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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    OAPEC: 30% of the oil reserves, the three Arab countries, including Iraq

    Rocky
    Rocky
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    reserves -  OAPEC: 30% of the oil reserves, the three Arab countries, including Iraq Empty OAPEC: 30% of the oil reserves, the three Arab countries, including Iraq

    Post by Rocky Sun Oct 30, 2016 5:11 am

    [size=30]OAPEC: 30% of the oil reserves, the three Arab countries, including Iraq[/size]
    30/10/2016 11:17 | Number of Views: 32
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    reserves -  OAPEC: 30% of the oil reserves, the three Arab countries, including Iraq Thumbnail.php?file=_______1_557742069
    Direction Press / Agencies
     
    Arab countries Organization of Petroleum Exporting said (OAPEC) The oil reserves to Saudi Arabia, Iraq and Kuwait of about 511.2 billion barrels, indicating that it represents about 30 percent of total world oil reserves.
    She explained (OAPEC) in an editorial published in the last monthly published by the Kuwait News Agency (KUNA), that "the world's total proven oil reserves estimated at 1.697 trillion barrels at the end of 2015," noting that "the proven oil reserves in the Member States of the Organization (OAPEC ) during the same period is estimated at about 701.6 billion barrels account for about 41.3 percent of the total global oil reserves. "
    It pointed out that "since mid-2014 has been postponed to pump about 222 billion US dollars of capital investment and development operations for about 4.2 million barrels of oil equivalent per day of maximum production capacity, noting that it could lead in the long term to a reduction in supply and a rise in prices ".
    It reported that "the average oil production in the Member States of the Organization of OAPEC amounted to about 27 million barrels per day in 2015, the problem of 29.5 percent of the total global oil production."
    She (OAPEC) said, "The International Energy Agency predicts that global oil production up to 100.4 million barrels per day by 2040 and that oil production up to the seven Arab countries (Algeria, Iraq, Kuwait, Qatar, Libya, Saudi Arabia and United Arab Emirates) to 35.3 million bpd, representing a about 35.2 percent of the total global production in 2040 ". 


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