Oil Reserves1 | 98.1 Billion barrels |
2002 Oil Production1 | 724.3 Million barrels |
2002 Oil Production Value2 | $16.876 Billion |
2002 Oil Production as Percentage of GDP3 | 26.75% |
Companies Actively Pumping3 | Abu Dhabi National Oil Company (ADNOC). |
Top Countries Oil Exported to4 | Japan (60%); United States (1%) |
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/
4 Source: International Petroleum Encyclopedia. Tulsa, OK: PennWell Publishing Co. (2002), pp. 79-84.