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