March/April 2003 Issue

Pakistan: Oil

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Oil Reserves1 0.31 Billion barrels
2002 Oil Production1 21.9 Million barrels
2002 Oil Production Value2 $0.510 Billion
2002 Oil Production as Percentage of GDP3 0.89%
Companies Actively Pumping3 Oil and Gas Development Corporation; Atlantic Richfield (USA); TotalFina-Elf (France); Marubeni (Japan); ExxonMobil (USA); Royal Dutch Shell (UK and Netherlands); Xenal (Saudi Arabia)

1 Source: Oil & Gas Journal, December 23rd 2002; pp. 113-115
2 Based on average imported refiner acquisition cost, January to October, 2002. Source: Monthly Energy Review, www.eia.doe.gov/emeu/mer/prices.html
3 Source: Energy Information Administration country analysis briefs, www.eia.doe.gov/emeu/cabs/

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