Wednesday 23 July 2008

10th Ranking in Per Capita Oil Income

New figures released by US Energy Information Administration indicate that Iran ranks 10th among the 13 OPEC members in per capita oil income.

   

Iran also had the third largest total oil income in the first half of 2008, behind Saudi Arabia and the United Arab Emirates.

Iran’s per capita oil income for the first six months of 2008 was $816, about one third of the average of $2,172 among OPEC members.

Qatar, with a per capita oil income of $28,136, is at the top of the OPEC list followed by Kuwait and the United Arab Emirates, with per capita oil incomes of $20,807 and $13,208 respectively.

The figures for other OPEC members in the first half of 2008 were: Saudi Arabia $6,847; Libya $6,007; Angola $3,726; Venezuela $1,553; Algeria $1,383; Iraq $1,382; Iran $816; Ecuador $515; Nigeria $333; and Indonesia, $16.

Iran’s total oil income in the first half of 2008 was $54 billion, $3 billion shy for its oil income for 2007.

Saudi Arabia and the UAE with total oil incomes of $192 billion and $61 billion respectively, were ahead of Iran.








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