OPEC. Annual Statistical Bulletin Fuad Al Zayer Head, Data Services Department OPEC September

Transcription

1 OPEC Annual Statistical Bulletin 2006 Fuad Al Zayer Head, Data Services Department OPEC 1 13 September ,

2 OUTLINE Present the 2006 edition of the OPEC ASB Show examples of topics highlighted in the 2006 ASB with emphasis on OPEC Member Countries data 2 13 September ,

3 ASB BACKGROUND The ASB provides accurate, reliable and comprehensive oil and gas data with special emphasis on OPEC Member Countries The ASB is part of OPEC efforts to enhance data transparency in the petroleum industry The ASB is one of the oldest statistical publications in the oil and gas industry 3 13 September ,

4 BACKGROUND First published in 1965 Circulation originally limited Major improvements on content and layout during last years Since 1994 includes also a digital copy Since 2000 available on OPEC website 4 13 September ,

5 IMPROVEMENTS IN 2006 EDITION Improvement in publication date (July 2007) Enhancement of content and graphical presentation Interactive viewing of data and graphs including links to MCs profiles on OPEC Website Inclusion of comprehensive data on the new OPEC Member Angola 5 13 September ,

6 SOURCES OF DATA Direct data communication with the MCs monthly data communication, JODI annual questionnaire occasional questionnaires based on subjects of importance Continuous improvement in data quality meetings of working party on flow of statistics visit to MCs Acquiring data from identified external sources in an optimal way international / regional organizations company reports specialized reports and publications 6 13 September ,

7 CONTENT OF ASB 2006 Section 1: Summary tables Section 2: Oil and gas data Exploration and reserves Production Refining Consumption Exports (by destination) Import Section 3: Transportation Tanker capacity Freight rates Pipeline Section 4: Prices Crude oil & refined products Composite barrel Nominal, real prices Section 5: Major oil companies operations Revenues, net income Capital expenditures ASB Interactive 7 13 September ,

8 EXAMPLES OF ASB CONTENTS While nominal income has been increasing, the real income is still at the level of the 80s 8 13 September ,

9 OPEC OIL EXPORT (BILLION US$) Nominal Real (base=1980) September ,

10 GDP/CAPITA IN OPEC MCs (US$) 65,000 60,000 55,000 50,000 45,000 40,000 35,000 30,000 25,000 20,000 15,000 10,000 5,000 0 Algeria Angola Indonesia Iran Iraq Kuwait Libya Nigeria Qatar Saudi Arabia UAE Venezuela Total OPEC September ,

11 EXAMPLES OF ASB CONTENTS While nominal income has been increasing, the real income is still at the level of the 80s OPEC s share in crude oil reserves accounts for more than 75% and natural gas reserves nearly 50% of proven world reserves September ,

12 PROVEN CRUDE OIL RESERVES (BILL. BARREL) AT END 2006 Algeria Angola Indonesia Libya, S.P.A.J. Nigeria Qatar Iraq Kuwait Iran, I.R. 273 (23%) OPEC 922 (77%) UAE Venezuela Saudi Arabia September ,

13 PROVEN NATURAL GAS RESERVES (TRILL. CU M.) AT END 2006 Algeria Angola Indonesia Iran, I.R. Iraq Kuwait Libya, S.P.A.J. OPEC Nigeria Qatar % % Saudi Arabia UAE Venezuela September ,

14 ACTIVE RIGS IN OPEC COUNTRIES & WORLD (AT YEAR END) 400 3, , ,500 2,000 1,500 1, Non-OPEC EXC. E.EUROPE (RHS) OPEC September ,

15 EXAMPLES OF ASB CONTENTS While nominal income has been increasing, the real income is still at the level of the 80s OPEC s share in crude oil reserves accounts for more than 75% and natural gas nearly 50% of the world OPEC s share of crude production is keeping up with requirements September ,

16 CRUDE OIL PRODUCTION mb/d % 70 NON OPEC OPEC OPEC Share %, R-axis OPEC Share (%) 50% OPEC Non-OPEC 0 0% September ,

17 GROWTH OF CRUDE OIL PRODUCTION ( ) World OPEC FSU Other North Sea United States mb/d September ,

18 EXAMPLES OF ASB CONTENTS While nominal income has been increasing, the real income is still at the level of the 80s OPEC s share in crude oil reserves accounts for more than 75% and natural gas nearly 50% of the world OPEC s share of crude production is keeping up with the requirement Downstream investment in non-opec Countries is not sufficient September ,

19 REFINING IN MAJOR MARKETS & OPEC 80 N. America W. Europe Asia & Pacific OPEC (mb/d) September ,

20 INVESTMENT BY MAJOR OIL COMPANIES Billion US$ UPSTREAM DOWNSTREAM September ,

21 EXAMPLES OF ASB CONTENTS While nominal income has been increasing, the real income is still at the level of the 80s OPEC s share in crude oil reserves accounts for more than 75% and natural gas nearly 50% of the world OPEC s share of crude production is keeping up with the requirement OPEC share of downstream activity has been higher than major marketing areas World oil consumption geography has changed considerably September ,

22 WORLD OIL CONSUMPTION BY REGION 80 mb/d North America Europe Asia and Pacific (Excl. China) China Others (1) (3) (5) % % (1) (3) (5) North America Europe Asia and Pacific (excl. China) China Others World September ,

23 EXAMPLES OF ASB CONTENTS While nominal income has been increasing, the real income is still at the level of the 80s OPEC s share in crude oil reserves accounts for more than 75% and natural gas nearly 50% of the world OPEC s share of crude production is keeping up with the requirement Downstream investment in non-opec Countries is not sufficient World oil consumption has been increasing with OPEC MCs gaining more relative importance OPEC s crude oil exports to Asia has been growing September ,

24 OPEC CRUDE EXPORTS mb/d North America Europe Asia Pacific Others September ,

25 SUMMARY While nominal income has been increasing, the real income is still at the level of the 80s OPEC s share in crude oil reserves accounts for more than 75% and natural gas nearly 50% of the world OPEC s share of crude production is keeping up with the requirement Downstream investment in non-opec Countries is not sufficient World oil consumption has been increasing with OPEC MCs gaining more relative importance OPEC s crude oil exports to Asia has been growing September ,

26 CONCLUSION The ASB is part of OPEC s efforts to promote data transparency in the petroleum industry OPEC Secretariat will continue its efforts to further improve the quality of the data contained in the ASB OPEC Secretariat expresses its appreciation to the MCs for their support September ,

27 Thank you for your attention September ,