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Jeremy Frommer, CEO of Hedge Fund LIVE Jeremy Frommer has 20 years of industry experience and is currently responsible for general management and leadership of the General Partner. Previously, Mr. Frommer was a Managing Director and Head of the Global Prime Services Group (“GPS”) at RBC Capital... More
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  • Middle East / North Africa Oil Reserves, Production, and Exports  0 comments
    Mar 8, 2011 8:43 AM

    HedgeFundLIVE.com – In my endless quest to provide our members with useful information to help their trading and investing and general understanding of domestic and global events, I thought it would make sense to produce a list of the oil reserve, production, and export statistics of the MENA (Middle East / North African) countries. This list is in order of largest reserves, bpd = barrels per day.


    -Saudi Arabia: 265bln barrels of reserves, 8.5mln bpd of production, 6mln bpd of exports

    -Iran: 138bln barrels of reserves, 3.8mln bpd of production, 2.6mln bpd of exports

    -Iraq: 115bln barrels of reserves, 2.4mln bpd of production, 2mln bpd of exports

    -Kuwait: 101.5bln barrels of reserves, 2.3mln bpd of production, 2mln bpd of exports

    -UAE: 98bln barrels of reserves, 2.3mln bpd of production, 1.9mln bpd of exports

    -Libya: 44.3bln barrels of reserves, 1.7mln bpd of production, 1.4mln bpd of exports

    -Qatar: 25.4bln barrels of reserves, 0.7.mln bpd of production, 0.6mln bpd of exports

    -Algeria: 12.2bln barrels of reserves, 1.4mln bpd of production, 1.1mln bpd of exports

    -Oman: 5.5bln barrels of reserves, 0.86mln bpd of production, 0.85mln bpd of exports

    -Sudan: 5bln barrels of reserves, 0.49mln bpd of production, 0.4mln bpd of exports

    -Egypt: 4.2bln barrels of reserves, 0.6mln bpd of production, -0.1mln bpd of exports

    -Yemen: 2.7bln barrels of reserves, 0.26mln bpd of production, 0.11 bpd of exports

    -Syria: 2.5bln barrels of reserves, 0.37mln bpd of production, 0.15mln bpd of exports

    -Jordan: negligible reserves and production


    Hope that’s helpful. 


    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
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