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OPEC Revenues Fact Sheet
(Last Updated: November 2009)
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This report includes estimates of OPEC net oil export revenues, based on projections from the latest EIA Short Term Energy Outlook.
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Current Monthly Energy Chronology
(Last Updated: November 2009)
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Timeline of important energy market events in each month of 2009.
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Equatorial Guinea
(Last Updated: October 2009)
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Recent offshore oil discoveries and the prospects for additional finds make Equatorial Guinea one of the leading areas for oil exploration in sub-Saharan Africa.
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Azerbaijan
(Last Updated: October 2009)
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Since becoming independent in 1991, Azerbaijan has attracted significant international interest in its substantial oil and natural gas reserves. Foreign investors are helping the country to develop its rich oil and natural gas reserves in the Caspian Sea basin.
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Brazil
(Last Updated: September 2009)
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Brazil is the largest country in South America and has experienced rapidly expanding oil, natural gas, and electricity markets in recent years. The country is in the process of recovering from an energy crisis in 2001.
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Malaysia
(Last Updated: September 2009)
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Malaysia is a net exporter of oil and natural gas.
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Australia
(Last Updated: September 2009)
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Australia is the world's leading coal exporter. Although there is more exploration yet to be done, Australia's proven oil and natural gas reserves have nearly doubled in recent years.
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Sudan
(Last Updated: September 2009)
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Sudanese crude oil production and exports have risen rapidly over the past decade.
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Norway
(Last Updated: August 2009)
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Norway is a major non-OPEC source of oil and was the world's third largest net oil exporter in 2002.
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Oman
(Last Updated: August 2009)
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Oman is a significant non-OPEC oil exporter.
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China
(Last Updated: July 2009)
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The People's Republic of China (China) is the world's most populous country and the second largest energy consumer (after the United States). Production and consumption of coal, its dominant fuel, is the highest in the world. Rising oil demand and imports have made China a significant factor in world oil markets. China also surpassed Japan as the world's second-largest petroleum consumer in 2003.
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Libya
(Last Updated: July 2009)
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Libya is a major oil exporter, particularly to Europe. With the lifting of U.N. sanctions against Libya, oil companies are starting to resume and/or expand operations in Libya.
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Canada
(Last Updated: July 2009)
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Canada is a net exporter of oil, natural gas, coal, uranium, and hydropower. It is one of the most important sources of U.S. energy imports.
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Syria
(Last Updated: June 2009)
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Syria is the only significant oil producer in the Eastern Mediterranean region, although production has been in decline since the mid-1990s. Syria produces and consumes only modest quantities of energy, it occupies a strategic location in terms of regional security and prospective energy transit routes.
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Iraq
(Last Updated: June 2009)
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Iraq is a focal point for regional and oil security issues.
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Nigeria
(Last Updated: May 2009)
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An OPEC member, Nigeria is the largest oil producer in Africa. The country is a major oil supplier to both Western Europe and the United States.
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Algeria
(Last Updated: May 2009)
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Algeria is important to world energy markets because it is a significant hydrocarbons producer and exporter. Algeria is a member of OPEC and an important, growing energy source for Europe.
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Kuwait
(Last Updated: April 2009)
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Kuwait contains 104 billion barrels of proven oil reserves (including its share of the Neutral Zone), or roughly 8% of the world's total oil reserves.
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Ecuador
(Last Updated: April 2009)
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Ecuador is one of Latin America's largest crude oil producers. The country's oil exports have increased significantly in the past few years following the construction of a second crude oil pipeline.
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Turkey
(Last Updated: April 2009)
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Turkey's strategic location makes it a natural "energy bridge" between major oil producing areas in the Middle East and Caspian Sea regions on the one hand, and consumer markets in Europe on the other. Turkey's port of Ceyhan is an important outlet both for current Iraqi oil exports as well as for potential future Caspian oil exports. Turkey's Bosporus Straits are a major shipping "choke point" between the Black and Mediterranean Seas. Finally, Turkey is a rapidly growing energy consumer in its own right.
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Mexico
(Last Updated: March 2009)
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Mexico is a major non-OPEC oil producer and home to one of the world's largest oil companies, Pemex. Most of Mexico 's oil exports go to the United States .
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India
(Last Updated: March 2009)
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India boasts a growing economy, and is increasingly a significant consumer of oil and other energy resources.
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Greece
(Last Updated: February 2009)
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Greece is an important potential transit site for energy exports from the Caspian/Caucasus regions, with limited energy reserves of its own.
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Colombia
(Last Updated: February 2009)
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Colombia is an important petroleum and coal producer, although political unrest and stagnant reserves have led to decreased exports in recent years. Colombia aims to boost hydrocarbon exploration to preserve its status as a net oil exporter in the longer term.
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Iran
(Last Updated: February 2009)
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Iran is OPEC's second largest oil producer and holds 10 percent of the world's proven oil reserves. It also has the world's second largest natural gas reserves (after Russia).
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