Middle East Economic Survey

VOL. L

No 26

25-June-2007

SUPPLY/DEMAND

Arab Energy Consumption Rises By 18% In 2000-05

Total energy consumption in Arab countries in 2005 is estimated at 8,060,000 boe/d, an increase of 18.1% over the figure for 2000 (6,825,000 boe/d), according the latest (2006) Annual Statistical Report of the Organization of Arab Petroleum Exporting Countries (OAPEC). The figures confirm the trend that is seeing the Arab world becoming a significant consumer, as well as producer, of...