Results for Tag: Arab World

2 results found.
United Arab Emirates

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.

Iraq

Iraq, along with neighbouring countries sits atop the world’s most prolific collection of hydrocarbon deposits, containing some 60% of the world’s known reserves.