The UAE has the world’s seventh-largest proven crude oil reserves and is one of the world’s wealthiest countries per capita. The hydrocarbon economy makes up to 80 per cent of the government’s revenue. At 525 million British thermal units (BTU) per capita, the UAE has a high level of per capita energy consumption, a result of rapid economic development, energy-intensive industries and heavy use of air conditioning in a hot climate.
Results for Tag: 2008
Al-Arabiya Arab Oil and Gas Journal Bloomberg Center of Strategic International Studies Central Intelligence Agency: The World Factbook Energy Intelligence Group: Oil Market Intelligence IHS International Energy Forum: Twenty Years of Producer-Consumer Dialogue in a Changing World Oil and Gas Finance Journal Oil and Gas Journal Oxford Institute for Energy Studies Petroleum Economist Platts Oilgram […]