Arab Cooperation in the Field of Petroleum:

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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 8th African Oil & Gas Trade & Finance Conference Marrakech 26 – 30 April 2004

Organization of Arab Petroleum Exporting Countries (OAPEC)

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

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

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

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

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

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

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

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

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

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

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

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

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.

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