OPEC Annual Statistical Bulletin 2006 Fuad Al Zayer Head, Data Services Department OPEC 1 13 September 2007 http://www.opec.org 2006,
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 2007 http://www.opec.org 2006,
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 2007 http://www.opec.org 2006,
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 2007 http://www.opec.org 2006,
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 2007 http://www.opec.org 2006,
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 2007 http://www.opec.org 2006,
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 2007 http://www.opec.org 2006,
EXAMPLES OF ASB CONTENTS While nominal income has been increasing, the real income is still at the level of the 80s 8 13 September 2007 http://www.opec.org 2006,
OPEC OIL EXPORT (BILLION US$) 700 600 500 400 Nominal Real (base=1980) 300 200 100 0 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 9 13 September 2007 http://www.opec.org 2006,
GDP/CAPITA IN OPEC MCs (US$) 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 10 13 September 2007 http://www.opec.org 2006,
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 11 13 September 2007 http://www.opec.org 2006,
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 0 50 100 150 200 250 300 12 13 September 2007 http://www.opec.org 2006,
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 92 50.7% 89 49.3% Saudi Arabia UAE Venezuela 0 5 10 15 20 25 30 13 13 September 2007 http://www.opec.org 2006,
ACTIVE RIGS IN OPEC COUNTRIES & WORLD (AT YEAR END) 400 3,500 350 3,000 300 250 200 150 100 2,500 2,000 1,500 1,000 50 500 0 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 0 Non-OPEC EXC. E.EUROPE (RHS) OPEC 14 13 September 2007 http://www.opec.org 2006,
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 15 13 September 2007 http://www.opec.org 2006,
CRUDE OIL PRODUCTION mb/d 80 100% 70 NON OPEC OPEC OPEC Share %, R-axis 60 50 40 OPEC Share (%) 50% 30 20 10 OPEC Non-OPEC 0 0% 2006 2004 2002 2000 1998 1996 1994 1992 1990 1988 1986 1984 1982 1980 1978 1976 1974 1972 1970 1968 1966 1964 1962 1960 16 13 September 2007 http://www.opec.org 2006,
GROWTH OF CRUDE OIL PRODUCTION (2004-2006) World OPEC FSU Other North Sea United States 2004 2005 2006 mb/d -2-1 0 1 2 3 4 5 6 7 8 17 13 September 2007 http://www.opec.org 2006,
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 18 13 September 2007 http://www.opec.org 2006,
REFINING IN MAJOR MARKETS & OPEC 80 N. America W. Europe Asia & Pacific OPEC (mb/d) 70 60 50 40 30 20 10 0 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 19 13 September 2007 http://www.opec.org 2006,
INVESTMENT BY MAJOR OIL COMPANIES Billion US$ 80 70 60 50 40 30 20 10 0 UPSTREAM DOWNSTREAM 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 20 13 September 2007 http://www.opec.org 2006,
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 21 13 September 2007 http://www.opec.org 2006,
WORLD OIL CONSUMPTION BY REGION 80 mb/d 60 40 20 0 1986 1991 1996 2001 2006 North America Europe Asia and Pacific (Excl. China) China Others 19 17 15 13 11 9 7 5 3 1 (1) (3) (5) % 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 % 19 17 15 13 11 9 7 5 3 1 (1) (3) (5) North America Europe Asia and Pacific (excl. China) China Others World 22 13 September 2007 http://www.opec.org 2006,
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 23 13 September 2007 http://www.opec.org 2006,
OPEC CRUDE EXPORTS 25.0 20.0 mb/d 15.0 10.0 5.0 0.0 1960 1970 1980 1990 2000 2006 North America Europe Asia Pacific Others 24 13 September 2007 http://www.opec.org 2006,
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 25 13 September 2007 http://www.opec.org 2006,
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 26 13 September 2007 http://www.opec.org 2006,
Thank you for your attention 27 13 September 2007 http://www.opec.org 2006,