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Final Cover 2010-E The Secretary General's 37 The Secretary Organization of Arab Petroleum Exporting Countries (OAPEC) th Annual Report A.H. 1430 - 1431 / A.D. 2010 A.H. 1430 - 1431 / The Secretary General's 37th Annual Report Organization of Arab Petroleum Exporting Countries (OAPEC) ORGANIZATION OF ARAB PETROLEUM EXPORTING COUNTRIES (OAPEC) All rights reserved. The Organization of Arab Petroleum Exporting Countries (OAPEC), 2010. ORGANIZATION OF ARAB PETROLEUM EXPORTING COUNTRIES (OAPEC) P.O. Box 20501Safat, 13066 kuwait Kuwait Tel.: (00965) 24959000 - Faxmaill: (00965) 24959755 E.mail: [email protected] www.oapecorg.org ORGANIZATION OF ARAB PETROLEUM EXPORTING COUNTRIES (OAPEC) The Ministerial Council H.E. Youcef Yousfi(1) People’s Democratic Republic of Algeria H.E. Dr. Abdul Hussein bin Ali Mirza Kingdom of Bahrain H.E. Eng. Samih Samir Fahmy Arab Republic of Egypt H.E. Abdul-Kareem Luaibi Bahedh(2) Republic of Iraq H.E. Shaikh Ahmad Al Abdullah Al-Ahmad Al-Sabah State of Kuwait H.E. Dr. Shokri Mohammad Ghanim Libya H.E. Abdullah bin Hamad Al-Attiyah State of Qatar H.E. Eng. Ali bin Ibrahim Al-Naimi Kingdom of Saudi Arabia H.E. Eng. Sufian Al-Alaw Syrian Arab Republic H.E. Mohammad Bin Dhaen Al-Hamly United Arab Emirates (1) Succeeded H.E. Dr. Chakib Khelil in May 2010 (2) Succeeded H.E. Dr. Hussein Al-Sharhastani in December 2010 ORGANIZATION OF ARAB PETROLEUM EXPORTING COUNTRIES (OAPEC) The Executive Bureau Mr. Mohamed Ras Al Kaf People’s Democratic Republic of Algeria Mr. Ali Abdul Jabar Al-Sawad Kingdom of Bahrain Mr. Eng. Ahmad Saeed Al Ashmawi Arab Republic of Egypt Mr. Abdul Karim Luaibi Bahed(1) Republic of Iraq Mr.Eng. Adel Abdul Aziz Al-Jasim State of Kuwait Mr. Eng. Mohammad Kamil Al-Zindah Libya Mr. Salem Buti Al-Naimi State of Qatar Mr. Eng. Nasser Bin Ibrahim Al-Fuzan Kingdom of Saudi Arabia Dr. Eng. Hassan Zainub Syrian Arab Republic Mr. Eng. Nasser Mohammed Al-Sharhan United Arab Emirates (1) Appointed as a Minister of Oil in December 2010. ORGANIZATION OF ARAB PETROLEUM EXPORTING COUNTRIES (OAPEC) The Judicial Tribunal Dr. Moustafa Abdul Hayy Al-Sayed President Shaikh Abdul Rahman bin Jaber Al Khalifa Vice-President Mr. Jawad Omar Al-Sakka Member Dr. Nabil Abdullah El-Araby Member Mr. Khalifa Daalouj Al-Kobaissi Member ORGANIZATION OF ARAB PETROLEUM EXPORTING COUNTRIES (OAPEC) The General Secretariat H.E. Abbas Ali Al Naqi Secretary General The Arab Center for Energy Studies Dr. Samir M. El Kareish (1) Director of the Technical Affairs Department Dr. Jamil Mohammed Tahir Director of the Economics Department Mr. Aissa Siouda Supervisor of the Information and Library Department Director of the Finance and Administrative Affairs Department* * The Finance and Administrative Affairs Department is currently under the supervision of the Secretary General (1) Succeeded Dr. Mukhtar Al-Lababidi in May 2010 Contents , The Secretary General s 37th Annual Report 12 CONTENTS CONTENTS PREFACE 1 PART ONE INTERNATIONAL DEVELOPMENTS IN OIL AND ENERGY CHAPTER ONE: DEVELOPMENTS IN GLOBAL MARKETS AND THEIR IMPACT ON OAPEC MEMBER COUNTRIES Foreword 35 I. Major Developments in the World Oil Market in 2010 And Related Factors 36 1. Supplies 37 1-1 OPEC Supplies 38 1-2 Non-OPEC Supplies 40 2. World Oil Demand 41 2-1 OECD Countries 46 2-2 Developing Countries 49 2-3 Countries in Transition 50 3. Price Trends 50 3-1 Crude Oil Prices 50 3-2 Spot Prices for Oil Products 55 3-2-1 Premium Gasoline Prices 55 3-2-2 Gasoil /Diesel Prices 57 13 , The Secretary General s 37th Annual Report 3-2-3 Fuel Oil Prices 57 4. Oil Freight Rates 58 5. World Oil Inventories 59 5.1 OECD Commercial Stocks 59 5.2 US Strategic Petroleum Reserve 60 II. Values of OAPEC Members› Countries Petroleum Exports 61 III. Developments in Oil and Energy Consumption in the Arab Countrie 63 1. Arab Countries 63 1-2 Energy Consumption by Source 66 1-2-1 Petroleum Products 69 1-2-2 Natural Gas 71 1-2-3 Hydroelectricity 73 1-2-4 Coal 73 2. Total Energy Consumption in OAPEC Member Countries 74 2-1 Total and Per Capita Energy Consumption 74 2-2 Energy Consumption by Source 76 2-2-1 Petroleum Products 77 2-2-2 Natural Gas 78 2-2-3 Hydroelectricity and Coal 80 3. Local Prices 81 14 CONTENTS CHAPTER TWO: ARAB AND WORLD DEVELOPMENTS IN THE EXPLORATION, RESERVES AND PRODUCTION OF ENERGY RESOURCES I. Oil and Gas 109 1. Exploration and Production: An Overview 109 1-1 Seismic Surveys 156 1-2 Exploratory and Developmental Drilling 157 2. Oil and Natural Gas Reserves 161 2-1 Oil Reserves 161 2-1-1 OAPEC Members and Other Arab Countries 161 2-1-2 International Groups and Other States 163 2-2 Natural Gas Reserves 163 2-2-1 OAPEC Members and Other Arab Countries 164 2-2-2 International Groups and Other States 165 3. Hydrocarbon Liquids and Natural Gas Production 166 3-1 Hydrocarbon Liquids Production 166 3-1-1 Oil Production 166 3-1-1-1 OAPEC Members and Other Arab Countries 167 3-1-1-2 International Groups and Other States 168 3-1-2 NGL Production in OAPEC Members and the World 169 3-2 Marketed Natural Gas 170 15 , The Secretary General s 37th Annual Report 3-2-1 OAPEC Members and Other Arab Countries 170 II. Coal 171 III. Nuclear Energy 174 IV. Renewable Energy Sources 178 1. Hydropower 182 1-1 Hydropower in the World 182 1-2 Hydropower in the Arab Countries 183 2. Wind Power 184 2-1 Wind Energy in the World 184 2-2 Wind Energy in the Arab Countries 187 3. Solar Energy 187 3-1 Solar Energy in the World 187 3-2 Solar Energy in the Arab Countries 188 4. Geothermal Energy 189 4-1 Geothermal Energy in the World 189 4-2 Geothermal Energy in the Arab Countries 190 5. Solid Biomass Energy 191 5.1 Solid Biomass Energy in the World 191 5.2 Solid Biomass Energy in the Arab Countries 192 6. Ocean and Tidal Power 192 16 CONTENTS CHAPTER THREE: ARAB AND WORLD DEVELOPMENTS IN PETROLEUM DOWNSTREAM INDUSTRIES I. Refining Industry 215 1. World Developments 215 2. Developments in the Arab Countries 225 II. Petrochemical Industries 234 1. World Developments 234 2. Arab Developments 240 III. Natural Gas Consumption, Trade and Processing 246 1. World Developments 246 1-1 Natural Gas Consumption 246 1-3 World Natural Gas Prices 252 PART TWO OAPEC ACTIVITIES IN 2010 CHAPTER ONE THE MINISTERIAL COUNCIL AND THE EXECUTIVE BUREAU I. The Ministerial Council 289 II. The Executive Bureau 289 CHAPTER TWO I. The Data Bank and Related Activities 291 1. Data Bank 291 17 , The Secretary General s 37th Annual Report 1-1 The Pursuit of Database Update 291 1-2 Reports and Papers 292 1-3 Other Activities 292 2. Information and Library Services 293 2-1 Bibliographical Services 293 2-2 Indexing and Classification 294 2-3Acquisition 294 2-4 Current Awareness and Lending 295 3. Studies, Papers, and Reports 295 II. Arab and International Cooperation 301 1. Seminars and Meetings Organized by General Secretariat 352 2. Conferences, Seminars and Meetings Attended by the General 261 Secretariat III. Encouraging Scientific Research 375 IV. Supporting Activities 376 CHAPTER THREE OAPEC-SPONSORED VENTURES 383 APPENDICES I. Press Releases of OAPEC Ministerial Council Meetings in 2010 407 1- The Eighty - Fourth Meeting of OAPEC’s Council of Ministers 407 2- The Eighty Fifth Meeting of OAPEC’s Council of Ministers 408 18 CONTENTS TABLES PART ONE CHAPTER ONE 1-1 Total & Annual changes in World Oil and NGLs Supply,2006 - 2010 84 1-2 Growth in the World Economy and Oil Demand by Region, 2006-2010 85 1-3 World Economic Growth, 2006-2010 86 1-4 Total & Annual Change in World Oil Demand, 2006-2010 87 1-5 World Oil Demand by Region, 2006-2010 88 1-6 Total & Annual Change in Oil Demand in OECD Countries, 2006-2010 89 1-7 Total & Annual Change Rest of the World Oil Demand (Excluding Countries that joined the OECD), 2006-2010 90 1-8 Spot Price of OPEC Basket of Crudes, 2006-2010 91 1-9 Average Spot Prices of the OPEC Basket and Selected Arab Crudes, 2006-2010 92 1-10 Nominal and Real Prices of Crude Oil, 1995-2010 93 1-11 Average Monthly Market Spot Prices of Petroleum Products, 2009-2010 94 1-12 Share of Tax in Gasoline Prices in some OECD Countries,2009- 2010 95 1-13 Spot Tanker Freight Rates, 2009-2010 96 1-14 OECD Oil Inventories at Quarter End, 2009& 2010 97 1-15 Value of Oil Exports in OAPEC Member Countries, 2006-2010.. 98 1-16 Value of OAPEC Oil Exports in Current and Real Prices, 1995-2010 99 1-17 Energy Consumption in the Arab Countries, 2006-2010 100 1-18 Per Capita Energy Consumption in the Arab Countries, 2006 and 2010 101 19 , The Secretary General s 37th Annual Report 1-19 Energy Consumption in OAPEC Member Countries, 2006-2010.. 102 1-20 Energy Consumption in OAPEC Member Countries by Source, 2006-2010 103 1-21 Petroleum Products Consumption in OAPEC Member Countries, 104 2006-2010 1-22 Natural Gas Consumption in OAPEC Member Countries, 2006-2010 105 1-23 Hydroelectricity Consumption in OAPEC Member Countries, 106 2006-2010 1-24 Coal Consumption in OAPEC Member Countries, 2006-2010 107 1-25 Domestic Prices of Petroleum Products in OAPEC Member 108 Countries, 2010 CHAPTER TWO 2-1 Seismic Surveys Worldwide, 2006-2010 194 2-2 Average Number of Active Rigs Worldwide, 2006-2010 195 2-3 Petroleum Discoveries in OAPEC Members and Other Arab 196 Countries, 2006- 2010 2-4 Arab and World Oil Reserves, 2006-2010 197 2-5 Arab and World Natural Gas Reserves, 2006-2010 199 2-6 Arab and World Hydrocarbon Liquids Production, 2006-2010 201 2-7 NGL Production in OAPEC Members and Other Arab 203 Countries,2006-2009 2-8 Arab and World Marketed Natural Gas, 2006-2009 204 2-9 World Coal Reserves, 2006-2009 206 2-10 World Coal Production, 2006-2009 207 20 CONTENTS
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