OPEC Annual Statistical Bulletin 2006
OPEC Annual Statistical Bulletin 2006
OPEC Annual Statistical Bulletin 2006
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SUMMARY<br />
� While nominal income has been increasing, the real income is<br />
still at the level of the 80s<br />
� <strong>OPEC</strong>’s share in crude oil reserves accounts for more than<br />
75% and natural gas nearly 50% of the world<br />
� <strong>OPEC</strong>’s share of crude production is keeping up with the<br />
requirement<br />
� Downstream investment in non-<strong>OPEC</strong> Countries is not<br />
sufficient<br />
� World oil consumption has been increasing with <strong>OPEC</strong> MCs<br />
gaining more relative importance<br />
� <strong>OPEC</strong>’s crude oil exports to Asia has been growing<br />
25 13 September 2007 http://www.opec.org<br />
© <strong>2006</strong>, Organization of the Petroleum Exporting Countries<br />
Organization of the Petroleum Exporting Countries
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