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Annual Report
3-1-2 NGL Production in OAPEC Members and the World
Estimates show that world natural gas liquids production
slumped by 7.5% from 8.9 million barrels per day in 2010, to 7.5
million barrels per day in 2010. Data indicate that NGL production
in UAE declined from 214 thousand barrels per day 2010, to 94
thousand barrels per day in 2011. In Algeria, NGL production
declined by 5.4% from 514 thousand barrels per day in 2010, to
486 thousand barrels per day in 2011. Libyan NGLoutput declined
by 72.7% from 70 thousand barrels per day in 2010 to 19 thousand
barrels per day in 2011, Kuwaiti NGL declined by 25% from 40
thousand barrels per day in 2010 to 30 thousand barrels per day in
2011. Egypt NGL production declined in turn by 31% from 158
thousand barrels per day in 2010 to 109 thousand barrels per day
in 2011.
Production of NGL increased in Saudi Arabia by 4.9% from 962
thousand barrels per day in 2010, to more than 1 million barrels per
day in 2011. The production increased in Iraq from 44 thousand
barrels per day in 2010 to 45 thousand barrels per day in 2011.
On the other hand, Omani and Yemeni NGL outputs remained
unchanged between 2010 and 2011.
Generally speaking, OAPEC members’ production of NGL
declined by 1.5% between 2010 and 2011, while Arab countries NGL
production declined by 1.4%. The share of OAPEC members’ NGL
production comparing to world NGL production increased from 35%
in 2010 to 37.6% in 2011.
Table (2-7)
.
