigeria Qatar Saudi Arabia (^) UAE Venezuela

3,000,

2,500,

2,000,

1,500,

1,000,

500,

0

Algeria Angola Ecuador IR Ira Libya Nigeria Qatar Saud

1970 1975 1980 1985 1990

OPEC Members' Values of Petroleum Exports, US$ Mln (1960-2009)

OPEC Member Countries' Values of Imports

G2. Algeria Angola Ecuador IR Iran Iraq Kuwait Libya Nigeria Qatar Saudi Arabia UAE Venezuela

Algeria Angola Ecuador IR Iran Iraq Kuwait Libya Nigeria Qatar Saudi Arabia UAE Venezuela

15 Macro-economics Table 2. Notes: Totals may not add up due to independent rounding. Revisions have been made throughout the time series.

OPEC Members’ GDP at current market prices (m $)

2007 2008 2009 2010 2011

Algeria 135,012 171,718 138,147 161,976 190, Angola 60,449 84,178 75,508 82,471 100, Ecuador 45,789 54,686 52,022 56,998 65, IR Iran 307,355 350,588 360,625 419,118 482, Iraq 86,125 130,204 110,968 134,463 189, Kuwait 114,569 147,544 105,933 124,247 176, Libya 68,567 97,681 62,959 80,442 36, Nigeria 175,110 183,282 165,758 225,573 235, Qatar 79,712 115,270 97,798 127,332 173, Saudi Arabia 384,686 476,305 376,692 447,762 577, United Arab Emirates 258,150 314,845 270,335 297,648 360, Venezuela 230,622 315,953 329,788 304,487 315, OPEC 1,946,145 2,442,253 2,146,533 2,462,516 2,905,

Graph 2.3: OPEC Members’ GDP at current market prices (m $) Graph 2.4: GDP at current market prices as a share of total OPEC, 2011 (per cent)

de and NGL production

75 1980 1985 1990 1995 2000 2005 2011 a Ecuador IR Iran Iraq Kuwait a Qatar Saudi Arabia^ UAE Venezuela 3,000, 2,500, 2,000, 1,500, 1,000, 500, 0

Algeria Angola Ecuador IR Iran Iraq Kuwait Libya Nigeria Qatar Saudi Arabia^ UAE Venezuela 1970 1975 1980 1985 1990 1995 2000 2005 2011 1, 1, 1, 800 600 400 200 s of Petroleum Exports, US$ Mln (1960-2009) 2.

OPEC Member Countries' Values of Imports, US$ Mln (1970-2011))

G2. Algeria Angola Ecuador IR Iran Iraq Kuwait Libya Nigeria Qatar Saudi Arabia UAE Venezuela Saud Ve

mpanies’ crude and NGL production

1970 1975 1980 1985 1990 1995 2000 2005 2011 Angola Ecuador IR Iran (^) Iraq Kuwait Nigeria Qatar Saudi Arabia^ UAE Venezuela 3,000, 2,500, 2,000, 1,500, 1,000, 500, 0

Algeria Angola Ecuador IR Iran (^) Iraq Kuwait Libya Nigeria Qatar Saudi Arabia^ UAE Venezue 1970 1975 1980 1985 1990 1995 2000 2005 20 mbers' Values of Petroleum Exports, US$ Mln (1960-2009) 2.

OPEC Member Countries' Values of Imports, US$ Mln (1970-2011))

G2. Algeria Angola Ecuador IR Iran Iraq Kuwait Libya Nigeria Qatar Saudi Arabia UAE Venezuela

Macro-economics

Graph 2.7: OPEC Members’ values of petroleum exports (m $)

Graph 2.8: Values of petroleum exports as a share of total OPEC, 2011 (per cent)

Table 2.

OPEC Members’ values of petroleum exports (m $)

Notes: Totals may not add up due to independent rounding. Where applicable, petroleum product exports are included. Data for some countries may include condensates as well as other NGLs. Iraq data excludes border trades. Some countries import substantial amounts of crude and products, resulting in lower net revenue from petroleum operations.

Algeria 44,481 53,706 30,584 38,209 51,

Angola 43,004 62,457 39,803 49,352 64,

Ecuador 8,329 11,643 6,965 9,649 14,

IR Iran 69,248 89,855 55,746 72,228 114,

Iraq 39,433 61,111 41,668 52,290 83,

Kuwait 59,006 82,672 48,914 61,754 96,

Libya 42,852 60,199 36,966 46,115 11,

Nigeria 51,170 74,305 44,732 65,674 86,

Qatar 22,817 28,156 19,134 31,474 44,

Saudi Arabia 205,452 280,998 161,914 215,385 318,

United Arab Emirates 73,816 102,073 52,871 66,864 104,

Venezuela 62,652 89,034 54,201 62,317 88,

OPEC 722,258 996,209 593,497 771,310 1,078,

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Algeria Angola Ecuador IR Iran Iraq Kuwait Libya Nigeria Qatar Saudi Arabia^ UAE Venezuela

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OPEC Members' Values of Petroleum Exports, US$ Mln (1960-2009)

Algeria Angola Ecuador IR Iran (^) Iraq Kuwait Libya Nigeria Qatar Saudi Arabia (^) UAE Venezuel

1970 1975 1980 1985 1990 1995 2000 2005 201

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Algeria Angola Ecuador IR Iran Iraq Kuwait Libya Nigeria Qatar Saudi Arabia UAE Venezuela

Algeria Angola Ecuador IR Iran Iraq Kuwait Libya Nigeria Qatar Saudi Arabia UAE Venezuela

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Major oil companies’ crude and NGL production

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Algeria Angola Ecuador IR Iran Iraq Kuwait Libya Nigeria Qatar Saudi Arabia^ UAE Venezuela

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OPEC Members' Values of Petroleum Exports, US$ Mln (1960-2009)

Algeria Angola Ecuador IR Iran (^) Iraq Kuwait Libya Nigeria Qatar Saudi Arabia (^) UAE Venezuela

1970 1975 1980 1985 1990 1995 2000 2005 2011

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Algeria Angola Ecuador IR Iran Iraq Kuwait Libya Nigeria Qatar Saudi Arabia UAE Venezuela

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Algeria Angola Ecuador IR Iran Iraq Kuwait Libya Nigeria Qatar Saudi Arabia UAE Venezuela 0 5 10 15 20 25 30

Macro-economics Graph 2.10: Values of imports as a share of total OPEC, 2011 (per cent) Table 2.

OPEC Members’ values of imports (m $)

Notes: Totals may not add up due to independent rounding. Revisions have been made throughout the time series. All figures cif.

2007 2008 2009 2010 2011

Algeria 26,350 37,990 37,400 40,472 46, Angola 13,662 20,982 22,660 16,667 21, Ecuador 13,893 18,685 15,093 19,961 22, IR Iran 58,240 70,199 66,598 65,769 68, Iraq 21,332 32,888 36,858 39,275 50, Kuwait 21,313 24,872 20,340 22,413 25, Libya 12,954 19,644 21,165 21,940 10, Nigeria 28,291 39,844 33,747 44,129 63, Qatar 23,430 27,900 24,922 23,240 25, Saudi Arabia 90,157 115,134 95,544 106,863 129, United Arab Emirates 150,103 200,300 170,127 183,430 210, Venezuela 46,660 50,971 39,646 38,613 46, OPEC 506,385 659,410 584,100 622,772 721,

Graph 2.9: OPEC Members’ values of imports (m $) 05 2011 Kuwait enezuela 3,000, 2,500, 2,000, 1,500, 1,000, 500, 0

Algeria Angola Ecuador IR Iran (^) Iraq Kuwait Libya Nigeria Qatar Saudi Arabia (^) UAE Venezuela 1970 1975 1980 1985 1990 1995 2000 2005 2011 1,400, 1,200, 1,000, 800, 600, 400, 200, 0

Algeria Angola Ecuador Libya Nigeria Qatar 1970 1975 1980 1985 1990 Kuwait Venezuela 05 2011

800, 700, 600, 500, 400, 300, 200, 100, 0

OPEC Member Countries' Values of Imports, US$ Mln (1970-2011))

Algeria Angola Ecuador IR Iran (^) Iraq Kuwait Libya Nigeria Qatar Saudi Arabia (^) UAE Venezuela 1970 1975 1980 1985 1990 1995 2000 2005 2011

0 5 10 15 20 25 30 35 100, 200, 300, 400, 500, 1990 1992 1994 199 0 –100, 160, 140, 120, 100, 80, 60, 40, 20, 0 –20, 2000 2005 2 AlgeriaAngolaEcuadorIR Iran

G2. Algeria Angola Ecuador IR Iran Iraq Kuwait Libya Nigeria Qatar Saudi Arabia UAE Venezuela Algeria Angola Ecuador IR Iran Iraq Kuwait Libya Nigeria Qatar Saudi Arabia UAE Venezuela Algeria Angola Ecuador IR Iran Iraq Kuwait Libya Nigeria Qatar Saudi Arabia UAE Venezuela 0 5 10 15 0 05 2011 Kuwait Venezuela 3,000, 2,500, 2,000, 1,500, 1,000, 500, 0

Algeria Angola Ecuador IR Iran Iraq Kuwait Libya Nigeria Qatar Saudi Arabia^ UAE Venezuela 1970 1975 1980 1985 1990 1995 2000 2005 2011 1,400, 1,200, 1,000, 800, 600, 400, 200, 0

Algeria Angola Ecuador Libya Nigeria Qatar 1970 1975 1980 1985 1990 Kuwait Venezuela 05 2011

800, 700, 600, 500, 400, 300, 200, 100, 0

OPEC Member Countries' Values of Imports, US$ Mln (1970-2011))

Algeria Angola Ecuador IR Iran Iraq Kuwait Libya Nigeria Qatar Saudi Arabia^ UAE Venezuela 1970 1975 1980 1985 1990 1995 2000 2005 2011

0 5 10 15 20 25 30 35 100, 200, 300, 400, 500, 1990 1992 1994 19 0 –100, 160, 140, 120, 100, 80, 60, 40, 20, 0 –20, 2000 2005 2 AlgeriaAngolaEcuadorIR Ira

G2. Algeria Angola Ecuador IR Iran Iraq Kuwait Libya Nigeria Qatar Saudi Arabia UAE Venezuela Algeria Angola Ecuador IR Iran Iraq Kuwait Libya Nigeria Qatar Saudi Arabia UAE Venezuela Algeria Angola Ecuador IR Iran Iraq Kuwait Libya Nigeria Qatar Saudi Arabia UAE Venezuela 0 5 10 15 0