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9<br />

OPEC Annual Statistical Bulletin 2004 Summary Table<br />

OPEC proven crude oil reserves, 1969–2004 (m b)<br />

1969 1970 1971 1972 1973 1974 1975 1976 1977<br />

Algeria 8,000 8,098 9,840 9,750 7,640 7,700 7,370 6,800 6,600<br />

Indonesia 9,000 10,000 10,400 10,005 10,500 15,000 14,523 13,973 13,357<br />

IR Iran 55,000 60,000 58,344 65,000 62,861 66,000 64,500 63,000 62,000<br />

Iraq 27,500 32,000 35,990 29,000 31,500 35,000 34,300 34,000 34,500<br />

Kuwait 74,500 79,950 78,198 72,900 72,750 81,450 71,200 70,550 70,100<br />

SP Libyan AJ 28,866 27,655 26,648 25,829 25,036 24,481 23,942 23,236 22,484<br />

Nigeria 5,000 9,300 11,680 15,000 20,000 20,900 20,200 19,445 18,700<br />

Qatar 5,500 4,300 6,000 7,000 6,500 6,000 5,850 5,700 5,600<br />

Saudi Arabia 146,500 141,350 139,609 146,000 143,227 173,150 170,567 167,428 164,070<br />

United Arab Emirates 17,000 12,783 20,502 22,768 25,500 33,920 32,200 31,200 32,425<br />

Venezuela 14,750 14,000 13,762 13,919 13,812 18,567 18,398 18,228 18,039<br />

OPEC 391,616 399,436 410,973 417,171 419,326 482,168 463,051 453,560 447,876<br />

1978 1979 1980 1981 1982 1983 1984 1985 1986<br />

Algeria 6,300 8,440 8,200 8,080 9,440 9,220 9,000 8,820 8,800<br />

Indonesia 12,761 12,180 11,603 11,018 10,534 10,080 9,611 9,180 9,000<br />

IR Iran 60,088 58,833 58,296 57,020 56,148 55,257 58,874 59,000 92,860<br />

Iraq 32,100 31,000 30,000 32,000 59,000 65,000 65,000 65,000 72,000<br />

Kuwait 69,440 68,530 67,930 67,730 67,150 67,000 92,710 92,464 94,522<br />

SP Libyan AJ 21,761 20,999 20,330 22,600 22,186 21,784 21,425 21,300 22,800<br />

Nigeria 18,200 17,400 16,700 16,500 16,750 16,550 16,650 16,600 16,066<br />

Qatar 4,000 3,760 3,585 3,450 3,425 3,330 4,500 4,500 4,500<br />

Saudi Arabia 168,940 166,480 168,030 167,850 165,484 168,848 171,710 171,490 169,744<br />

United Arab Emirates 31,316 29,411 30,410 32,176 32,354 32,340 32,490 32,990 97,203<br />

Venezuela 18,228 18,523 19,530 19,888 24,900 25,887 28,028 54,454 55,521<br />

OPEC 443,134 435,556 434,614 438,312 467,371 475,295 509,998 535,798 643,016<br />

1987 1988 1989 1990 1991 1992 1993 1994 1995<br />

Algeria 8,564 9,200 9,236 9,200 9,200 9,200 9,200 9,979 9,979<br />

Indonesia 9,000 9,000 5,114 5,415 5,909 5,598 5,167 4,980 4,980<br />

IR Iran 92,860 92,860 92,860 92,850 92,860 92,860 92,860 94,300 93,700<br />

Iraq 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000<br />

Kuwait 94,525 94,525 97,125 97,025 96,500 96,500 96,500 96,500 96,500<br />

SP Libyan AJ 22,800 22,800 22,800 22,800 22,800 22,800 22,800 22,800 29,500<br />

Nigeria 15,980 16,000 16,000 17,100 20,000 20,991 20,991 20,991 20,828<br />

Qatar 4,500 4,500 4,500 2,993 2,993 3,121 3,121 3,500 3,700<br />

Saudi Arabia 169,585 254,989 260,050 260,342 260,936 261,203 261,355 261,374 261,450<br />

United Arab Emirates 98,105 98,105 98,105 98,100 98,100 98,100 98,100 98,100 98,100<br />

Venezuela 58,101 58,505 59,040 60,054 62,649 63,330 64,448 64,877 66,329<br />

OPEC 674,020 760,484 764,830 765,879 771,947 773,702 774,541 777,400 785,066<br />

1996 1997 1998 1999 2000 2001 2002 2003 2004<br />

Algeria 10,800 11,200 11,314 11,314 11,314 11,314 11,314 11,800 11,350<br />

Indonesia 4,980 4,867 5,100 5,201 5,123 5,095 4,722 4,320 4,301<br />

IR Iran 92,600 92,600 93,700 93,100 99,530 99,080 130,690 133,250 132,460<br />

Iraq 112,000 112,500 112,500 112,500 112,500 115,000 115,000 115,000 115,000<br />

Kuwait 96,500 96,500 96,500 96,500 96,500 96,500 96,500 99,000 101,500<br />

SP Libyan AJ 29,500 29,500 29,500 29,500 36,000 36,000 36,000 39,126 39,126<br />

Nigeria 20,828 20,828 22,500 29,000 29,000 31,506 34,349 35,255 35,876<br />

Qatar 3,700 3,700 3,700 3,700 13,157 15,207 15,207 15,207 15,207<br />

Saudi Arabia 261,444 261,541 261,542 262,784 262,766 262,697 262,790 262,730 264,310<br />

United Arab Emirates 97,800 97,800 97,800 97,800 97,800 97,800 97,800 97,800 97,800<br />

Venezuela 72,667 74,931 76,108 76,848 76,848 77,685 77,307 77,226 79,729<br />

OPEC 802,819 805,967 810,264 818,247 840,538 847,884 881,679 890,714 896,659<br />

Notes: Figures as at year-end. Totals may not add up due to independent rounding. Revisions have been made throughout the time series.<br />

17

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