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: 2012
al-Arabiya Brookings Institution Central Intelligence Agency: The World Factbook IHS CERA: IHS Global Insight Iraq Oil Report International Energy Agency: Iraq Special Report 2012 International Energy Agency: Medium-Term Oil Market Report 2013: Market Trends and Projections to 2018, published in 2013 International Energy Agency: Medium-Term Oil Market Report 2014: Market Analysis and Forecasts to 2019 […]