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: Iraq
The Hashemite Kingdom of Jordan is one of the most hydrocarbon-poor countries in the Middle East, with neither significant production of oil or natural gas. It relies heavily on imported oil and gas for power generation, and is currently implementing various renewable energy projects. It does, however, have large reserves of oil shale, but these have yet to be developed and there are several challenges associated with their development.
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 […]