Archive for the ‘Energy Information Administration’ Category

Country Analysis Brief: Iran

June 26, 2015 Comments off

Country Analysis Brief: Iran
Source: Energy Information Administration

Iran holds some of the world’s largest deposits of proved oil and natural gas reserves, ranking as the world’s fourth-largest and second-largest reserve holder of oil and natural gas, respectively. Iran also ranks among the world’s top 10 oil producers and top 5 natural gas producers. Iran produced almost 3.4 million barrels per day (b/d) of petroleum and other liquids in 2014 and an estimated 5.7 trillion cubic feet (Tcf) of dry natural gas in 2013.

The Strait of Hormuz, off the southeastern coast of Iran, is an important route for oil exports from Iran and other Persian Gulf countries. At its narrowest point, the Strait of Hormuz is 21 miles wide, yet an estimated 17 million b/d of crude oil and refined products flowed through it in 2013 (roughly 30% of all seaborne traded oil and almost 20% of total oil produced globally). Liquefied natural gas (LNG) volumes also flow through the Strait of Hormuz. Approximately 3.7 Tcf of LNG was transported from Qatar via the Strait of Hormuz in 2013, accounting for more than 30% of global LNG trade.

Country Analysis Brief: Egypt

June 3, 2015 Comments off

Country Analysis Brief: Egypt
Source: Energy Information Administration

Analysis – Energy Sector Highlights

  • Egypt is the largest non-OPEC oil producer in Africa and the second-largest dry natural gas producer on the continent. The country also serves as a major transit route for oil shipped from the Persian Gulf to Europe and to the United States.
  • Egypt is the largest oil and natural gas consumer in Africa, accounting for about 20% of petroleum and other liquids consumption and 40% of dry natural gas consumption in Africa in 2013. Energy subsidies have contributed to rising energy demand and a high budget deficit.
  • One of Egypt’s challenges is to satisfy increasing oil demand amid falling production. Total oil consumption grew by an annual average of 3% over the past 10 years. Egypt’s oil consumption currently outpaces its oil production.

Country Analysis Brief: China

May 19, 2015 Comments off

Country Analysis Brief: China
Source: Energy Information Administration

China is the world’s most populous country with a fast-growing economy that has led it to be the largest energy consumer and producer in the world. Rapidly increasing energy demand, especially for petroleum and other liquids, has made China influential in world energy markets.

Country Analysis Brief: South Africa

May 5, 2015 Comments off

Country Analysis Brief: South Africa
Source: Energy Information Administration

South Africa’s energy sector is critical to its economy, as the country relies heavily on its large-scale, energy-intensive coal mining industry. South Africa has limited proved reserves of oil and natural gas and uses its large coal deposits to meet most of its energy needs, particularly in the electricity sector. Most of the oil consumed in the country, used mainly in the transportation sector, is imported from Middle East and West African producers in the Organization of the Petroleum Exporting Countries (OPEC) and is locally refined. South Africa also has a sophisticated synthetic fuels industry, producing gasoline and diesel fuels from the Secunda coal-to-liquids (CTL) plant and Mossel Bay gas-to-liquids (GTL) plant. The synthetic fuels industry accounts for nearly all of the country’s domestically produced petroleum as crude oil production is very small.

Annual Energy Outlook 2015

April 15, 2015 Comments off

Annual Energy Outlook 2015
Source: Energy Information Administration

Projections in the Annual Energy Outlook 2015 (AEO2015) focus on the factors expected to shape U.S. energy markets through 2040. The projections provide a basis for examination and discussion of energy market trends and serve as a starting point for analysis of potential changes in U.S. energy policies, rules, and regulations, as well as the potential role of advanced technologies.

Top 100 U.S. Oil and Gas Fields

April 7, 2015 Comments off

Top 100 U.S. Oil and Gas Fields (PDF)
Source: Energy Information Administration

This supplement to the U.S. Energy Information Administration’s (EIA) U.S. Crude Oil and Natural Gas Proved Reserves, 2013 ranks the 100 largest U.S. oil and gas fields by their estimated 2013 proved reserves.

Hat tip: INFOdocket

OPEC Revenues Fact Sheet — OPEC (excluding Iran) net oil export revenues

April 1, 2015 Comments off

OPEC (excluding Iran) net oil export revenues
Source: Energy Information Administration

For 2014, the U.S. Energy Information Administration (EIA) estimates that, excluding Iran, members of the Organization of the Petroleum Exporting Countries (OPEC) earned about $730 billion in net oil export revenues (unadjusted for inflation). This represents an 11% decline from the $824 billion earned in 2013, largely because of the decline in average annual crude oil prices, and to a lesser extent from decreases in the amount of OPEC net oil exports. This was the lowest earnings for the group since 2010.


Get every new post delivered to your Inbox.

Join 1,052 other followers