1.2. Availability of Individual Sources
1.2.1. Oil
New data show that the proven and probable, i. e., supplementary, recoverable world oil reserves are higher than the roughly 520 x lo9 tonnes, or 6040 x 10l2 kwhr, estimated in recent years. Of the proven reserves (1996), 66% are found in the Middle East, 13% in South America, 3% in North America, 2% in Western Europe and the remainder in other regions. With about 26% of the proven oil reserves, Saudi Arabia has the greatest share, leading Iraq, Kuwait and other countries principally in the Near East. In 1996, the OPEC countries accounted for ca. 77 wt% of worldwide oil production. Countries with the largest production in 1994 were Saudi Arabia and the USA.
1.2. Availability of Individual Sources1.2.1. OilNew data show that the proven and probable, i. e., supplementary, recoverable world oil reserves are higher than the roughly 520 x lo9 tonnes, or 6040 x 10l2 kwhr, estimated in recent years. Of the proven reserves (1996), 66% are found in the Middle East, 13% in South America, 3% in North America, 2% in Western Europe and the remainder in other regions. With about 26% of the proven oil reserves, Saudi Arabia has the greatest share, leading Iraq, Kuwait and other countries principally in the Near East. In 1996, the OPEC countries accounted for ca. 77 wt% of worldwide oil production. Countries with the largest production in 1994 were Saudi Arabia and the USA.
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