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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

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    Iraq's fifth in oil reserves

    Rocky
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    Iraq's fifth in oil reserves Empty Iraq's fifth in oil reserves

    Post by Rocky Sun 30 Apr 2017, 3:54 am

    Iraq's fifth in oil reserves



    BAGHDAD (Reuters) -

    EBR company dealt with the development of oil and gas discoveries important hydrocarbon products in the world and the countries that dominated the market over the past decades.

    And it issued a list of ten countries, which has the largest proven oil reserves, as follows:

    Venezuela has the largest proven oil reserves of 300 billion barrels of oil, and in 2011 Venezuela surpassed Saudi Arabia in the list of countries with the largest oil reserves. However, the development of these huge reserves was at the bottom of government concerns due to political unrest over the past few years. The Venezuela also has huge reserves of oil sands such as those in Canada. Due to the nature of the sticky, it can produce oil from tar sands this through traditional means.
    Saudi Arabia, with it remained the largest owner reserves for several decades, but it fell Baanaatiadtha 269 billion barrels as at the first of 2016, and an estimated five global conventional reserves. And it sits a large part of its reserves in a small number of giant oil fields, is expected to return to the first place in terms of reserves if it has strengthened its activities on the level of exploration.
    Canada resolved in third place confirmed Baanaatiadtha amounting to 171 billion barrels, and sits 95% of Canada's oil reserves of conventional oil sands in the province of Alberta, and issued a large part of Canadian oil to the United States.
    Iran and its reserves of 157.8 billion barrels as the first of January, and is expected to continue for a decade as production levels in 2006, Iran has been an erosion of production over the past few decades because of the war with Iraq, and the need for investments among other factors.
    Iraq and its reserves of 143 billion barrels, the oil industry has been affected by the wars in Iraq and political instability, and is considered the cities of Basra, Baghdad and Rumaila of the most important sites that embrace of Iraq's oil reserves.
    Kuwait, holds reserves of 104 billion barrels and embraces the giant Burgan field about 70% of which, as the second-largest oil fields in the world. Despite being a small country, Kuwait contributes significantly to the world's oil reserves. As the third largest oil producer among OPEC countries, it accounts for 8% of the world's oil reserves.
    Emirates, the combined reserves estimated at 98 billion barrels of which 66 billion barrels in the Zkm field in Abu Dhabi, which accounts for 90% of reserves, followed by Dubai and Sharjah.
    Russia, its reserves of 80 billion barrels, large part is located in the plains of Siberia. Production fell after the collapse of the Soviet Union, but rebounded later as a result of the privatization of the energy industry. As the country in its exploration, it is expected to boost its oil reserves in the Arctic and icy water.
    Libya, and its reserves of 48.3 billion barrels, the largest oil reserves in Africa, and damaged exploration efforts because of the war and the sanctions imposed on the international oil companies.
    Finally Nigeria, which owns 37 billion barrels, the second confirmed in Africa's reserves.
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