††††† Imports from the Persian Gulf Region, 2000

 

 

 

As % of Demand

 

As % of Net Oil Imports

 

 

U.S.

W. Europe

Japan

 

U.S.

 

W. Europe

Japan

 

12.5%

22.0%

73.0%

 

22.1%

 

45.0%

75.0%

 

†††††††† World Crude Oil Reserves

 

North America

 

Billion Barrels

Percent

 

Middle East

 

Billion Barrels

Percent

Canada

 

4.9

0.5%

 

Iran

 

89.7

8.8%

Mexico

 

28.4

2.8%

 

Iraq

 

112.5

11.1%

Unites States

 

21.8

2.1%

 

Kuwait

 

96.5

9.5%

Total

 

55.1

5.4%

 

Oman

 

5.3

0.5%

Central & South America

 

 

 

 

Qatar

 

3.7

0.4%

Argentina

 

2.8

0.3%

 

Saudi Arabia

 

263.5

25.9%

Brazil

 

7.4

0.7%

 

Syria

 

2.5

0.2%

Colombia

 

2.6

0.3%

 

UAE

 

97.8

9.6%

Ecuador

 

2.1

0.2%

 

Yemen

 

4.0

0.4%

Venezuela

 

72.6

7.1%

 

Other

 

0.1

0.0%

Other

 

2.0

0.2%

 

Total Persian Gulf

 

663.7

65.3%

Total

 

89.5

8.8%

 

Total

 

675.6

66.4%

Western Europe

 

 

 

 

Eastern Europe and Former USSR

 

 

 

Norway

 

10.8

1.1%

 

Kazakhstan

 

5.4

0.5%

United Kingdom

 

5.2

0.5%

 

Russia

 

48.6

4.8%

Other

 

2.8

0.3%

 

Other

 

4.9

0.5%

Total

 

18.8

1.8%

 

Total

 

58.9

5.8%

Africa

 

 

 

 

Asia and Oceania

 

 

 

Algeria

 

9.2

0.9%

 

Afghanistan

 

0.0

0.0%

Angola

 

5.4

0.5%

 

Australia

 

2.9

0.3%

Egypt

 

2.9

0.3%

 

China

 

24.0

2.4%

Gabon

 

2.5

0.2%

 

India

 

4.8

0.5%

Libya

 

29.5

2.9%

 

Indonesia

 

5.0

0.5%

Nigeria

 

22.5

2.2%

 

Malaysia

 

3.9

0.4%

Other

 

2.9

0.3%

 

Other

 

3.4

0.3%

Total

 

74.9

7.4%

 

Total

 

44.0

4.3%

Source: Oil and Gas Journal

 

 

 

 

Total

 

1016.8

100.0%

 

Saudi Arabia Facts

 

Literacy Rate:

 

 

Male 72%, Female 50%

 

 

 

Infant Mortality:

 

51 per 1000

External Debt:

 

 

$26.3 Bil.

 

 

 

Growth in GDP per capita:

 

-4% (1999)

 

 

 

 

 

 

 

Source: CIA, World Bank

 

 

 

U S. Oil Companies and Saudi Arabia

†† Saudi oil was originally developed by 4 U. S. companies, Exxon and Mobil (now Exxon-Mobil), Chevron,

and Texaco. Saudi Arabia nationalized most oil production in the mid-70s, but still does business with

U. S. companies on a large scale. In June, 2001, Exxon Mobil added to its large Saudi refining and petrochemical

investments by becoming the lead investor in a $25 bil project to produce and export natural gas.

 

U. S. Oil Companies and Afghanistan

Afghanistan has no proven oil reserves, but may have some natural gas. More important it is would be a

desirable route for a pipeline from the oil and gas fields of Central Asia. U. S. oil company Unocal was

wooing the Taliban for a pipeline deal, supported by the U. S. gov't, but gave up in 1998. When the Taliban are

driven out, the prospects for Unocalís project are much improved.

 

†††††††††††† Biggest U.S Oil Companies by Assets, 2000

 

Rank

 

††† Company

Assets

Revenue

 

 

 

 

 

 

 

1

 

Exxon-Mobil

$149 Bil

$233 Bil

 

2

 

Chevron

$ 42 Bil

$ 52 Bil

 

3

 

BP (U. S.)

$ 38 Bil

$ 73 Bil

 

4

 

Shell (U. S.)

$ 33 Bil

$ 30 Bil

 

5

Texaco

$ 31 Bil

$ 51 Bil

 

6

Phillips

$ 21 Bil

$ 21 Bil

 

7

Occidental

$ 19 Bil

$ 15 Bil

 

8

Conoco

$ 18 Bil

$ 39 Bil

 

9

Anadarko

$ 17 Bil

$6 Bil

 

10

USX-Marathon

$ 15 Bil

$ 34 Bil

 

†††† Source:

 

Oil and Gas Journal