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Arab Cooperation in the Field of Petroleum:

Not an official UNCTAD record. Arab Cooperation in the Field of Petroleum:. The OAPEC Experience. Presented by Dr. Usameh Jamali. To : The 8 th African Oil & Gas Trade & Finance Conference Marrakech 26 – 30 April 2004. Organization of Arab Petroleum Exporting Countries (OAPEC).

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Arab Cooperation in the Field of Petroleum:

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  1. Not an official UNCTAD record Arab Cooperation in the Field of Petroleum: The OAPEC Experience Presented byDr. Usameh Jamali To : The 8th African Oil & Gas Trade & Finance Conference Marrakech 26 – 30 April 2004

  2. Organization of Arab Petroleum Exporting Countries (OAPEC)

  3. OAPEC Member Countries Algeria Egypt Iraq Bahrain Area : 707 sq. km. Population : 740,000 Area : 2,381,741 sq. km. Population : 33,667,000 Area : 1,002,000 sq. km. Population : 66,024,000 Area : 435,052 sq. km. Population : 25,033,000 Libya Qatar S.Arabia Kuwait Area : 11,427 sq. km. Population : 583,000 Area : 2,250,000 sq. km. Population : 23,374,000 Area : 17,818 sq. km. Population : 2,363,000 Area : 1,775,500 sq. km. Population : 6,021,000 Syria Tunisia UAE Area : 83,600 sq. km. Population : 3,480,000 Area : 155,566 sq. km. Population : 9,779,000 Area : 185,180 sq. km. Population : 17,214,000

  4. OAPEC & World Proven Oil Reserves,2003 Total World Reserves 1105.26 Billion barrels at year end

  5. OAPEC & World Crude Oil Production,2003 Total World Production 67.95 Million b/d

  6. OAPEC & World Natural Gas Reserves, 2003 Total World Reserves 172299 Billion cubic meters at year end

  7. OAPEC & World Natural Gas Production, 2002 Total World Production 3210 Billion cubic meters /year

  8. Proven Oil Reserves in OAPEC Member Countries(Billion barrels) Increase 106.4 %

  9. Crude Oil Production in OAPEC Member Countries(Thousand b/d) Increase 3.0 %

  10. Natural Gas Reserves in OAPEC Member Countries(Billion cubic meters) Increase 482.7 %

  11. Natural Gas Production in OAPEC Member Countries(Billion cubic meters/year) Increase 404.4 %

  12. Installed Refining Capacity in OAPEC Member Countries(Thousand b / d) Increase 264.8 %

  13. OAPEC – Sponsored Ventures & Their Subsidiaries Arab Maritime Petroleum Transport Company (AMPTC) 1973 Arab Detergent Chemical Company (ARADET) Arab Petroleum Services Company (APSCO) 1977 100 % 32 % Arab Well Logging Company(AWLCO) 40 % Arab Shipbuilding & Repair Yard Company (ASRY) 1974 Arab Petroleum Training Institute (APTI) 1978 Arab Drilling & Workover Company (ADWOC) 20 % 40 % 10 % Arab Geophysical Exploration Services Company (AGESCO) Arab Petroleum Investment Corporation (APICORP) 1975

  14. Council of Ministers Executive Bureau Judicial Tribunal General Secretariat Secretary General’s Office Arab Center for Energy Studies Economics Department Finance & Administrative Affairs Department Technical Affair Department Information & Library Department OAPEC’S Organization Structure

  15. Summation: OAPEC should be viewed as a developmental institution. OAPEC’s main purpose: The support of the Arab petroleum industry. OAPEC’s main instrument: The establishment of strategic joint ventures. OAPEC is effective at times of political stability and mutual trust among its members.

  16. Thank You For more information: OAPEC Website :http//www.oapecorg.org OAPEC Email :OAPEC@qualitynet.net

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