Imports from the Persian Gulf Region, 2000

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

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 Unocal’s project are much improved.

Biggest U.S Oil Companies by Assets, 2000