INTERNATIONAL ENERGY BIWEEKLY REVIEW 30 NOVEMBER 1977

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CIA-RDP79B00457A001100020001-9
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November 30, 1977
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Approved For R 'Feese 2001/04/11 : CIA-RDP79B00457AO01100020001-9 International Energy Biweekly Review ER 101) 77--024 Cop. W. - 0 -5 f Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 SECRET NOFORN-NOCONTRACT-ORCON Page Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 OPEC Price Positions . . . . . . . . . . . . . . . . . . . . . . . . . 3 Middle East: Refining and Petrochemical Expansion . . . . . . . . . . . 5 OPEC Participation in Downstream Petroleum Operations . . . . . . . . . 10 Oil Reserves of Exporting Countries and the Time 12 Horizon of Their Depletion . . . . . . . . . . . . . . . . . . . Soviets Move Toward Tertiary Oil Recovery . . . . . . . . . . . . . . . 14 Israelis Find Oil in Gulf of Suez . . . . . . . . . . . . . . . . . . . . 15 OPEC Oil Earnings: Impact of Exchange 17 Rate Fluctuations . . . . . . . . . . . . . . . . . . . . . . . 30 November 1977 SECRET Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 SECRET NOFORN-NOCONTRACT-ORCON INTERNATIONAL ENERGY BIWEEKLY REVIEW The strenth of Iran's commitment to an oil price freeze will have a crucial bearing on OPEC's decision on whether to raise 1978 crude oil prices. At this time, it is still uncertain how forcefully Iran will assert its support of a price freeze. The Shah shifted his position while in Washington by pledging that Iran would actively work for a freeze when the cartel members meet in Caracas on 20 December. A staunch Iranian-Saudi Arabian coalition probably could successfully hold the price line, even though most OPEC states strongly favor an increase. Tehran initially had planned to maintain a neutral position at Caracas and side with the majority. This would have led to an increase of 5 to 10 percent, since Riyadh previously indicated it would not stand alone in support of a price freeze. Shortly before the Shah's announcement, Saudi oil minister Yamani delivered a letter to the United Arab Emirates stating that Saudi Arabia would support a price freeze, unless this policy would cause a split among OPEC countries. If Iran's commitment to a freeze is softer than the Shah's recent assurances suggest, then an increase in price is still likely. To push through a freeze, the Iranian delegation will have to stick to its stance beyond the opening rounds of negotiations at Caracas and resist pressure to reach an accomodation with the majority in later rounds. The Shah's recent announcement has sparked little change in strategy among the proponents of a price hike. Those seeking an increase hope to mold a common front that would pressure Saudi Arabia and Iran to conform to the majority position. Both sides want to avoid a replay of the split that occurred last year at Doha. The Shah's revised position probably has caused some cartel members to lower their expectations. Venezuelan oil minister Hernandez and his Indonesian counterpart Note: Comments and queries regarding this publication are welcome. They may be directed to of the Office of Economic Research, telephone 351-5804. Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457A001100020001-9 recently met separately with Kuwaiti oil minister Kazimi and agreed to seek an 8- percent increase at Caracas. These countries reportedly are willing to implement such an increase in two stages-4 percent in January and 4 percent in July. Additional bargaining among Arab members of OPEC will take place at the OAPEC ministerial meeting scheduled for mid-December in Bahrain. Abu Dhabi reportedly will reduce its government-imposed oil production ceilings next year by about 250,000 b/d, more than 15 percent below current levels. This decision results from concerns of oil ministry officials-currently disputed by the operating companies-that technical constraints at important onshore and offshore fields limit levels of prudent oil output, at least in the near term. This ministry argument is buttressed by studies of independent reservoir engineering consultants. The government is also reacting to the lack of petroleum exploration in the past few years and the resulting net decline in oil reserves. We do not agree with the judgment in oil industry publications that these production restrictions are politically induced by the current market surplus. We will provide an in-depth technical analysis of this subject in a future issue. (Secret Noforn-Noeontract-Orcon) Approved For Release 2001/04/11 : CIA-RDP79B00457A001100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457A001100020001-9 While the Shah of Iran was coming out for a freeze in 1978 crude oil prices during his Washington visit, representatives of Venezuela and Indonesia were reaching separate agreements with Kuwait to press for an 8-percent increase when the cartel oil ministers meet in Caracas on 20 December. Despite these moves, price positions remain flexible, and more maneuvering is expected before the ministers assemble. Iran: From "Neutrality" to "Active" Support for a Freeze Iran will play a pivotal role in the OPEC decision whether to raise crude oil prices on 1 January 1978. When the Shah recently announced that Iran would actively work for a price freeze, he still left himself a wide range of options. At one extreme, the Shah may instruct his delegation to initially support a freeze and then work out an accommodation with the majority in later rounds of negotiation. Or, Iran could back a price freeze to the hilt, using its political influence to win converts and indicating clearly that he will accept no compromise involving an increase. Given the strong feeling among most OPEC states in favor of an increase, a staunch Iranian-Saudi Arabian coalition will be necessary to hold the price line. Before his Washington visit, the Shah had intended Iran to play a "neutral" role at Caracas. The Iranian representative would have deferred any price presentation until all other member countries made their preferences known; the Iranian delega- tion was then to have voted with the majority. This is equivalent to Iranian support for a price increase, since most members lean in that direction. So far, we are not aware of any Iranian efforts to enlist further support for a price freeze within OPEC. Iranian oil officials had not been prebriefed on any shift in Tehran's position before the Shah's Washington visit, and no instructions or clarifica- tions of the Shah's position have been discerned filtering down since the Shah's return. Consequently, we are still uncertain how forcefully Iran will press its support for a freeze on 1978 prices. Saudi Arabia: Not Willing To Stand Alone Riyadh is far more reluctant to risk a split on the pricing issue than it was at this time last year. While the Saudis favor a price freeze, their efforts to rally support are largely limited to an impromptu visit by oil minister Yamani to neighboring Kuwait, Approved For Release 2001/04/11 : CIA-RDP79B00457A001100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457A001100020001-9 Qatar, and the United Arab Emirates in early November. Yamani's message to the UAE was that Saudi Arabia will support an oil price freeze at Caracas, unless this policy would cause a split among OPEC countries. Iran's shift came at an important time, probably reinforcing the Saudis' resolve to press for a price freeze. If Iran's support is softer than the Shah's recent pronounce- ments suggest, however, we believe that Riyadh also would accede to a small price increase. UAE and Qatar: Support for the Saudis Both the UAE and Qatar have told Riyadh that the Saudis have their support, whatever the final Saudi position. Both, however, apparently feel that they will not be faced with the choice of siding with a minority decision. After Yamani's visit, UAE oil minister Utayba said "we do not want a repetition of what occurred at Doha." Privately, Utayba admitted that he expects a 5- to 8-percent increase to be approved. Venezuela: Rejecting a Freeze While his expectations apparently were lowered slightly by Iran's new price stance, Venezuelan President Perez remains firmly committed to a price hike. Perez is confident, moreover, that Iran will not stand in the way of some increase at the Caracas meeting. When asked by the press for his reaction to the Shah's indication "that he is going to fight for prices to be frozen," Perez replied that is not what the Shah said. "The Shah often has said that he will not be a factor of controversy, that is to say, that his country will not be a factor of controversy in the next OPEC meeting. At least, that is what I have read. " The day after the Shah left Washington, President Perez predicted an increase in OPEC's 1978 prices of "no more than 8 percent and no less than 5 percent." Earlier, Venezuela had been calling for a 10-percent raise. Justifying the increase, which he considered. "small" and "reasonable," Perez said "the purchasing power of the dollars we get from our oil has been substantially reduced during the last two years by world inflation, so the increase of price is only fair." Perez rejected a US plea to support a freeze. To rally support for an increase, Perez sent oil minister Hernandez to the Mideast earlier this month. At a meeting with Kuwait's oil minister Kazimi, the two reportedly agreed to press for a two-part, 8-percent price increase-4 percent in January and 4 percent in July. Hernandez told the Kuwaitis that he had enlisted widespread support for this formula. Approved For Release 2001/04/11 : CIA-RDP79B00457A001100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Kuwait: Wants To Compensate for Inflation Kuwait has received three OPEC oil ministers this month-Yamani, Hernandez, and Indonesia's Sadli. Kuwait reportedly agreed with both Sadli and Hernandez to support an 8-percent increase. Kuwait considers its position as moderate, asking only to cover inflation and losses in the value of its foreign investments. During the Yamani visit, which preceded the others, Kuwait reportedly told the Saudis that it would accept the "final" Saudi position, probably expecting it to be in line with the majority. Other Cartel Members Pressure for a price increase of at least 10 percent will come from the usual group of price hawks. Iraq's claim that a 23-percent raise is justified by inflation and rising costs of imports from consuming nations is unrealistic; this percentage obviously is being used as an opening wedge. Iraq has claimed agreement on pricing policy with Algeria, who supports a 10-percent increase. Libya also favors an increase of at least 10 percent. Among the remaining OPEC members, Indonesia is worried that revenue requirements cannot be met without an increase of at least 8 percent. Suharto sent Sadli to the Mideast to encourage support for such a raise. Nigeria probably favors an increase but is taking a backseat in the bargaining. Gabon and Ecuador have no influence over the decision other than to add votes to the majority. Outlook OPEC states are still refraining from final commitments to particular price positions, primarily to smooth the way to a concensus at Caracas. There is an overriding interest in the prevention of a split. Although the Shah's shift boosts prospects for a price freeze, Iran will have to stand firm at Caracas if an oil price increase is to be avoided. (Secret Noforn-Nocontract-Orcon) MIDDLE EAST: REFINING AND PETROCHEMICAL EXPANSION The prospect of refined and petrochemical products from Middle East countries flooding world markets has greatly receded over the past three years. Ambitious plans for export-oriented industries formulated after the 1973 oil price hikes have been reevaluated because of cost overruns and construction lags. While expansion of refining and petrochemical capacity will be substantial during the next five years, it Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 will nevertheless represent only a little more than one-half of initially planned objectives. A review of projects in 12 Middle East countries indicates that at a maximum the region's refining capacity will increase by nearly 3 million b/d between 1976 and 1982, reaching 7 percent of projected world capacity. Petrochemical capacity will not exceed 4 to 5 percent of the projected world total. Obstacles to Development The impetus for moving into broad processing of hydrocarbons came with the quadrupling of oil prices in 1973/74. Middle East oil producers saw the jump in revenues as an opportunity to use surplus funds for the acquisition of advanced technology and to gain further value added from their resources. They also intended to make productive use of gas associated with crude oil production rather than waste it by flaring. International companies encouraged these plans, competing to offer technology and to take part in joint ventures. The projects were appealing to 'Western companies because they expected the oil producers to offer cheap feedstocks and to finance a large share of construction. Perhaps the greatest impediment to these plans, however, was a general failure to anticipate the problems and costs of rapid industrialization in developing countries. A good deal of expensive direct supporting facilities such as desalination plants, electric power, ports, roads, and local repair shops had to be built from scratch. Simultaneous demand for project designs taxed the relatively few engineering firms qualified to handle such complex industries. The world inflationary spiral was compounded in the region by inability to assimilate imports, low labor productivity, and competition for foreign labor. Under these conditions, construction costs for a given project typically turned out to be double what a comparable facility would cost in the United States. All of the Middle East oil states have had second thoughts about their plans to expand oil refinery and petrochemical capacity. In almost all cases construction plans have been stretch( d out and in at least some instances planned projects may eventually be canceled altogether. As a result even revised projections of how much capacity may come on stream over the next five years are probably on the high side. Based on crude throughput, new refinery capacity likely to be put in operation during 1977-82 will amount to at most 2.9 million b/d, including expansion of existing refineries. Allowing for growth in domestic consumption, export capability of the 12 countries will increase from 1.2 million b/d in 1976 to roughly 3 million b/d in 1982. 6 SECRET Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Oil Refinery Expansion Thousand b/d Capacity Yearend 1976 1977 1978 1979 1980 1981 1982 Total 3,123 245 224 1,040 250 020 500 Abu Dhabi ..... ............ 15 0 0 0 0 120 0 Algeria .............................. 123 0 0 380 0 0 0 Bahrain ............................ 250 0 0 0 0 0 0 Dubai ................................ 0 0 0 0 0 200 0 Egypt ......... ............. 235 0 0 0 0 0 0 Iran .................................... 781 245 40 200 0 0 0 Iraq .................................. 169 0 0 70 0 300 0 Kuwait .............................. 685 0 0 0 0 0 0 Libya ................................ 135 0 0 220 0 0 0 Qatar ............................... 9 0 0 0 150 0 0 Saudi Arabia .................... 604 0 0 170 100 0 500 Syria .................................. 117 0 184 0 0 0 0 Reported construction schedules show a bunching of new capacity in 1979, but some slippage is probable. The schedule for 1980-82 is considerably more uncertain. Based on available information, for example, construction of planned refineries in Abu Dhabi and Dubai has not even begun. Neither has construction started on two Saudi Arabian refineries planned for 1982, although site preparation is under way and design contracts have been let. If completion of these facilities is delayed, total capacity additions would amount to only around 2 million b/d by 1982. Most of the Middle East projects include plans for downstream processing plants that will transform ammonia into fertilizer and ethylene into plastics, artificial fibers, and synthetic rubber. As in the case of refinery construction, deviation from targeted schedules is highly probable, especially in the last two years of the period under review. At a maximum, some 3.8 million tons of new ammonia capacity will be put on stream, accompanied by about 2.4 million tons of ethylene. The grandiose Saudi Arabian development plan calls for five petrochemical complexes, of which it is estimated only one ammonia and one ethylene facility will actually be completed by 1982. Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Petrochemicals Capacity Expansion Capacity Yearend 1976 Ammonia ............................ 1,742 Algeria .............................. 0 Egypt ................................ 260 Iran .................................... 215 Iraq .................................. 84 Kuwait ............................... 660 Libya ................................ 0 Qatar ................................ 270 Saudi Arabia .................... 200 Syria .................................. 53 Ethylene .............................. 12 Algeria .............................. 0 Iran .................................... 12 Iraq .................................. 0 Kuwait .............................. 0 Libya ................................ 0 Qatar ................................ 0 Saudi Arabia .................... 0 1977 1978 1979 1980 1981 1982 660 960 1,160 160 600 300 330 330 0 0 0 0 0 330 100 0 0 0 0 0 400 1t30 0 0 0 0 660 0 0 0 0 0 0 0 0 300 :330 0 0 0 0 0 0 300 0 0 0 0 0 0 0 0 600 0 0 0 0 0 0 0 0 400 770 300 630 350 0 0 140 0 0 0 0 0 0 300 0 0 0 0 0 0 130 0 0 0 0 0 0 350 0 400 330 0 0 0 0 0 300 0 0 0 0 0 0 0 500 0 Assessing the market potential for these new facilities is far more tenuous than for oil refinery products. In general, the more broadly based economies of Egypt, Iran, and Iraq will consume all or most of their domestic production. Kuwait, Qatar, and Saudi Arabia, however, will definitely be looking at export markets for their products. An examination of projects already under way or in advanced stages of planning indicates that the region will increase moderately its share of world capacity by 1982. Using rough forecasts of growth in capacity elsewhere, Middle East refining capacity under the most optimistic conditions will increase from 4 percent of the world's total last year to about 6.7 percent in 1982; petrochemicals will make up less than 4 to 5 percent of total capacity. Looking at the Persian Gulf alone, the impact of capacity growth is even less pronounced. Assuming that Saudi Arabia and other Gulf countries complete 2.1 million b/d of refinery capacity expansion, their share of world capacity will increase from 3.4 percent in 1976 to 5.2 percent in 1982. Similarly, ammonia capacity will Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457A001100020001-9 Middle East Shares of World Capacity World Middle East Percent Thousand b/d Refining 1976 ........................ 74,800 3,123 4.2 1982 ........................ 89,000 6,002 6.7 Ammonia 1976 ........................ 74,000 1,742 2.4 1982 ........................ 122,000 5,582 4.6 Ethylene 1976 ........................ 36,000 12 Negl 1982 ........................ 66,000 2,462 3.7 grow from 1.9 percent to 3.2 percent and ethylene from a negligible amount to 2.4 percent. Further into the 1980s, this situation could change if all projects currently on the books are built. Given the problems encountered thus far, however, it appears likely that the oil producers will adopt a more measured pace of expansion that will extend completion of their programs into the 1990s. Pressure on Western Partners Many of the refinery and petrochemical projects under construction or planned in OPEC countries involve some capital participation on the part of Western firms. In several cases, however, foreign companies are going ahead rather reluctantly because of the high costs and uncertainty over marketing prospects. Capital investment of the Saudi petrochemical projects, for example, runs to about $1'billion each, double the cost in the United States. Despite Saudi long-term loans at relatively favorable interest rates, the foreign partners see little chance of turning out competitively priced products without heavy government subsidy of feedstocks as well. These subsidies, if provided, could support "dumping" charges once marketing begins. Recognizing this problem, the Saudis have been pressuring Japanese firms to carry through on earlier project commitments, using the promise of long-term guaranteed crude supplies as an incentive. As early as 1973 a leading Japanese conglomerate-Mitsubishi Corporation-had proposed building a large integrated complex to include refining, basic feedstock, and downstream products. To date the 30 November 1977 SECRET Approved For Release 2001/04/11 : CIA-RDP79B00457A00'1100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 company has not submitted a firm design tender, on grounds that end-products from Saudi facilities would be in competition with other Mitsubishi-owned production lines in the Far East. The Saudis are disturbed by Japanese delaying tactics and their unwillingness to take a larger role in costly Saudi development programs. In the interim, the Saudis have obtained design tenders from US corporations for two refining and four petrochemical projects. A parallel pitch by OPEC as a group may be shaping up to link crude supplies with the sale of petrochemical products. On two recent occasions, OPEC Secretary General Ali Jaidah publicly raised this possibility. His theme in essence was that "security of oil supply can only be real and enduring" if industrial countries accommodate their markets to import OPEC downstream products. In making these arguments, the OPEC countries realize that unless expansion plans worldwide are substantially reduced, refinery and petrochemical plant capacity will exceed world demand by a wide margin through the early 1980s. (Secret Noforn-Nocontract) OPEC PARTICIPATION IN DOWNSTREAM PETROLEUM OPERATIONS Emphasizing an increasingly favorite OPEC theme, OPEC Secretary General Ali Jaidah recently warned a West German audience that the willingness of Western Europe to export advanced technology would play an important part in shaping OPEC's future oil policies. On Economic Relations "Planning for future energy needs can only be meaningful if the OPEC area, as the main exporter of petroleum to Europe, the United States, and Japan, is accepted as a positive partner and not regarded as a hostile group which ought to be dismantled." Jaidah asserted "perhaps the consuming countries feel that their obligations are terminated by payment of the monetary price of OPEC oil and gas. In this connection., it is my feeling that we should be thinking less in terms of the dollar value of our oil, and more and more in terms of the material commitment by the consumers to our transformation.... It is to Western Europe, more than elsewhere, that we look for economic cooperation, educational training, manpower development, technologi- cal transfers and social improvement. . . . We believe that Europe, having largely overcome the debilitating effects of the recent recession, should now feel itself in the position to make good the promise to carry out meaningful and effective transfer of appropriate technology in a fairer international division of labor." 10 SECRET Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Jaidah said OPEC is particularly interested in moving into downstream petrole- um operations as an initial step in broadening its economic base. The Secretary General accused Western nations of trying to block OPEC's entrance into these areas, and resisting competition from OPEC petroleum products in Western markets. "It is to oil that we naturally look for the means with which our member countries can diversify their economies.... The first and most natural step in our efforts towards industrialization is to integrate the oil sectors with the rest of our economies and use this sector as an engine of structural change ... but there is an alarming unwillingness [of developed countries] to cooperate in refining and petrochemicals for export purposes, on a fair and equitable basis. Total OPEC member countries' share in world refining is only 6 percent-that is, 4.6 million b/d. We are told that there is already a surplus in refining and petrochemical plants, but we see that several countries in Europe and elsewhere are building new plants." Jaidah also charged that Europe uses EC tariffs on oil products, patent restrictions, and other institutional barriers to keep OPEC out of the market. OPEC's overriding objective in diversifying is to prepare for the period when oil exports begin to dwindle. "If all we get for our oil, when it is exhausted, are bank accounts and a few losing projects, that would be tragic indeed." Jaidah noted that OPEC states will want to share in the supply of new energy sources, including nuclear and solar power. OPEC feels that its willingness to deplete its own petroleum resources now to satisfy world energy requirements entitles its members to access to the technology for energy alternatives in the future. Jaidah made it clear that OPEC intends to use its oil leverage to achieve its economic and technological goals. "On our side, we have to reflect upon our strategies regarding supply and prices of oil." On Oil Prices and Supply Jaidah argued "the price of oil ought to be measured by the degree of development and diversification in our economies and the acceptance by the consumers of non-oil exports from our countries," The consuming countries need to accept "a view of prices which is rational and designed to achieve optimal allocation of exhaustible energy resources." Jaidah complained that while "we recognize the need for stable supplies within a commercial context ... security of supply seems to be taken for granted by consuming countries without any real collateral." He called for "some real efforts for change. Security of oil supply can only be real and enduring if consumers succeed in making Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457A001100020001-9 our economies dependent on them as suppliers for development goods and eventually markets for our non-oil exports. Interdependence is the only guarantee of real security of supply in both directions.... But unless we reach a fairer international division of labor, frictions will arise." Jaidah was confident that OPEC's leverage will continue to increase as petroleum supplies tighten. He warned that despite the availability of North Sea and Alaskan crude, "the next two or three years will not witness a decline in demand for OPEC oil. The most likely eventuality is that a global shortage will be slightly delayed and some OPEC countries will be relieved from the pressure to produce at levels higher than their needs warrant." Jaidah foresees an "ever-increasing gap in world energy demand from its presently known reserves" after the next four or five years, which he feels OPEC should not be expected to fill. "Our own estimates show that existing reserves, plus likely additional reserves, might enable us to reach production levels which are not very much in excess of 40 million b/d." (Current production capacity is 37.5 million b/d.) According to Jaidah, the intervening "breathing space" should be a time of close cooperation between consuming and producing nations in planning for future energy needs, and in financing and researching additional energy resources, both petroleum and non-petroleum. (Unclassified) OIL RESERVES OF EXPORTING COUNTRIES AND THE TIME HORIZON OF THEIR DEPLETION The OPEC Secretariat is examining optimum strategies for rationally produc- ing the oil reserves of its member countries to maximize the ultimate volume of oil recovery. Many oil exporting countries are becoming increasingly reluctant to expand daily productive capacity to its full potential if this development jeopardizes maximum recovery. Reproduced below is an article that appeared in the OAPEC Quarterly Journal Oil and Arab Cooperation (Fall 1977) addressing this issue. The author Adnan Janabi is a senior economic analyst in OPEC and the former director in the Economic Department of the Iraqi Petroleum Ministry. Interest has grown in the problem of the depletion of resources in general and that of oil resources in particular. Despite this wide-ranging interest, an important gap has been left unfilled in the theoretical frameworks presented by the science of economics. The past policies of the major oil companies on production cannot be considered as optimal for several reasons, mainly because the companies' income from a unit of Approved For Release 2001/04/11 : CIA-RDP79B00457A001100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457A001100020001-9 production was fairly steadly while their discount rate for time in most producing countries was very high; thus their preference was always for early depletion. Producing countries have been playing an increasing role in production decisions. Despite this new situation, exporting countries still generally tend to respond to demand rather than act upon it. Price decisions are not geared to influence total consumption. The most important determinant of depletion policies in exporting countries can therefore be traced back to the level of economic activity in consuming countries. The depletion of oil reserves is governed by rates of production of what are called "proven reserves." In the final analysis, the critical factor for the examination of the depletion of reserves is not presently known reserves but "probable reserves," reserves that are ultimately recoverable. Improved recovery techniques and new discoveries are bound to increase presently "proven reserves" over time. Efficient production policies must not allow the physical waste which results from excessively speedy depletion. Maximum Efficient Recovery (MER) determines the upper limit of any rational depletion policy. Empirical examination of the production policies of oil-exporting countries shows that they fall into two broad groups. The first group have little or no opportunity to increase their production beyond present levels if MER curves are to be respected. The second group still have the potential to tailor their production policies according to their future requirements and considerations relating to conservation. Needless to say, increased reserves would extend the life span of production plotted in the present paper. But such extensions should be viewed as a contribution to the supply of future needs, not as an opportunity to increase production rates. Venezuela has already decided to bring down its production from 3.8 million b/d in 1970 to around 2 million b/d. This reduction may be viewed as having been forced by circumstances rather than as a preconceived depletion strategy. On the other hand, Kuwait's decision to produce a maximum of about 3 million b/d (while producing far less in practice) is a clear indication of a depletion policy based on considerations other than imminent natural decline. Since 1970, a combination of reasons has prompted Libya to bring down its production level, putting an end to unsound production practices of the companies, and going further to institute some action to prolong the life span of its reserves. Venezuela, Indonesia, Algeria, Nigeria, and Iran are faced with two problems as a result of past production policies. First, they cannot increase their present production levels without doing damage to the life span of their reserves. Second, problems might arise in the long run in satisfying their indigenous energy requirements. Iraq, Saudi 30 November 1977 SECRET Approved For Release 2001/04/11 : CIA-RDP79B00457A001100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Arabia, Abu Dhabi, Libya, and Kuwait still have the opportunity to shape their production policies, in varying degrees, to take into account their future requirements and to evolve conservation strategies in the light of their national interests. The time horizon of the depletion of oil resources of the exporting countries is not very long, and would be shortened further by the absence of long-term depletion strategies. Some of the oil-exporting countries may face a crisis in meeting their internal energy requirements before long. It is evident that the pursuit of rational production policies necessitates reduced or stabilized production levels in all the cases mentioned, although upward pressure on prices would naturally be created. Regarding the time horizon of depletion, however, the development would be welcome, for it would enable the exporting countries to raise their income without resorting to increased production rates. (Unclassified) SOVIETS MOVE TOWARD TERTIARY OIL RECOVERY The USSR is taking steps to activate a high-priority program of enhanced recovery to increase oil yields from older fields. In early November the Soviets signed a $24.5 million contract with an Italian firm, Pressindustria, to build the world's largestplant for producing nonionic surfactants from ethylene-oxide for use in tertiary oil recovery. This plant, which may be built in West Siberia, will have an annual output of 250,000 tons of surfactant but probably will not be on stream before the early 1980s. Because of the lack of exploration success in recent years and the high cost and difficulty of developing oil reserves in remote regions, the USSR plans to use enhanced recovery techniques intensively to recover an additional 10 to 12 percent of the original oil in place from fields currently in production or under development. The Soviets have only limited experience with most enhanced recovery techniques other than waterflooding, although they have tried every major secondary and tertiary recovery method on an experimental or pilot basis in at least one oil field. A commercial-scale effort has been stalled by persistent shortages of the necessary chemicals, equipment, and trained personnel. During the past year the Soviets have made several attempts to obtain technology and equipment from the West for enhanced oil recovery projects. In addition to the surfactant plant from Italy, they have discussed the purchase of a 45,000-nietric- ton/year surfactant plant with a West German firm. This plant would be installed in the Urals and would be used to support surfactant flooding projects in that area. The 14 SECRET Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457A001100020001-9 Soviets also have attempted to obtain US licensing rights to a process for producing petroleum-based feedstocks for surfactants; negotiations for a plant using this process are under way with a West German firm. The USSR is also discussing the installation of two carbon dioxide (CO2) plants with West German and UK companies. These plants, with combined capacities of about 2.5 million tons per year, would be used for miscible flooding projects. Using surfactants to enhance oil recovery is expensive and time consuming and will not yield the volumes of oil required to solve the long-term problems that we foresee in the Soviet oil industry. For example, use of 250,000 tons of surfactants in a tertiary recovery operation could yield an additional 63,000 b/d to 215,000 b/d of oil, depending on the amount of surfactant required for the individual reservoir. Including only the amortization costs of the plant to produce the surfactants, each barrel of oil recovered would cost from $4 to $14. Technology Note Micellar flooding, also known as surfactant flooding or microemulsion flooding, is one of several enhanced oil recovery techniques to get more oil out of reservoirs than can be obtained by conventional primary and secondary methods. In this technique, a two-step process is normally used to yield more oil. First, a slug of surfactant (petroleum sulfonate) and an alcohol (cosurfactant) is injected to lower interfacial tension. Next comes a large slug of water containing a high molecular weight polymer. This water-polymer slug pushes the chemicals through the field and improves mobility and sweep efficiency. Each reservoir has unique properties and the amount and the type of polymer, surfactant, and alcohol used for the micellar slug will vary depending on the specific properties of the fluid and rock involved. The amount of chemicals for the surfactant slug alone can range from 3 to 11 kilograms per barrel of oil recovered. The polymer- water slug could take from 0.2 to 0.5 kilograms of polymer, depending on the reservoir characteristics. (Confidential) ISRAELIS FIND OIL IN GULF OF SUEZ Announcement of a promising oil discovery about 30 kilometers southeast of At Tur along the eastern shore of the Gulf of Suez was made on 25 November 1977. An Israeli drilling rig has been working in this area for almost a year without any apparent success until last week. The new well is reported to be flowing at about 2,000 to 4,500 b/d from 1,680-meter depths. Approved For Release 2001/04/11 : CIA-RDP79B00457A001100020001-9 STATOTHR Approved For Release 2001/04/11 : CIA-RDP79B00457A001100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457A001100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 The encouraging production test and the depth suggest that the Israelis may have tapped a commercial oil deposit. Although it is premature to speculate on the size of the reserves, high-quality offshore reservoirs have been found by the Egyptians at El Morgan, July, and Ramadan about 50 kilometers to the northwest. More delineation drilling and production testing will be required before development plans unfold. The Israeli find will almost certainly encourage Egypt's interest in a peace settlement that would allow drilling in 16 or so additional structures on the Israeli side of the median line in the Gulf of Suez. (Confidential) OPEC OIL EARNINGS: IMPACT OF EXCHANGE RATE FLUCTUATIONS At this time, we do not think OPEC will switch from US dollar-denominated oil prices. The decline in the value of the dollar since the last OPEC meeting in December 1976 has again raised concern among OPEC countries over the declining real value of their oil earnings, which are denominated in dollars. Deliberations at the upcoming December meeting in Caracas will be influenced by this issue, but most OPEC members realize that pricing oil in dollars continues to work to their advantage. The OPEC Economic Commission Board has calculated that losses due to the declining value of the dollar in the last year have been minimal; the oil ministers are unlikely to move to a new unit of oil pricing in the near future. From time to time various OPEC members have questioned pricing oil in dollars, sometimes advocating pricing in IMF Special Drawing Rights (SDRs) or some other basket of currencies. We used three methods to measure whether OPEC members have gained or lost from the dollar pricing of oil: by comparing the dollar's value relative to (a) the SDR, (b) a group of major currencies weighted by the value of OPEC imports from each country, and (c) the same group of major currencies weighted by the value of OPEC imports and foreign investments in each currency. SDR Pricing According to press reports, OPEC concern over erosion of real export earnings has rekindled interest in alternative oil pricing schemes. For example, Shaykh Ali Khalifa, Under Secretary to the Kuwaiti Acting Oil Minister, recently discussed preserving the real value of oil earnings by setting oil prices in SDRs. OPEC members have not discussed any specific alternative basket of currencies besides the SDR group. Since members have different trading patterns with the major developed countries, they would have difficulty agreeing on another currency mix. Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457A001100020001-9 1.300 01.163 -0.717 0.744 II III IV I II III IV i it III IV I 11 III IV 1976 1977 1. Net revenues are obtained by multiplying gross revenues by the changes in the SDR per US$ index based on 1973 parity. 574577 The dollar has declined 1.4 percent against the SDR since the end of 1976, when most OPEC members last raised oil prices. Despite this decline, the value of the US dollar relative to the SDR is still nearly 3 percent above its 1973 level. Based on the dollar-SDR parity of 1973, the dollar fell below its base period level only between December 1974 and July 1975. Over the last four years, OPEC revenues from dollar oil prices have far exceeded the potential revenues that would have been generated through an SDR pricing system. Since mid-1974, when the dollar began to float against the SDR, cumulative dollar revenues have been more than $10 billion above the amount that would have been received under an SDR pricing scheme. Exchange Rate Movements Following the abandonment of the fixed exchange rate system in March 1973, the value of major currencies has been determined largely by market forces. In terms Approved For Release 2001/04/11 : CIA-RDP79B00457A001100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 of dollars, OPEC countries pay higher real prices for goods imported from countries whose currencies appreciate against the dollar and pay lower real prices for imports from countries with depreciating currencies. Exchange rate movements have no effect on OPEC imports from the United States, which are also in dollars. Since December 1976, appreciation of the yen, pound, and mark has increased the real price of imports from Japan, the United Kingdom, and West Germany to OPEC members in terms of their dollar-denominated exports. On the other hand, the real prices of imports from Australia, Canada, Denmark, Norway, Spain, and Sweden have fallen because their currencies have lost value relative to the US dollar. The Purchasing Power of OPEC Oil Earnings In 1977 the rapid appreciation of the yen and the continuing strength of the West German mark lowered the purchasing power index for the dollar, as weighted by OPEC imports, by about 3.5 percent. Nonetheless, at the end of October, the index stood at 3 percent above the March 1973 level. * By the end of 1976 the dollar purchasing power index had risen by nearly 7 percent over its March 1973 level, Since oil prices quadrupled in 1973/1974, dollar-denominated oil prices have generated a purchasing power gain for OPEC countries, except for the first six months of 1975. Purchasing Power Indexes of OPEC Dollar Revenues and the SDR 110 OPEC Trade Weighted Dollar SDR/US$ *The purchasing power index of dollar revenues received by OPEC countries is a geometric average of the indexes for the currencies of 17 major industrial nations relative to the US dollar, weighted by 1976 OPEC imports from the group. The nations are Australia, Austria, Belgium, Canada, Denmark, France, Italy, Japan, Netherlands, Norway, South Africa, Spain, Sweden, Switzerland, United Kingdom, United States, and West Germany. These countries supply more than 80 percent of OPEC imports. Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 The purchasing power index of dollar revenues weighted by OPEC trade and foreign investment flows for 1976 shows less variation resulting from exchange rate movements; this is attributable to the predominance of dollar-denominated financial assets in the OPEC investment portfolio. From total export earnings of $123 billion in 1976, OPEC spent 77 percent on imports of goods and services and the remainder on foreign-currency-denominated assets. This year, the trade and asset weighted index has fallen 3 percent, slightly less than the index weighted by trade alone. At the end of October, the trade and asset weighted index stood 2 percent above its March 1973 level. Prospects The OPEC oil ministers meeting scheduled for 20 December will focus on the issue of changing the price of oil. There is little indication that the ministers will seriously consider switching from dollar-denominated oil prices. Even though reports indicate that Kuwait has informed Saudi Arabia of a growing concern over the erosion of real income from currency movements, the impact of world inflation on OPEC earnings still appears to be the primary monetary issue. The practice of basing oil prices in dollars will probably continue to prove superior to SDR pricing, from the OPEC point of view. Whenever the dollar weakens against other major currencies, however, the issue will reappear. (Confidential) Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 'Fo Assessment Center International Energy Biweekly Statistical Review Approved For Release 2001/04/ 1 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457A001100020001-9 This publication is prepared for the use of U.S. Government officials. The format, coverage and contents of the publication are designed to meet the specific requirements of those users. U.S. Government officials may obtain additional copies of this document directly or through liaison channels from the Central Intelligence Agency. Non-U.S. Government users may obtain this along with similar CIA publications on a subscription basis by addressing inquiries to: Document Expediting (DOCEX) Project Exchange and Gifts Division Library of Congress Washington, D.C. 20540 Non-U.S. Government users not interested in the DOCEX Project subscription service may purchase reproductions of specific publications on an individual basis from: Photoduplication Service Library of Congress Washington, D.C. 20540 Approved or elease 20 1/ 4-/ 1 . I D 980 5 A 0 10 0 Approved For Release 2001/04/11 : CIA-RDP79B00457A001100020001-9 STATISTICAL, REVIEW Total Free World Oil Production (Chart) OAPEC Oil Production (Chart) Non-Arab OPEC Oil Production (Chart) Free World and USSR Oil Production (Chart) Inland Oil Consumption (Chart) Net Oil Imports (Chart) World Crude Oil Production, Excluding Natural Gas Liquids ............................ 1 Free World Crude Oil Production, Including Natural Gas Liquids .................. 2 World Natural Gas Liquid (NGL) Production ...................................................... 2 OAPEC and OPEC Countries: Crude Oil Production ........................................ 3 OAPEC and OPEC Countries: Crude Oil Production Capacity .......................... 3 Estimated Proved and Probable Petroleum Reserves .......................................... 4 Estimated Imports of Crude Oil and Refined Products, 1976 ............................ 5 Selected Developed Countries: Crude Oil Imports, by Source ............................ 6 Selected Developed Countries: Trends in Oil Trade ............................................ 10 Developed Countries: Exports to OPEC ................................................................ 13 Developed Countries: Imports from OPEC .......................................................... 14 Selected OECD Countries: Trends in Inland Oil Consumption .......................... 16 Selected OECD Countries: Oil Stocks .................................................................... 20 OECD Oil Consumption .......................................................................................... 21 Western Europe: Oil Spot Market Prices, 1974-77 .............................................. 21 Selected Developed Countries: Retail Petroleum Product Prices ........................ 22 OPEC Countries: Crude Oil Prices .......................................................................... 23 USSR: Crude Oil Production .................................................................................. 24 USSR: Regional Production of Crude Oil .............................................................. 24 USSR: Imports of Oil ................................................................................................ 24 USSR: Exports of Oil ................................................................................................ 25 USSR: Oil Consumption .......................................................................................... 25 USSR: Natural Gas Production ................................................................................ 26 USSR: Regional Production of Natural Gas .......................................................... 26 USSR: Natural Gas Trade ........................................................................................ 26 USSR: Consumption of Natural Gas ...................................................................... 27 Eastern Europe: Oil Production and Consumption .............................................. 27 Eastern Europe: Oil Trade ........................................................................................ 28 Eastern Europe: Natural Gas Production and Consumption .............................. 28 Eastern Europe: Natural Gas Trade ...................................................................... 29 PRC: Oil Production, Consumption, and Trade .................................................. 29 Approved For Release 2001/04/11 : CIA-RDP79B00457A001100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 F"CC WVKL[3 &Y? F'kdVUC.:1 IM10 OMI1100B91 D TOTAL Including about 1 million b/d of Free World net imports from the Communist countries. 55 1973 llncluding natural gas liquids I Approved For Release 2001/04/11 : CIA-RDP79B00457A001100020001-9 AQAREFG IQ&Ls U G fl BQW4U. 1 0001-9 Saudi Arabia Including about one-half of Neutral Zone production. 3.5 Libya Iraq 1.0 0.9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 99eria 1.1 1973 iMajor producers JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT 1974 1975 1976 1977 NON-ARAB OPEC OIL PRODUCTION' MILLION B/D Venezuela JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT JAN APR JUL OCT 1973 iMajor producers Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 FREE WORLD AND USSR OIL PRODUCTION MILLION B/D United States Semilogarithmic Scale ~ito ~:,0.9 8.4 Canada 2.1-- 'I' Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 INLAND OIL CONSUMPTIONI MILLION B/D IEA Total 40 1977 1976 1975 1974 1973 Japan West Germany France 6 3 3 3 United Kingdom 3 Italy Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 NET OIL. IMPORTS MILLION B/D Japan 7 Bureau of the Mines data through Feb 1976, thereafter API. 1975 1974 1973 4 West Germany 4 France 3 3 2 ;rf 2 2 3 United Kingdom 3 Italy L Canada 1 -L JAN APR JUL OCT JAN APR JUL OCT Approved For Release 200.1/04/11 " CIA--RDP79B0O4457A00 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 World 55,755 55,875 52,990 57,350 59,130 59,200 57,910 58,700 Free World 45,850 45,145 41,470 45,110 46,520 46,400 45,000 45,750 Western hemisphere 16,145 15,290 14,135 13,820 13,850 13,740 13,860 14,400 United States' 9,210 8,770 8,370 8,120 7,960 8,040 8,190 8,460 8,650 Venezuela 3,365 2,975 2,345 2,290 2,350 2,170 2,200 2,280 Canada' 1,800 1,695 1,460 1,300 1,320 1,280 1,130 1,320 1,210 Mexico ' 465 580 720 850 910 980 1,050 1,050 Argentina 420 410 390 390 430 430 450 450 Ecuador 210 175 160 190 200 170 150 190 140 Other 675 685 690 680 680 670 690 650 Eastern hemisphere 29,705 29,855 27,335 31,290 32,670 32,660 31,140 31,350 Western Europe 370 380 550 850 1,290 1,320 1,300 1,410 Norway 30 35 190 280 340 200 220 270 United Kingdom Negl. Negl. 20 240 630 800 770 820 Other 340 345 340 330 320 320 310 320 Middle East 21,215 21,855 19,590 22,180 22,300 22,140 21,110 21,020 Saudi Arabia 7,595 8,480 7,075 8,580 9,310 9,400 9,800 8,620 8,660 Iran 5,860 6,020 5,350 5,900 5,790 5,420 4,710 5,660 5,970 Kuwait 3,020 2,545 2,085 2,150 1,850 1,850 1,630 1,790 2,250 Iraq 2,020 1,970 2,260 2,420 2,230 2,330 1,900 1,900 2,100 United Arab Emirates 1,535 1,680 1,665 1,940 2,010 2,070 2,050 1,930 Abu Dhabi 1,305 1,410 1,370 1,590 1,660 1,720 1,720 1,600 1,650 Dubai 230 240 255 310 320 320 310 310 Sharjah 0 30 40 40 40 30 20 20 Qatar 570 520 440 490 420 410 390 500 340 Oman 295 290 340 370 370 350 330 330 Syria 100 120 185 200 200 190 180 180 Other 220 230 190 130 120 120 120 110 Africa 5,900 5,370 4,980 5,790 6,330 6,420 5,940 6,140 Nigeria 2,055 2,255 1,785 2,070 2,220 2,240 2,060 2,020 Libya 2,175 1,520 1,480 1,930 2,130 2,150 1,890 2,130 Algeria 1,070 960 960 990 1,070 1,060 1,000 1,000 Gabon 150 200 225 220 220 220 230 230 230 Egypt 165 145 250 330 370 430 440 440 Angola/Cabinda 160 170 140 110 170 160 160 160 Other 125 120 140 140 150 160 160 160 Asia-Pacific 2,220 2,250 2,215 2,470 2,750 2,780 2,790 2,780 Australia 370 390 410 420 430 430 440 440 Indonesia 1,340 1,375 1,305 1,500 1,690 1,700 1,690 1,680 1,670 Malaysia-Brunei 320 290 300 330 380 400 410 410 Other 190 195 200 220 250 250 250 250 Communist Countries 9,905 10,730 11,520 12,240 12,610 12,800 12,910 12,950 USSR 8,420 9,020 9,630 10,170 10,510 10,660 10,740 10,780 China 1,090 1,310 1,490 1,670 1,700 1,740 1,770 1,770 Romania 285 290 290 290 290 290 290 290 Other 110 110 110 110 110 110 110 110 ' Natural gas liquids amounted to an estimated 1.6 million b/d in Sep. 2 Natural gas liquids amounted to an estimated 340,000 b/d in Sep. ' Natural gas liquids amounted to an estimated 95,000 b/d in Aug. Including about one-half of Neutral Zone crude oil production, which amounted to about 320,000 b/d in Sep. Approved Forl Release 2001/04/1 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Free World Crude Oil Production, Including Natural Gas Liquids Thousand b/d Free World' 48,975 48,565 44,9 70 48,945 50,260 50,150 48,830 49,610 Non-OPEC Producers 17.665 17,505 17,4 25 17,780 18,190 18,360 18,420 18,990 United States 10,950 10,460 10,0 00 9,725 9,540 9,620 9,770 10,040 10,230 Canada 2,120 2,005 1,7 70 1,620 1,660 1,620 1,470 1,660 1,550 United Kingdom Negi. Negl. 25 285 680 850 820 870 Norway 30 35 1 95 300 375 235 255 305 Mexico 535 660 8 00 935 995 1,055 1,095 1,145 Other 3,530 3,545 3,7 35 3,815 4,040 4,080 4,110 4,070 OPEC 31,310 31,060 27,5 45 31,165 32,070 31,790 30,410 30,620 31,390 Saudi Arabia 7,685 8,610 7,2 15 8,760 9,510 9,600 10,000 8,830 8,890 Kuwait' 3,080 2,595 2,1 35 2,200 1,910 1,910 1,690 1,850 2,340 Libya 2,210 1,540 1,5 10 1,970 2.165 2,185 1,925 2,165 2,065 Iraq 2,020 1,970 2,2 60 2,415 2,235 2,335 2,005 2,005 2,305 United Arab Emirates 1,535 1,680 1,6 65 1,935 2,020 2,080 2,060 1,940 2,000 Abu Dhabi 1.,305 1,410 1,3 70 1,585 1,670 1,730 1,730 1,610 1,660 Dubai 230 240 25 5 310 310 320 310 310 320 Sharjah 0 30 4 0 40 40 30 20 20 20 Algeria 1,100 1,010 1,02 0 1,075 1,170 1,160 1,100 1,100 1,050 Qatar 570 525 45 0 505 430 420 400 510 350 Iran 5,900 6,065 5,39 5 5,930 5,840 5,470 4,760 5,710 6,020 Venezuela 3,455 3,060 2,42 0 2,370 2,430 2,250 2,310 2,360 2,440 Nigeria 2,055 2,255 1,78 5 2,070 2,220 2,240 2,060 2,020 1,860 Indonesia 1,340 1,375 1,30 5 1,525 1,720 1,730 1,720 1,710 1,700 Gabon 150 200 22 5 225 220 220 230 230 230 Ecuador 210 175 16 0 185 200 190 150 190 140 ' Free World and Non-OPEC Producers totals include net Communist imports of about 500,000 b/d in 1973, 800,000 b/d in 1974, 900,000 b/d in 1975, 1,100,000 b/d in 1976, and 900,000 b/d in 1977. Including Bahrain, Egypt, and Syria. Including about one-half of Neutral Zone production. Thousand b/d 1974 1975 1976 1977 World 2,845 2,860 2,855 2,995 3,095 Middle East 190 230 245 295 335 Free World 2,625 2,620 2,600 2,730 2,820 Saudi Arabia 90 130 140 185 200 OPEC 345 385 410 515 580 Iran 40 45 45 45 50 Non-OPEC 2,280 2,235 2,190 2,215 2,240 Kuwait 60 50 50 55 60 Western Hemisphere 2,275 2,220 2,150 2,140 2,150 Qatar 0 5 10 10 10 United States 1,740 1,690 1,630 1,605 1,580 Abu Dhabi 0 0 0 0 10 Venezuela 90 85 75 75 80 Iraq 0 0 0 0 5 Canada 320 310 310 320 340 Africa 65 70 90 125 135 Mexico 70 80 80 85 95 Libya 35 20 30 35 35 Other 55 55 55 55 55 Algeria 30 50 60 90 100 Eastern Hemisphere 350 400 450 590 670 Asia-Pacific 60 65 70 95 110 Western Europe 35 35 45 95 120 Australia 50 50 50 55 60 Norway 0 0 5 20 35 Indonesia 0 0 0 20 30 United Kingdom 0 0 15 40 50 Other 10 15 20 20 20 Other 35 35 35 35 35 Communist Countries 220 240 255 265 275 USSR China 210 N. A. 230 N.A. 240 N.A. 250 N.A. 260 N.A. Other 10 10 15 15 15 ME= 00 Now Approved For Release 2001/04/11 CIA-RDP79B00457AO01100020001-9 Approved For Release 200. 04/ 1 LI4-RDP79B00457A001100020001-9 an OP C Countries: Crude Oil Production 1973 1974 1975 1978 1st Qtr 2d Qtr Jul Aug Sep Total OAPEC (thousand b/d) 18,090 17,735 16,165 18,730 19,300 19,600 19,110 18,320 % change from Sep 19739 -11 -19 -7 -4 -2 -5 -9 % change from Dec 1976' -8 -7 -9 -13 Total OPEC (thousand b/d) 30,965 30,875 27,135 30,655 31,490 31,210 29,830 30,040 30,980 % change from Sep 19739 -7 -18 -7 -4 -5 -9 -9 -6 % change from Dec 1976' -8 -8 -12 -12 -9 'The members of the Organization of Arab Petroleum Exporting Countries are Abu Dhabi, Algeria, Bahrain, Egypt, Iraq, Kuwait, Libya, Qatar, Saudi Arabia, and Syria. 'The membership of the Organization of Petroleum Exporting Countries consists of OAPEC members (excluding Bahrain, Egypt, and Syria), plus Dubai, Ecuador, Gabon, Indonesia, Iran, Nigeria, Sharjah, and Venezuela. 'In Sep 1973, the pre-crisis level of output, OAPEC countries produced 20,038 b/d and OPEC countries 32,956 b/d. 'In Dec 1976, the post-crisis peak of output, OAPEC countries produced 21,060 b/d and OPEC countries 34,070 b/d. OAPEC and OPEC Countries: Crude Oil Production Capacity Underutilization of Productive Capacity Estimated Productive Capacity Aug Sep Saudi Arabia 2 10,500 1,870 1,810 Kuwait 2 3,500 1,710 1,220 Libya 2,500 370 470 Iraq 3,000 1,000 700 Abu Dhabi 2,000 400 350 Algeria 1,080 80 130 Qatar 700 200 360 Egypt 450 10 Syria 200 20 20 Bahrain 60 10 10 Total OAPEC 23,990 5,670 Iran 6,700 1,040 730 Venezuela 2,600 320 240 Nigeria 2,300 280 270 Indonesia 1,800 120 130 Dubai 340 30 20 Gabon 250 20 20 Ecuador 225 35 85 Sharjah 50 30 30 Total OPEC 9 37,545 7,505 6,565 ' Estimated at maximum efficient rate (MER) of production. In some cases output can exceed the MER for short periods of time without damaging the fields. 2 Including about one-half of Neutral Zone capacity production. OAPEC members (excluding Bahrain, Egypt, and Syria), plus the other countries shown. Approved For Release 2001/04/'1 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 A Note on Petroleum Reserves Any estimate of oil and natural gas reserves must be treated as rough approxima- tion. Few countries publish official reserve estimates, and there is no consistent rigorous definition of reserves. Moreover, the volume of oil and/or gas in place, even in a well-delineated field, can never be precisely accurate; estimates of commercially recoverable oil and natural gas are usually made not by reference to existing technology but by reference to the production system currently in use, and even this can provide only an approximation. Assessments of proved reserves therefore do not mean absolute world availability; they are only an indication of the quantity of oil that is technically and economically feasible to extract with current techniques at current prices. CIA's reserve figures are for proved and probable reserves and are based on the best available published information and on our own judgemental analysis in cases where we have unique information. CIA uses the restrictive definition of probable reserves (as differentiated from possible reserves) common in the industry. Our proved and probable figure does not differ greatly from the proved figure in many cases, such as Venezuela, Iran, and Libya. In these countries, extensive exploration has taken place and extentions of known fields are considered unlikely. In other cases-such as Saudi Arabia, Mexico, and the United Kingdom-differences between proved and proved and probable reserves are considerably larger. Area and Country Crude Oil Billion Barrels Natural Gas Trillion Cubic Feet Area and Country Crude Oil Billion Barrels Natural Gas Trillion Cubic Feet World 665 2,626 Africa 59 211 Free World 600 1,764 Libya 25 25 Western Hemisphere 96 426 Nigeria 19 46 United States 2 39 219 Algeria 7 127 Mexico 25 43 Egypt 4 3 Venezuela 14 43 Gabon i Negi. Canada 2 8 71 Angola-Cabinda L Negl. Ecuador 2 11 Tunisia 1 7 Argentina 2 11 Other 1 3 Brazil 1 7 Western Europe 31 177 Colombia 1 7 United Kingdom 21) 46 Peru 2 7 Norway 8 25 Trinidad and Tobago 2 7 Netherlands Neg]. 71 Eastern Hemisphere 504 1,338 Spain I Negl. Middle East 392 845 Other 2 35 Saudi Arabia 158 106 Asia-Pacific 2.`2 105 Kuwait 71 35 Indonesia 14 21 Iran 5 60 600 Brunei 2 11 Iraq 36 35 Malaysia 2 14 United Arab Emirates 34 35 Australia 2 35 Neutral Zone 17 7 India 2 3 Qatar 7 18 Pakistan Negl. 21 Oman 6 3 Communist Countries 6.5 862 Syria 2 3 USSR 40 812 Other 1 3 China 20 25 Other 5 25 Equivalent to 470 billion barrels of oil. Including Arctic gas deposits and natural gas liquids. Including recent discoveries. Approved For ReTeas T% 711' CIA-ROP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Estimated Imports of Crude Oil and Refined Products 1978 West Belgium/ Other US' Western Ger- Japan Canada Europe many France UK Italy Nether- lands Luxem- bourg Spain Western Europe Algeria 437 2 14 443 213 94 19 70 3 3 28 13 Bahrain 3 32 0 8 1 0 6 0 1 0 0 0 Egypt 17 1 2 141 1 13 8 0 11 1 0 107 Iraq 38 128 33 1,222 35 327 105 318 34 1 87 315 Kuwait 9 450 6 702 38 86 229 13 111 8 58 159 Libya 532 41 25 1,135 424 63 57 237 12 0 89 253 Qatar 69 6 0 300 24 58 94 22 50 0 0 52 Saudi Arabia 1,371 1,719 122 3,445 379 877 370 516 354 293 376 280 Syria 1 0 0 107 23 53 3 0 0 28 0 0 United Arab Emirates 319 530 16 789 138 234 74 20 115 26 0 182 Total OAPEC 2,798 2,909 218 8,292 1,276 1,805 965 1,196 891 360 638 1,361 Ecuador 63 0 2 0 0 0 0 0 0 0 0 0 Gabon 46 0 12 65 11 29 1 0 3 0 21 0 Indonesia 573 613 0 7 3 0 0 0 0 0 0 4 Iran 548 974 162 2,440 383 291 399 290 327 73 179 498 Nigeria 1,124 17 36 723 181 155 76 16 195 30 0 70 Venezuela 985 6 302 238 38 36 41 26 11 3 23 60 Total OPEC 8,114 4,488 730 11,509 1,887 2,250 1,465 1,528 1,215 437 861 1,886 Canada 599 0 0 6 0 0 0 0 0 0 0 6 Mexico 91 0 0 Negl. 0 0 0 0 0 0 0 Negl. Other 470 716 24 1,75734 917 282 570 740 208 288 123 897 Total 7,295 5,235 758 13,528 2,809 2,598 2,052 2,288 1,435 754 984 2,896 ' Products traced to source of crude oil. S OAPEC members excluding Bahrain, Egypt, and Syria plus other countries shown. Because of intra-European trade, components do not add to the totals shown. Other and unknown. Approved Forf Release 2001/04/1 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Selected Developed Countries: Crude Oil Imports, bww Source Sep 1973 P ( re- Crisis level) 1974 1973 1976 1st Q;r Apr May Sep 1973 May 1977 United States Algeria 124 180 264 408 527 654 381 3.6 5.6 Egypt 0 9 5 17 1.2 16 82 0 1.2 Iraq 17 0 2 26 28 52 168 0.5 2.5 Kuwait 44 5 1 1 64 67 51 1.3 0.7 Libya 153 4 223 444 641 776 749 4.4 11.0 Qatar 41 17 18 24 39 34 94 1.2 1.4 Saudi A rabia 599 438 701 1,222 1,371 1,429 1,7.6 17.3 25.2 United Arab Emirates 88 69 117 255 335 324 237 2.5 3.5 Other' 0 0 0 0 1 0 0 0 0 Total OAPEC 1,066 722 1,334 2,397 3,024 3,352 3,478 30.7 51.0 Ecuador 33 42 57, 51 51 53 77 0.9 1.1 Gabon 0 23 27 26 37 26 42 0 0.6 Indonesia 249 284 379 536 56.5 474 480 7.2 7.0 Iran 205 463 278 298 518 517 535 5.9 7.8 Nigeria 409 697 746 1,014 1,278 1,238 1,060 11.8 15.5 Venezuel a 405 319 395 241 173 285 251 11.7 3.7 Total OPEC' 2,367 2,541 3,211 4,546 5,628 5,929 5,841 68.2 85.6 Canada 998 791 609 371 282 313 248 28.8 3.6 Mexico 8 2 70 87 144 145 174 0.2 2.6 UK 0 0 Negl. 13 86 35 50 0 0.7 Norway 0 1 12 35 54 0 59 0 0.9 Other 98 133 207 218 308 347 367 2.8 5.4 Total 3,471 3,477 4,105 5,287 6,520 6,785 6,821 100.0 100.0 Sep 1973 P 1977 Percent of Total ( re- Crisis Ist 2d Sep Jul Level) 1974 1975 1.976 Qti Qtr Jul 1973 1977 Canada Algeria 0 12 Negl. 0 C 0 0 0 0 Egypt 0 0 0 0 0 0 0 0 0 Iraq 23 10 31 29 17 6 36 2.4 5.9 Kuwait 0 25 29 2 0 0 0 0 0 Libya 56 9 ~i 20 0 0 0 6.0 0 Qatar 0 0 2 0 0 0 0 0 0 S audi Ar abia 82 91 165 109 188 168 145 8.7 23.6 United A rab Emirates 49 24 46 57 4 11 I 5.2 0.2 Other ' 0 0 0 0 0 0 0 0 0 Total OAPEC 210 171 282 217 209 185 182 22.3 29.6 E cuador 13 6 1 0 0 0 0 1.4 0 G abon 0 0 3 0 0 0 0 0 0 I ndonesia 0 0 0 0 0 0 0 0 0 I ran 149 199 202 157 145 126 94 15.9 15.3 N igeria 39 14 17 28 11 7 0 4.1 0 V enezuela 485 351 265 269 263 262 215 51 6 35 0 Total OPEC' 896 741 770 671 628 580 491 . 95.3 . 80.0 O ther 44 79 54 49 83 109 123 4.7 20.0 Total 940 820 824 720 711 689 614 100.0 100.0 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Selected Developed Countries: Crude Oil Imports, by Source (Continued) Sep 1973 (P 1977 Percent of Total re- Crisis 1st 2d Sep Sep Japan Level) 1974 1975 1976 Qtr Qtr Jul Aug Sep 1973 1977 Algeria 0 5 6 0 0 4 0 11 0 0 0 Egypt 0 2 0 Negl. 0 0 0 0 0 0 0 Iraq 0 40 92 127 162 162 318 132 59 0 1.3 Kuwait 488 479 416 342 350 399 255 403 513 10.0 11.5 Libya 31 70 59 41 11 35 13 21 13 0.6 0.3 Qatar 0 6 3 2 28 21 0 51 30 0 0.7 Saudi Arabia United Arab Emir- 1,148 1,304 1,355 1,572 1,846 1,429 1,445 1,723 1,407 23.5 31.6 ates ' 511 533 408 530 586 494 486 579 493 10.5 11.1 Other 2 0 0 0 0 0 0 0 0 0 0 0 Total OAPEC 2,181 2,439 2,339 2,814 2,983 2,544 2,517 2,920 2,515 44.7 56.5 Ecuador 0 0 0 0 0 0 0 0 0 0 0 Gabon 0 0 0 0 0 0 0 0 0 0 0 Indonesia 638 671 518 553 669 665 628 706 654 13.1 14.7 Iran 1,554 1,222 1,147 928 957 771 666 824 729 31.9 16.4 Nigeria 101 87 71 17 0 0 0 0 0 2.1 0 Venezuela 7 9 5 6 7 7 7 0 10 0.1 0.2 Total OPEC 4,481 4,426 4,080 4,118 4,816 3,987 3,818 4,450 3,908 91.9 87.8 Other 397 370 459 483 568 485 580 490 542 8.1 12.2 Total 4,878 4,798 4,539 4,601 5,184 4,472 4,398 4,940 4,450 100.0 100.0 Sep 1973 P ( re- Crisis 1st 2nd Sep Aug United Kingdom Level) 1974 1975 1976 Qtr Qtr Jul Aug 1973 1977 Abu Dhabi 28 86 47 29 35 44 45 41 1.5 3.2 Algeria 46 10 29 18 14 8 12 12 2.4 1.0 Egypt 0 5 16 3 0 11 37 0 0 0 Iraq 67 64 52 105 114 110 50 80 3.5 6.3 Kuwait 293 343 218 229 181 217 183 147 15.3 11.6 Libya 98 175 53 45 20 50 62 32 5.1 2.5 Qatar 73 96 77 94 78 24 34 20 3.8 1.6 Saudi Arabia 530 712 444 370 405 457 361 275 27.6 21.8 Other 2 0 0 16 3 0 0 0 0 0 0 Total OAPEC 1,135 1,491 952 896 847 921 784 607 59.2 48.1 Dubai 48 26 30 45 36 36 14 74 2.5 5.9 Ecuador 0 0 0 0 0 0 0 0 0 0 Gabon 0 14 0 0 0 0 0 0 0 0 Indonesia 0 0 0 0 0 0 0 0 0 0 Iran 317 290 351 398 414 269 145 243 16.5 19.2 Nigeria 188 158 117 76 70 13 16 18 9.8 1.4 Sharjah 0 0 0 0 0 0 0 0 0 0 Venezuela 66 66 64 29 16 22 18 33 3.4 2.6 Total OPEC' 1,754 2,040 1,482 1,438 1,383 1,250 940 975 91.5 77.2 Other 163 226 261 326 263 240 170 288 8.5 22.8 Total 1,917 2,271 1,775 1,770 1,646 1,501 1,147 1,283 100.0 100.0 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Selected Developed Countries: Crude Oil Imports, by Source (Continued) Sep 1973 1977 Percent of Total (Pre- Crisis 1st 2d Sep Jul Level) 1974 1975 1976 Qtr Qtr Jul 1973 1977 West Germany 5 10 Algeria 239 201 204 210 22 , 164 215 10.4 . 0 0 t 0 0 0 0 0 0 Egypt Iraq 43 73 28 35 31 21 0 1.9 0 Kuwait 102 82 54 25 2a 16 0 4.4 0 Libya 418 320 296 421 470 354 408 18.2 20.0 Qatar 18 20 25 24 13 24 0 0.8 0 Saudi Arabia 710 514 371 378 376 404 545 30.9 26.7 United Arab Emirates 162 169 158 125 155 156 140 7.1 6.9 Other' 26 19 16 25 22 25 26 1.1 1.3 Total OAPEC 1,718 1,398 1,156 1,243 1,318 1,164 1,334 74.8 65.3 Ecuador 0 0 0 0 0 0 0 0 0 Gabon 32 19 21 11 10 0 1.4 0 Indonesia 0 0 0 4 25 8 1 0 Negl. Iran 248 265 284 380 338 319 288 10.8 14.1 Nigeria 168 241 202 181 162 177 22.7 7.3 11.1 Venezuela 42 38 43 28 16 18 31 1.8 1.5 Total OPEC' 2,182 1,942 1,686 1,822 1,844 1,871 1,855 95.0 90.8 UK 0 0 0 14 52 66 51 0 2.5 Norway Negl. 3 12 23 38 12 27 0 1.3 Other 89 86 89 95 62 81 83 3.9 4.1 Total 2,297 2,050 1,807 1,979 2,018 1,855 2,042 100.0 100.0 Sep 1973 1977 Percent of Total (Pre- Crisis 1st 2cd Sep Aug Level) 1974 1975 1976 Qtr Qtr Jul Aug 1973 1977 France Abu Dhabi 249 268 210 202 186 214 158 147 9.0 6.2 Algeria 227 181 118 95 99 92 81 107 8.2 4.5 Egypt 1 0 4 13 11 8 0 0 Negl. 0 Iraq 375 330 240 335 379 274 436 447 13.6 18.9 Kuwait 316 246 134 811 103 57 84 59 11.4 2.5 Libya 131 74 44 62 38 42 74 46 4.7 1.9 Qatar 69 70 47 58 84 35 59 60 2.5 2.5 Saudi Arabia 623 842 669 870 832 813 834 987 22.5 41.8 Other 2 12 10 41 60 49 60 60 18 0.4 0.8 Total OAPEC 2,003 2,021 1,507 1,781 1,781 1,595 1,786 1,871 72.5 79.3 Dubai 27 36 43 3:3 52 31 41 62 1.0 2.6 Ecuador 0 0 0 0 0 0 0 0 0 0 Gabon 33 43 27 29 53 44 42 36 1.2 1.5 Indonesia 0 0 0 0 0 0 0 0 0 0 Iran 216 174 266 294 336 117 102 85 7.8 3.6 Nigeria 253 208 175 150 127 160 168 150 9.2 6.4 Sharjah 0 0 0 0 0 0 0 0 0 0 Venezuela 36 28 15 16 10 14 17 31 1.3 1.3 Total OPEC' 2,555 2,500 1,988 2,230 2,299 1,973 2,096 2,217 92.4 93.9 UK 0 0 0 7 0 28 37 31 0 1.3 Norway 0 2 18 46 0 22 17 14 0 0.6 Other 196 92 69 61 113 91 79 80 7.1 3.4 Total 2,764 2,604 2,120 2,417 2,472 2,182 2,289 2,360 100.0 100.0 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79BOO457AO01100020001-9 Selected Developed Countries: Crude Oil Imports, by Source (Continued) 4th Qtr 1977 Percent of Total 1973 (Pre- Crisis 1st 2d 4th Qtr 2d Qtr Level) 1974 1975 1976 Qtr Qtr 1973 1977 Italy Algeria 61 49 77 51 22 20 2.4 0.9 Egypt 0 0 0 0 0 0 0 0 Iraq 383 269 374 312 331 327 15.2 15.0 Kuwait 212 130 82 47 167 114 5.3 Libya 597 478 260 340 302 328 23.7 15.0 Qatar 21 57 26 26 24 20 0.8 0.9 Saudi Arabia 692 824 527 545 605 694 27.5 31.8 United Arab Emirates 0 13 33 50 99 34 0 1.6 Others 0 0 0 0 0 0 0 0 Total OAPEC 1,966 1,820 1,379 1,371 1,550 1,537 78.2 70.5 Ecuador 0 0 0 0 0 0 0 0 Gabon 3 10 6 1 10 0 0.1 0 Indonesia 0 0 0 0 0 0 0 0 Iran 277 301 258 292 250 296 11.0 13.6 Nigeria 9 63 7 7 10 18 0.4 0.8 Venezuela 18 13 20 16 12 34 0.7 1.6 Total OPEC' 2,273 2,207 1,670 1,687 1,832 1,885 90.4 86.5 UK 0 0 0 13 4 0 0 0 Norway 0 0 0 0 0 0 0 0 Other' 241 190 271 371 348 295 9.6 13.5 Total 2,514 2,397 1,941 2,071 2,184 2,180 100.0 100.0 Including oil imports from Abu Dhabi and possibly from Dubai and Sharjah, which are not members of OAPEC. Including, when applicable, Bahrain and Syria. 'Consisting of OAPEC members (excluding Bahrain, Egypt, and Syria) plus the other countries shown. ? Estimated. Including data that cannot be distributed by area of origin. Approved For Release 2001/04/11 : CIA-RDP79BOO457AO01100020001-9 Selected Develo ed Countries: Trends in Oil Trade Approved For Release 2001/04/11 : 8IA-RDP79B00457A001100020001-9 Thousand b/d Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Annual Dec Average United States 1973 Crude imports 2,732 2,873 3,162 3,049 3,215 3,220 3,501 3,595 3,471 3,740 3,452 2,891 3,244 Product imports 3,079 3,501 3,413 2,551 2,603 2,659 2,671 2,913 2,903 2,785 3,412 3,055 3,012 Total imports 5,811 6,374 6,575 5,600 5,818 5,879 6,172 6,506 6,374 6,525 6,864 5,946 6,256 Exports 210 260 224 275 237 215 240 217, 242 221 202 227 231 Net imports 5,601 6,114 6,351 5,325 5,581 5,664 5,932 6,289 6,132 6,304 6,662 5,719 6,025 1974 Crude imports 2,382 2,248 2,462 3,267 3,908 3,925 4,091 3,924 3,797 3,810 3,958 3,869 3,477 Product imports 2,973 2,973 2,753 2,703 2,580 2,493 2,397 2,434 2,225 2,320 2,704 2,853 2,611 Total imports 5,355 5,221 5,215 5,970 6,488 6,418 6,488 6,358 6,022 6,130 6,662 6,722 6,088 Exports 207 203 196 243 247 238 253 24, 171 221 186 231 220 Net imports 5,148 5,018 5,019 5,727 6,241 6,180 6,235 6,111 5,851 5,909 6,476 6,491 5,868 1975 Crude imports 4,029 3,828 3,656 3,378 3,486 3,905 4,192 4,581 4,689 4,389 4,623 4,476 4,105 Product imports 2,832 2,348 2,074 1,662 1,728 1,502 1,767 1,717, 2,115 1,940 1,796 1,949 1,951 Total imports 6,861 6,176 5,730 5,040 51214 5,407 5,959 6,298 6,804 6,329 6,419 6,425 6,056 Exports 228 248 213 190 202 224 186 203 205 187 166 262 209 Net imports 6,633 5,928 5,517 4,850 5,012 5,183 5,773 6,09 6,599 6,142 6,253 6,163 5,847 1976 Crude imports 4,594 4,208 4,738 4,790 4,669 5,621 5,792 51556 5,875 5,699 5,955 5,925 5,287 Product imports 2,016 2,423 1,946 1,805 1,654 1,858 2,099 1,826 2,038 1,808 2,115 2,353 2,008 Total imports 6,610 6,631 6,684 6,595 6,323 7,479 7,891 7,381 7,913 7,507 8,070 8,278 7,295 Exports 156 241 185 222 180 213 242 220 196 198 348 309 226 Net imports 6,454 6,390 6,499 6,373 6,143 7,266 7,649 7,161 7,717 7,309 7,720 7,969 7,069 1977 Crude imports 6,288 6,652 6,633 6,785 6,821 6,947 6,656 6,572 6,580 Product imports 2,594 3,278 2,529 1,886 1,754 1,855 1,800 2,010 2,170 Total imports 8,882 9,930 9,162 8,671 8,575 8,802 8,456 8,581 8,750 Exports 192 234 207 223 288 256 212 228 214 Net imports 8,690 9,696 8,955 8,448 8,287 8,546 8,244 8,354 8,536 Canada 1973 Crude imports 945 975 932 772 930 741 1,058 93, 940 799 934 802 897 Product imports 163 93 55 37 119 121 122 155 105 132 140 149 130 Total imports 1,108 1,068 987 809 1,049 862 1,180 1,090 1,045 931 1,074 951 1,027 Exports 1,357 1,500 1,364 1,472 1,495 1,446 1,162 1,298 1,300 1,363 1,357 1,237 1,364 Net imports -249 -432 -377 -663 -446 -584 18 -208 -255 -432 -283 -322 -337 1974 Crude imports 822 988 717 718 971 763 816 817 672 787 798 721 820 Product imports 96 44 142 33 114 125 89 104 58 75 87 74 83 Total imports 918 1,032 859 751 1,085 888 905 921 730 862 885 795 903 Exports 1,180 1,402 1,056 1,266 1,270 1,220 956 978 1,026 988 1,110 981 1,086 Net imports -262 -370 -197 -515 -185 -332 -51 -57 -296 -126 -225 -186 -183 1975 Crude imports 1,052 915 849 804 1,067 850 678 946 716 516 562 929 824 Product imports 48 68 27 46 56 56 48 50 40 57 26 27 41 Total imports 1,100 983 876 850 1,123 906 726 996 756 573 588 956 865 Exports 1,122 1,068 834 815 745 702 893 90c 936 921 1,017 848 899 Net imports -22 -85 42 35 378 204 -167 93 -180 -348 -429 108 -34 1976 Crude imports 738 783 870 802 793 832 825 728 409 565 690 596 720 Product imports 21 26 30 16 45 45 43 54 23 60 50 20 36 Total imports 759 809 900 818 838 877 868 782, 432 625 740 616 756 Exports 1,029 669 569 636 650 676 815 571 603 605 625 612 646 Net imports -270 140 331 182 188 201 53 211 -171 20 115 4 110 1977 Crude imports 729 645 752 585 679 802 614 Product imports 28 25 27 19 49 60 37 Total imports 757 670 779 604 728 862 651 Exports 611 568 522 526 515 506 523 Net imports 146 102 257 78 213 356 128 Japan 1973 Crude imports 4,662 4,775 4,830 4,864 4,918 5,043 4,697 5,550 4,878 5,483 5,029 5,139 4,992 Product imports 640 803 650 542 664 640 523 5014 443 592 533 486 584 Total imports 5,302 5,578 5,480 5,406 5,582 5,683 5,220 6,057, 5,321 6,075 5,562 5,625 5,576 Exports 11 33 23 28 19 13 39 31 21 25 13 25 24 Net imports 5,291 5,545 5,457 5,378 5,563 5,670 5,181 6,026 5,300 6,050 5,549 5,600 5,552 1974 Crude imports 4,467 5,008 4,886 5,120 4,794 4,878 5,204 4,601 4,214 4,763 4,818 4,834 4,798 Product imports 648 671 684 625 858 323 755 624 531 529 569 597 662 Total imports 5,115 5,679 5,570 5,745 5,652 5,701 5,959 5,22E 4,745 5,292 5,387 5,431 5,460 Exports 14 25 16 20 24 17 25 93 135 46 79 179 56 Net imports 5,101 5,654 5,554 5,725 5,628 5,684 5,934 5,132 4,610 5,246 5,308 5,252 5,404 Approved For Release 2001/04/11 : CIA-RDP79B00457A001100020001-9 Approved For Release 2'bb`f64?f"flQIHQV "48`~R60ft0020001-9 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Annual Dec Average Japan (Continued) 1975 Crude imports 4,581 4,502 4,773 4,304 4,765 3,956 4,401 4,120 4,637 4,928 4,611 4,880 4,539 Product imports 471 367 466 445 439 361 487 489 461 518 545 574 469 Total imports 5,052 4,869 5,239 4,749 5,204 4,317 4,888 4,609 5,098 5,446 5,156 5,454 5,008 Exports 80 52 40 38 61 40 42 17 5 7 5 6 32 Net imports 4,972 4,817 5,199 4,711 5,143 4,277 4,846 4,592 5,093 5,439 5,151 5,448 4,976 1976 Crude imports 3,901 4,683 4,586 4,989 4,217 4,469 4,690 4,391 4,492 4,642 5,165 5,019 4,601 Product imports 699 649 704 563 593 637 669 651 747 504 615 634 634 Total imports 4,600 5,332 5,290 5,552 4,810 5,106 5,359 5,042 5,239 5,146 5,780 5,653 5,235 Exports 3 5 9 4 4 5 5 6 9 4 9 6 6 Net imports 4,597 5,327 5,281 5,548 4,806 5,101 5,354 5,036 5,230 5,142 5,771 5,647 5,229 1977 Crude imports 5,023 4,857 5,671 4,210 4,955 4,234 4,398 4,940 4,450 Product imports 584 686 665 632 682 729 561 644 705 Total imports 5,607 5,543 6,336 4,842 5,637 4,963 4,959 5,584 5,155 Exports 7 8 8 6 4 11 8 5 7 Net imports 5,600 5,535 6,328 4,836 5,633 4,952 4,951 5,579 5,148 France 1973 Crude imports 2,897 2,699 2,955 2,728 2,540 2,676 2,288 2,791 2,764 2,797 3,053 2,549 2,728 Product imports 137 174 148 142 176 128 138 169 139 171 126 117 147 Total imports 3,034 2,873 3,103 2,870 2,716 2,804 2,426 2,960 2,903 2,968 3,179 2,666 2,875 Exports 255 260 232 226 317 290 246 307 307 261 253 279 269 Net imports 2,779 2,613 2,871 2,644 2,399 2,514 2,180 2,653 2,596 2,707 2,926 2,387 2,606 1974 Crude imports 2,686 2,942 2,508 2,990 2,476 2,555 2,580 2,529 2,274 2,725 2,322 2,686 2,604 Product imports 80 121 80 121 144 98 180 152 188 157 134 200 138 Total imports 2,766 3,063 2,588 3,111 2,620 2,653 2,760 2,681 2,462 2,882 2,456 2,886 2,742 Exports 269 230 258 277 257 225 210 211 186 166 220 211 224 Net imports 2,497 2,833 2,330 2,834 2,363 2,428 2,550 2,470 2,276 2,716 2,236 2,675 2,518 1975 Crude imports 2,234 2,056 2,095 2,047 1,952 1,989 2,130 2,201 2,136 2,199 2,203 2,462 2,120 Product imports 213 266 203 165 127 162 180 100 118 113 131 131 158 Total imports 2,447 2,322 2,298 2,212 2,079 2,151 2,310 2,301 2,254 2,312 2,334 2,593 2,278 Exports 209 221 175 217 190 230 182 302 264 214 267 259 227 Net imports 2,238 2,101 2,123 1,995 1,889 1,921 2,128 1,999 1,990 2,098 2,067 2,334 2,051 1976 Crude imports 2,175 2,447 2;600 2,500 2,188 2,039 2,456 2,370 2,517 2,180 2,767 2,704 2,417 Product imports 134 143 158 158 128 233 266 218 199 223 170 151 181 Total imports 2,309 2,590 2,758 2,658 2,316 2,272 2,722 2,588 2,716 2,403 2,937 2,855 2,598 Exports 276 325 395 316 272 324 244 288 274 .207 268 288 249 Net imports 2,033 2,265 2,363 2,342 2,044 1,948 2,478 2,300 2,442 2,196 2,669 2,567 2,349 1977 Crude imports ; 2,711 2,508 2,198 2,537 1,944 2,079 2,289 2,360 Product imports 123 117 169 166 145 183 171 216 Total imports 2,834 2,625 2,367 2,703 2,089 2,262 2,460 2,576 Exports 277 266 286 356 366 276 278 351 Net imports 2,557 2,359 2,081 2,347 1,723 1,986 2,182 2,225 Italy 1973 Crude imports 2,308 2,448 2,600 2,598 2,498 2,996 2,779 2,784 2,606 2,548 1,844 N.A. 2,567 Product imports 76 133 97 98 154 98 109 137 232 29 65 N.A. 102 Total imports 2,384 2,581 2,697 2,696 2,652 3,094 2,888 2,921 2,838 2,577 1,909 N.A. 2,669 Exports 604 628 513 595 678 671 775 725 586 630 515 N. A. 579 Net imports 1,780 1,953 2,184 2,101 1,974 2,423 2,113 2,196 2,252 1,947 1,394 N.A. 2,090 1974 Crude imports 1,576 2,850 2,270 2,527 2,961 2,435 2,575 2,800 2,254 2,270 2,285 2,237 2,397 Product imports 71 60 92 145 126 108 219 190 241 225 378 283 119 Total imports 1,647 2,910 2,362 2,672 3,087 2,543 2,794 2,990 2,495 2,495 2,663 2,520 2,516 Exports 198 645 413 583 444 397 546 433 407 293 375 363 423 Net imports 1,449 2,265 1,949 2,089 2,643 2,146 2,248 2,557 2,088 2,202 2,288 2,157 2,093 1975 Crude imports 1,858 1,688 1,724 1,841 1,659 1,949 1,706 1,918 2,236 2,117 1,752 1,990 1,941 Product imports 172 229 246 246 319 181 219 142 138 202 191 229 180 Total imports 2,030 1,917 1,970 2,087 1,978 2,130 1,925 2,060 2,374 2,319 1,943 2,219 2,121 Exports 240 264 212 240 246 308 285 413 394 324 252 236 291 Net imports 1,790 1,653 1,758 1,847 1,732 1,822 1,640 1,647 1,980 1,995 1,691 1,983 1,830 Approved For Release 2001/04/1 : CIA-RDP79B00457AO01100020001-9 i I Selected Developed Countries: Trends in Oil Trade Approved For Release 2001/04/11 : CW40,t T bOO457AOO11OOO2OOO1-9 Italy (Continued) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Annual Dec Average 1976 Crude imports 2,024 2,024 2,024 2,014 2,014 2,014 2,115 2,115 2,115 2,131 2,131 2,131 2,071 Product imports 160 160 160 216 216 216 219 219 219 194 194 194 197 Total imports 2,184 2,184 2,184 2,230 2,230 2,230 2,334 2,334 2,334 2,325 2,325 2,325 2,268 Exports 271 271 271 337 337 337 322 322 322 289 289 289 305 Net imports 1,913 1,913 1,913 1,893 1,893 1,893 2,012 2,012 2,012 2,036 2,036 2,036 1 963 1977 , Crude imports 2,198 2,198 2,198 2,370 1,931 2,145 1,966 2,025 1,971 Product imports 232 232 232 198 141 196 145 134 161 Total imports 2,430 2,430 2,430 2,568 2,072 2,341 2,111 2,159 2,132 Exports 368 368 368 341 365 434 290 358 292 Net imports 2,062 2,062 2,062 2,227 1,707 1,907 1,821 1,801 1,840 United Kingdom 1973 Crude imports 2,276 2,090 2,273 2,248 2,402 2,535 2,175 2,818 1,917 2,892 2,415 2,004 2,329 Product imports 615 533 457 359 488 439 323 417 361 416 326 208 409 Total imports 2,891 2,623 2,730 2,607 2,890 2,974 2,498 3,235 2,278 3,308 2,741 2,212 2,738 Exports 464 311 323 329 332 257 430 555 496 464 488 293 396 Net imports 2,427 2,312 2,407 2,278 2,558 2,717 2,068 2,680 1,782 2,844 2,253 1,919 2,342 1974 Crude imports 2,593 2,439 2,486 2,437 2,486 2,442 2,182 1,994 2,144 2,534 2,259 1,941 2,271 Product imports 440 372 353 306 364 291 326 252 246 324 372 385 314 Total imports 3,033 2,811 2,839 2,743 2,850 2,733 2,508 2,246 2,390 2,858 2,631 2,326 2,585 Exports 491 256 204 238 344 373 331 364 353 385 268 314 321 Net imports 2,542 2,555 2,635 2,505 2,506 2,360 2,177 1,882 2,037 2,473 2,363 2,012 2,264 1975 Crude imports 2,216 2,030 1,491 1,849 1,802 1,926 1,748 1,776 1,687 2,032 1,429 1,599 1,775 Product imports 442 329 267 290 231 257 262 247 240 303 348 344 292 Total imports 2,658 2,359 1,758 2,139 2,033 2,18.3 2,010 2,023 1,927 2,335 L777 1,943 2,067 Exports 310 343 224 226 262 303 317 308 357 423 299 261 300 Net imports 2,348 2,016 1,534 1,913 1,771 1,880 1,693 1,715 1,570 1,912 1,478 1,683 1,767 1976 Crude imports 1,888 1,986 1,762 1,938 1,698 1,814 1,688 1,615 1,779 1,474 2,112 1,724 1,770 Product imports 302 314 421 301 318 267 297 220 221 200 251 283 282 Total imports 2,190 2,300 2,183 2,239 2,016 2,081 1,985 1,835 2,000 1,674 2,363 2,007 2,052 Exports 333 264 384 332 349 328 407 399 488 464 522 447 392 Net imports 1,857 2,036 1,799 1,907 1,667 1,753 1,578 1,436 1,512 1,210 1,841 1,560 1,660 1977 Crude imports 1,756 1,511 1,672 1,347 1,701 1,449 1,147 1,263 Product imports 253 238 261 272 312 286 261 313 Total imports 2,109 1,749 1,933 1,619 2,013 1,735 1,408 1,576 Exports 546 575 589 538 539 732 597 747 Net imports 1,563 1,174 1,344 1,081 1,474 1,003 811 829 West Germany 1973 Crude imports 2,177 2,217 2,226 2,201 2,173 2,306 2,091 2,140 2,297 2,359 2,274 2,067 2,210 Product imports 776 788 690 831 870 748 789 710 828 904 859 709 836 Total imports 2,953 3,005 2,916 3,032 3,043 3,054 2,889 2,850 3,125 3,263 3,133 2,776 3,046 Exports 153 177 164 135 184 174 177 185 155 239 235 141 177 Net imports 2,800 2,828 2,752 2,897 2,859 2,880 2,712 2,665 2,970 3,024 2,898 2,635 2,869 1974 Crude imports 2,050 1;891 1,973 1,962 1,990 2,245 2,080 2,147 2,055 2,048 2,244 1,918 2,050 Product imports 613 774 767 646 795 740 882 891 806 756 669 689 746 Total imports 2,663 2,665 2,649 2,608 2,785 2,985 2,962 3,038 2,861 2,804 2 913 2 607 2 796 Exports 180 178 238 147 236 141 170 214 193 165 , 184 , 186 , 199 Net imports 2,483 2,487 2,411 2,461 2,549 2,844 2,792 2,824 2,668 2,639 2,729 2,421 2 597 1975 , Crude imports 1,684 1,614 1,453 1,798 1,754 1,911 1,676 1,839 1,810 2,051 2,075 1,935 1,807 Product imports 583 766 606 824 575 920 794 767 873 789 667 718 709 Total imports 2,267 2,380 2,059 2,622 2,329 2,831 2,470 2,606 2,683 2,840 2,742 2,653 2,509 Exports 158 120 113 132 100 121 137 120 133 125 .161 126 129 Net imports 2,109 2,260 1,946 2,490 2,229 2,710 2,333 2,486 2,550 2,715 2,581 2,527 2 380 1976 , Crude imports 1,669 1,836 1,717 1,823 1,830 1,847 2,050 2,168 2,220 2,068 2,233 2,273 1,979 Product imports 761 978 792 808 833 871 850 991 811 645 690 899 830 Total imports 2,430 2,814 2,509 2,631 2,663 2,718 2,900 3,159 3,031 2,713 2,923 3,172 2,809 Exports 113 115 148 115 131 101 176 128 168 116 132 160 134 Net imports 2,317 2,699 2,361 2,516 2,532 2,617 2,724 3,031 2,863 2,597 2,791 3,012 2 675 1977 , Crude imports 2,140 2,020 1,894 1,774 1,871 1,920 2,042 2,097 Product imports 705 615 680 813 751 921 969 835 Total imports 2,845 2,635 2,574 2,587 2,622 2,841 3,011 2,932 Exports 78 155 128 113 152 147 117 129 Net imports 2,767 2,480 2,446 2,474 2,470 2,694 2,894 2,803 ' Bureau of the Mines data through Apr 1977. E Estimated. Approved For Release 2001/04/11 : CIA-RDP79BOO457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79BOO457AO01100020001-9 Developed Countries: Exports to OPEC' Algeria Ecua- dor Gabon Indo- nesia Iran Iraq Saudi Kuwait Libya Nigeria Qatar Arabia UAE Vene- zuela Total United States 1974 315.1 325.8 32.5 530.5 1,733.6 284.7 208.5 139.4 288.4 33.8 835.1 229.7 1,767.7 6,722.6 1975 831.8 409.8 58.7 810.1 3,243.7 309.7 368.1 231.5 538.3 50.3 1,501.8 372.2 2,243.3 10,765.3 1976 487.0 415.8 45.9 1,036.0 2,778.0 381.8 471.5 276.8 769.9 78.7 2,774.1 424.8 2,627.8 12,585.9 1st Qtr 75.7 91.3 9.1 271.1 748.3 78.6 111.9 33.1 127.4 16.5 484.9 111.2 591.7 2,750.8 2d Qtr 165.5 99.8 9.0 286.7 617.1 95.4 110.3 52.5 161.6 19.6 743.3 112.0 640.1 3,112.9 3d Qtr 113.0 105.1 8.0 244.5 624.5 159.0 114.6 118.1 197.8 8.5 714.2 81.0 617.4 3,105.7 4th Qtr 132.8 119.6 19.8 233.7 786.1 48.8 134.7 72.9 283.1 34.1 831.7 120.6 778.6 3,596.5 1977 1st Qtr 116.0 98.0 9.3 187.8 592.7 53.7 152.3 68.5 203.6 24.6 739.5 147.0 669.2 3,062.2 2d Qtr Japan 145.7 133.4 9.5 197.1 609.8 49.5 157.1 89.0 239.6 19.0 838.1 134.3 766.8 3,388.9 1974 154.5 113.8 7.4 1,453.3 1,014.9 474.4 279.5 234.4 285.1 46.7 877.5 309.2 399.0 5,449.7 1975 280.9 177.8 14.2 1,849.9 1,855.3 818.8 367.1 240.2 586.0 122.3 1,350.4 420.2 360.2 8,423.3 1978 204.4 133.6 16.7 1,642.4 1,709.4 628.2 720.4 327.2 575.0 229.0 1,892.7 636.8 563.8 9,277.4 1st Qtr 44.3 21.6 1.8 361.6 400.0 128.0 126.2 68.1 112.6 56.5 330.8 130.8 89.4 1,871.7 2d Qtr 56.6 32.8 2.7 381.1 400.0 191.4 172.9 75.0 124.8 42.2 529.6 143.4 118.6 2,271.1 3d Qtr 33.5 34.8 7.3 435.8 437.4 156.4 199.1 93.7 133.2 60.6 569.8 165.1 149.1 2,475.8 4th Qtr 70.0 44.4 4.9 463.9 472.0 150.4 222.2 90.4 204.4 69.7 462.5 197.5 206.5 2,658.8 1977 1st Qtr 52.0 38.2 5.9 390.6 427.2 131.3 237.5 67.9 211.1 73.2 425.8 224.5 173.8 2,459.0 Apr West Germany 48.4 20.8 1.3 124.4 141.8 92.9 84.6 16.6 69.1 34.8 174.1 77.8 79.9 966.5 1974 482.9 82.3 28.3 324.3 1,139.1 373.4 159.9 402.4 346.0 20.9 286.0 90.2 330.6 4,066.3 1975 610.1 76.5 23.9 392.7 2,105.1 1,047.7 203.2 535.9 853.4 47.0 564.6 145.1 371.2 6,776.4 1976 740.2 93.2 27.1 478.4 2,294.3 884.4 304.8 523.3 867.2 87.7 1,191.1 233.3 540.5 8,245.5 1st Qtr 178.1 17.5 5.2 97.6 484.5 216.6 56.0 121.4 185.5 15.0 182.8 45.9 104.2 1,710.3 2d Qtr 152.5 17.9 6.8 104.2 539.7 182.9 63.7 102.0 176.6 22.3 302.3 50.0 117.3 1,838.2 3d Qtr 198.0 34.1 7.5 123.7 590.1 269.2 83.0 153.6 214.2 11.3 324.1 58.3 167.7 2,234.8 4th Qtr 211.6 23.7 7.6 152.9 680.0 215.7 102.1 146.3 290.9 19.1 381.9 79.1 151.3 2,462.2 1977 1st Qtr 312.8 35.2 8.4 98.4 608.4 205.1 79.6 136.6 260.4 24.5 298.1 81.3 158.4 2,307.2 Apr France 69.8 7.4 2.7 28.9 221.1 81.7 28.2 49.0 104.6 6.0 107.4 34.9 57.6 799.3 1974 1,297.5 18.4 185.0 103.9 257.5 214.4 63.9 382.7 175.0 9.4 120.0 68.6 140.9 3,017.2 1975 1,904.2 18.2 335.8 120.6 631.6 409.0 97.5 405.5 462.9 15.0 198.6 134.1 175.8 4,908.8 1976 1,475.2 17.7 389.8 219.3 652.7 473.5 225.9 348.7 531.8 31.7 339.3 190.8 170.4 5,066.8 1st Qtr 392.7 4.3 84.4 63.2 176.3 134.8 34.7 94.2 102.7 7.3 65.3 44.1 36.3 1,240.3 2d Qtr 330.2 4.8 90.6 56.3 162.8 110.4 53.8 99.2 133.7 7.2 92.0 41.1 39.0 1,221.1 3d Qtr 383.1 5.2 114.2 49.5 173.8 111.3 48.1 73.0 136.6 6.6 78.7 50.2 49.4 1,279.7 4th Qtr 369.2 3.4 100.6 50.3 139.8 117.0 89.3 82.3 158.8 10.6 103.3 55.4 45.7 1,325.7 1977 1st Qtr 363.7 5.5 121.0 56.2 154.3 127.7 36.4 98.6 184.8 20.7 114.3 52.2 56.2 1,391.6 Apr United Kingdom 104.3 1.5 45.6 19.7 57.0 32.2 18.0 33.3 55.0 4.1 59.4 13.6 16.0 459.7 1974 128.1 31.8 8.4 109.2 653.2 139.9 139.9 148.5 520.3 51.8 280.4 227.0 117.8 2,554.1 1975 173.7 38.4 6.3 133.4 1,097.7 302.2 217.5 236.8 1,125.9 121.6 440.0 440.8 200.3 4,534.6 1976 183.7 41.2 7.3 144.4 921.1 273.5 257.1 241.8 1,389.0 155.9 710.8 579.0 229.9 5,134.5 1st Qtr 50.0 7.0 2.1 33.4 235.3 95.5 52.0 57.1 339.8 38.3 131.7 141.1 55.1 1,238.4 2d Qtr 47.0 9.1 1.9 38.7 250.9 60.8 59.8 61.0 338.4 44.3 161.0 137.4 48.9 1,259.2 3d Qtr 43.9 11.4 1.5 32.2 226.2 63.4 69.8 64.7 340.5 34.0 193.8 130.3 50.8 1,262.5 4th Qtr 42.8 13.7 1.8 40.1 208.7 53.8 75.5 59.0 370.3 39.3 224.1 170.2 75.1 1,374.4 1977 1st Qtr 43.8 22.3 2.0 42.7 274.3 66.4 79.1 61.9 407.2 42.6 209.7 209.1 59.8 1,520.9 2d Qtr 34.3 26.1 3.4 30.2 282.6 70.0 113.6 77.5 482.9 57.0 250.9 194.7 64.2 1,687.4 Approved Fort Release 2001/04/11 : CIA-RDP79BOO457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Developed Countries: Exports to OPEC' (Continued) Ecua- Indo- Saudi Vene- Algeria dor Gabon nesia Iran Iraq Kuwait Libya Nigeria Qatar Arabia UAE zuela Total Italy 1974 325.7 25.5 6.6 58.0 282.4 96.0 65.7 853.8 131.0 11.0 133.2 37.3 211.6 2,237.8 1975 559.7 30.2 13.9 85.5 566.3 259.5 116.5 1,032.2 298.5 22.8 323.3 87.6 321.9 3,717.7 1976 408.5 22.8 14.9 53.1 730.6 203.2 175.2 955.5 317.4 25.7 838.1 133.2 350.4 4,026.4 1st Qtr 104.5 4.3 2.4 12.3 140.4 42.7 26.3 186.0 46.2 6.7 96.3 23.8 63.9 755.8 2d Qtr 77.9 4.8 3.2 18.4 193.5 67.6 39.1 232.8 74.2 5.2 127.5 28.8 77.7 950.7 3d Qtr 97.1 6.2 4.0 11.8 198.6 48.4 46.9 265.6 92.4 7.5 155.0 31.0 92.1 1,056.6 4th Qtr 129.0 7.3 5.3 10.6 198.1 44.5 62.9 271.1 104.6 6.3 257.3 49.6 116.7 1,263.3 1977 1st Qtr 126.8 5.9 7.3 11.5 193.6 53.6 53.9 269.7 122.4 9.0 211.4 45.6 124.8 1,235:5 Apr & May 99.4 6.9 6.7 6.8 153.6 33.0 43.8 229.4 102.3 7.5 160.9 33.5 97.1 980.9 Canada 1974 181.2 13.4 0 54.9 61.1 19.6 4.9 5.9 25.8 3.6 18.0 3.9 253.3 825.6 1975 99.3 21.4 0.5 63.7 144.7 66.5 15.7 22.4 37.6 1.5 34.3 4.5 314.5 826.6 1976 94.6 24.5 2.5 77.1 145.9 36.2 22.6 9.6 32.6 4.3 107.8 11.4 360.4 929.5 1st Qtr 7.1 1.9 0.1 7.9 32.4 21.7 3.9 3.3 9.0 1.2 30.6 2.5 45.6 167.2 2d Qtr 20.6 13.5 1.3 15.4 35.2 8.2 2.6 3.7 6.6 0.2 12.8 3.1 60.6 183.8 3d Qtr 32.4 4.5 0.4 20.9 42.7 5.1 4.7 1.4 6.8 1.4 13.7 2.5 133.5 270.0 4th Qtr 34.5 4.6 0.7 32.9 35.6 1.2 11.4 1.2 10.2 1.5 50.7 3.3 120.7 308.5 1977 1st Qtr 29.6 3.3 0.6 24.7 35.1 22.1 13.2 2.0 9.8 1.1 28.6 3.4 73.6 247.1 2d Qtr 31.0 5.3 0.3 10.4 31.2 11.8 8.3 5.5 6.5 0.6 22.7 5.1 139.4 278.1 Ecua- Indo- Saudi Vene- Algeria dor Gabon nesia Iran Iraq Kuwait Libya Nigeria Qatar Arabia UAE zuela Total United States' 1974 1,090.5 473.0 162.3 1,688.1 2,132.2 0.9 13.4 1.4 3,286.2 79.6 1,671.2 366.3 4,671.1 15,636.2 1975 1,358.6 460.8 196.9 2,220.6 1,399.8 19.1 111.4 1,045.7 3,281.5 58.5 2,624.6 683.8 3,623.9 17,083.2 1976 2,209.4 539.0 189.8 3,004.3 1,480.1 110.0 37.6 2,243.4 4,937.6 119.0 5,212.9 1,359.2 3,574.6 25,016.9 1st Qtr 447.5 109.4 51.3 714.4 378.0 1.2 25.7 485.0 1,016.8 22.2 1,152.9 272.7 893.3 5,570.4 2d Qtr 529.9 123.5 65.0 692.5 345.3 0.3 4.3 478.7 1,141.5 8.2 1,166.2 288.2 738.1 5,581.7 3d Qtr 674.8 136.2 20.3 851.1 397.1 35.1 4.9 603.9 1,365.3 57.4 1,506.3 363.9 935.5 6,951.8 4th Qtr 557.2 169.9 53.2 746.3 359.7 73.4 2.7 675.8 1,414.0 31.2 1,387.5 434.4 1,007.7 6,913.0 1977 1st Qtr 695.7 155.4 58.2 914.0 657.5 45.1 66.2 820.5 1,646.7 41.1 1,603.2 405.8 1,214.6 8,324.0 2d Qtr 743.2 171.1 62.3 926.7 699.3 126.3 72.5 1,080.5 1,598.1 74.3 1,720.8 439.0 958.5 8,672.6 Japan 1974 34.3 22.3 6.8 4,569.3 4,767.0 201.6 2,131.9 364.2 448.9 22.1 5,238.2 2,1:L6.6 46.4 19,969.6 1975 36.4 13.5 12.8 3,431.2 4,978.3 395.6 2,009.7 280.1 278.6 27.6 6,132.9 1,773.4 33.9 19,404.0 1976 10.3 22.0 17.9 4,093.3 4,453.8 579.1 2,015.9 206.7 108.7 30.4 7,834.0 2,471.6 33.6 21,877.3 1st Qtr 8.7 6.0 5.9 962.5 974.2 119.3 535.1 16.0 73.7 9.4 1,856.7 635.5 9.8 5,212.8 2d Qtr 0.1 6.6 4.3 1,002.0 1,179.1 136.2 466.4 62.3 11.5 4.8 1,954.7 5134.2 7.6 5,399.8 3d Qtr 0.7 4.1 4.8 1,021.7 952.6 119.1 505.1 69.0 18.2 11.3 2,064.4 629.5 5.9 5,406.4 4th Qtr 0.8 5.3 2.9 1,107.1 1,347.9 204.5 509.3 59.4 5.3 4.9 1,958.2 642.4 10.3 5,858.3 1977 1st Qtr 1.7 5.0 2.5 1,252.5 1,181.0 187.4 514.8 14.3 3.8 45.1 2,328.1 699.0 10.6 6,245.8 Apr 0 1.6 0.4 390.9 249.6 62.4 181.1 2.7 4.2 23.5 678.9 177.4 3.8 1,776.5 West Germany 1974 1,090.8 66.1 97.7 188.7 1,240.3 305.3 355.0 1,633.1 1,101.4 92.9 2,044.1 752.1 243.9 9,211.4 1975 1,025.4 82.0 107.4 153.4 1,487.4 127.9 226.9 1,391.1 962.4 124.0 1,623.1 736.0 232.1 8,239.1 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457A001100020001-9 Developed Countries: Imports From OP (Continued) Iraq Kuwait Libya Nigeria Qatar Arabia UAE zuela Total West Germany (Continued) 1976 1,145.7 67.3 89.3 213.6 1,987.5 154.7 182.1 2,103.3 975.1 124.6 1,798.1 691.1 207.9 9,720.3 1st Qtr 264.0 13.4 21.2 48.2 426.0 27.3 51.3 473.6 251.6 26.3 388.7 153.6 44.3 2,189.5 2d Qtr 292.8 14.4 21.2 35.4 410.3 33.2 55.3 474.9 232.8 41.3 367.3 167.4 76.7 2,223.0 3d Qtr 305.7 12.1 13.0 62.1 526.8 57.0 38.1 544.0 238.7 0.1 554.8 177.9 45.1 2,575.4 4th Qtr 283.2 27.4 13.9 67.9 624.4 37.2 37.4 610.8 252.0 56.9 487.3 192.2 41.8 2,732.4 77 19 1st Qtr 328.6 20.8 16.0 96.8 496.1 38.8 44.6 623.8 232.3 16.6 436.7 197.0 30.0 2,578.1 Apr 66.0 7.3 4.0 24.0 160.2 0.5 20.0 152.5 84.2 22.3 131.7 72.4 10.5 755.6 France 1974 957.7 9.7 320.8 61.5 716.3 1,242.3 938.5 386.8 872.8 264.0 3,028.3 1,184.6 133.5 10,118.8 1975 747.2 15.7 246.8 55.2 1,286.1 1,128.5 652.0 200.6 859.4 211.9 3,041.8 1,134.4 86.1 9,865.5 1976 691.4 13.2 293.8 97.2 1,436.1 1,590.6 409.1 320.3 749.4 328.1 4,079.1 1,235.3 94.0 11,335.6 1st Qtr 179.8 3.7 64.2 14.4 358.9 281.5 63.1 78.7 207.3 98.4 982.4 452.7 32.6 2,817.7 2d Qtr 170.7 2.8 74.1 21.5 315.8 331.6 120.4 89.4 173.0 74.2 977.1 238.5 20.7 2,609.8 3d Qtr 155.3 1.9 79.1 27.1 331.4 400.0 111.7 65.4 152.6 80.0 1,033.5 264.4 20.3 2,722.7 4th Qtr 185.6 4.8 76.4 34.2 430.0 577.5 113.9 86.8 216.5 73.5 1,086.1 279.7 20.4 3,185.4 1977 1st Qtr 196.5 5.5 88.1 30.7 448.6 470.7 125.5 65.4 209.4 99.5 1,033.5 263.5 19.5 3,056.4 Apr 54.5 3.5 32.8 13.6 134.1 135.4 23.8 16.3 84.9 16.4 304.5 53.3 6.0 879.1 United Kingdom 1974 83.8 5.1 66.1 33.8 1,202.9 248.6 1,334.0 913.6 860.6 388.5 2,757.8 483.9 315.9 8,694.6 1975 189.8 4.6 8.1 33.2 1,554.3 228.1 935.5 288.5 685.0 348.5 1,915.3 356.6 386.8 6,912.3 1976 147.3 4.6 16.3 39.9 1,879.0 492.6 1,042.7 297.4 574.9 456.1 1,763.9 362.8 215.4 7,292.7 1st Qtr 54.6 0.9 1.2 7.8 425.9 70.1 223.3 70.1 160.9 149.0 492.1 98.2 70.1 1,824.2 2d Qtr 30.2 1.2 9.6 8.9 478.6 69.5 230.0 42.0 167.9 145.3 386.5 103.0 64.9 1,737.6 3d Qtr 41.4 1.3 3.0 13.4 473.3 196.7 225.7 98.2 138.4 103.3 444.9 103.2 50.8 1,893.6 4th Qtr 21.1 1.2 2.5 9.8 501.2 156.3 363.7 87.1 107.7 58.5 440.4 58.2 29.6 1,837.3 1977 1st Qtr 26.8 0.9 2.3 9.2 482.0 138.5 224.3 29.8 159.3 99.4 498.6 92.0 19.9 1,783.0 2d Qtr 20.7 2.2 1.1 11.0 359.3 146.0 282.7 81.0 68.9 32.7 558.7 102.1 35.3 1,701.7 Italy 1974 268.2 25.1 56.0 72.4 1,123.3 1,186.4 478.6 2,364.8 360.6 208.1 3,047.0 108.3 105.3 9,384.1 1975 405.3 34.0 41.7 53.4 1,134.5 1,672.3 357.9 1,248.4 67.6 127.1 2,351.2 201.1 159.7 7,854.2 1976 296.8 25.4 16.4 114.7 1,218.9 1,304.2 203.2 1,587.0 55.8 140.1 2,423.8 236.8 208.1 7,831.2 1st Qtr 81.3 4.8 1.9 21.4 290.5 313.3 17.9 351.8 10.7 33.5 471.3 62.9 27.8 1,689.1 2d Qtr 73.1 6.1 5.0 24.9 309.1 284.5 26.5 481.4 12.7 39.9 729.8 49.6 49.1 2,091.7 3d Qtr 76.5 7.8 5.5 30.1 303.4 356.9 71.9 403.1 17.8 18.9 632.6 41.5 68.9 2,034.9 4th Qtr 65.9 6.7 4.0 38.3 315.9 349.5 86.9 350.7 14.6 47.8 590.1 82.8 62.3 2,015.5 1977 1st Qtr 40.5 7.7 13.2 33.3 340.9 370.9 168.2 355.1 30.5 26.5 644.8 96.5 37.5 2,165.6 Apr & May 32.7 7.9 5.3 26.7 249.6 297.0 96.2 273.8 17.3 20.0 517.7 41.0 20.2 1,605.4 Canada 1974 8.9 40.0 4.9 4.7 633.8 37.2 86.0 31.3 55.1 0 325.4 88.0 1,320.0 2,813.1 1975 1.7 20.8 25.4 14.0 745.3 131.7 108.7 35.5 77.0 6.3 733.3 138.2 1,088.0 3,125.9 1976 66.1 30.6 62.4 18.4 704.9 135.5 22.7 106.1 157.8 0 488.8 62.8 1,314.8 3,170.7 1st Qtr 19.1 3.8 11.2 2.2 211.0 30.6 6.4 51.1 85.1 0 118.3 36.0 268.2 843.0 2d Qtr 19.5 7.2 8.1 4.2 211.5 28.4 6.5 35.0 48.8 0 126.6 19.7 439.3 954.8 3d Qtr 4.4 5.0 22.8 6.0 132.5 47.9 9.8 20.0 15.9 0 141.4 7.1 302.4 715.2 4th Qtr 23.1 14.6 20.3 6.0 149.9 28.6 0 0 7.8 0 102.5 0 304.9 657.7 1977 1st Qtr 9.2 22.1 13.8 3.9 125.7 23.0 0 0 13.3 0 191.9 0 338.8 741.7 2d Qtr 11.0 15.9 0 6.4 136.5 0.1 0 0 0.1 0 167.3 0 339.5 676.8 ' Data are unadjusted. 2 Data are f.a.s. 9 Data are f.o.b. Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Approved For Releas&l2004>}1cnG1? 96Ai aA0A431A{ AQ01-9 United States' Annual Average 16,367 17,308 16,653 16,322 17,444 Jan 16,735 18,713 17,286 18,004 18,598 20,481 Feb 17,861 19,094 17,366 17,084 17,429 20,427 Mar 16,870 17,216 16,104 16,315 17,299 18,056 Apr 15,529 15,921 15,929 16,048 16,671 17,570 May 14,801 16,626 15,726 15,155 15,977 (est.) 17,252 Jun 15,615 16,481 16,117 15,610 16,836 (est.) 17,600 Jul 14,821 16,372 16,349 15,740 16,613 (est.) 17,697 Aug 15,936 17,499 16,550 15,806 16,642 (est.) 18,533 Sep 15,489 16,656 16,024 15,768 16,825 (est.) 17,885 Oct 16,455 17,202 17,050 16,377 17,052, Nov 17,610 18,492 17,351 15,777 18,847 Dec 18,738 17,538 18,013 18,185 20,506 Canada Annual Average 1,511 1,597 1,630 1,595 1,658 Jan 1,536 1,667 1,823 1,691 1,785 1,797 Feb 1,793 1,747 1,863 1,872 1,754 1,919 Mar 1,612 1,384 1,659 1,558 1,747 1,664 Apr 1,367 1,431 1,560 1,592 1,518 1,526 May 1,374 1,486 1,577 1,471 1,509 1,523 Jun 1,334 1,474 1,455 1,550 1,560 1,633 Jul 1,294 1,490 1,534 1,493 1,531 1,530 Aug 1,394 1,557 1,463 1,449 1,585 Sep 1,402 1,427 1,415 1,469 1,514: Oct 1,577 1,680 1,680 1,555 1,560 Nov 1,685 1,801 1,714 1,577 1,822 Dec 1,782 1,828 1,831 1,880 2,008. Japan Annual Average N.A. 5,000 4,872 4,568 4,786 Jan N.A. 5,036 5,103 4,729 4,941 5,428 Feb N.A. 5,352 5,664 5,191 5,246 6,019 Mar N.A. 5,306 5,407 4,918 5,165 5,540 Apr N.A. 4,737 4,706 4,202 4,526 4,713 May N.A. 4,597 4,568 4,041 4,218 4,313 Jun l N.A. N 4,776 4,520 4,135 4,429 4,480 Ju .A. 4,586 4,385 4,265 4,416 4,700 Aug N.A. 4,684 4,576 4,234 4,461 Sep N.A. 4,778 4,720 4,543 4,517 Oct N.A. 5,093 4,614 4,409 4,523 Nov N.A. 5,559 4,925 4,747 5,160 Dec N.A. 5,526 5,330 5,447 5,846 Austria Annual Average 203 227 203 199 215 Jan 189 220 236 183 207 200 Feb 221 225 220 190 208 208 Mar 212 224 160 172 209 182 Apr 183 204 169 184 156 197 May 174 210 172 156 169 166 Jun 181 200 169 186 189 208 Jul 179 221 214 210 219 192 Aug 187 222 218 223 229 213 Sep 213 227 222 232 246 Oct 227 253 243 226 233 Nov 246 276 215 201 252 Dec 230 234 203 229 261 Belgium/Luxembourg Annual Average 485 505 440 416 449 Jan 535 543 512 550 498 552 Feb 591 589 528 558 547 507 Mar 546 570 392 410 469 517 Apr 470 565 383 465 460 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Approved For Rele tM?4ff#F14nt 1AIROP7QBWP49O11IS020001-9 (Continued) Belgium/Luxembourg (Continued) May 454 483 419 363 357 Jun 464 463 376 366 383 Jul 346 359 339 288 308 Aug 367 389 352 331 361 Sep 479 465 478 372 425 Oct 484 556 534 442 424 Nov 563 558 427 439 532 Dec 530 503 542 508 628 Denmark Annual Average 301 307 Jan N.A. N.A. N.A. 332 358 370 Feb N.A. N.A. N.A. 380 398 405 Mar N.A. N.A. N.A. 317 367 362 Apr N.A. N. A. N.A. 354 307 340 May N.A. N.A. N.A. 258 242 241 Jun N.A. N.A. N.A. 257 250 236 Jul N.A. N.A. N.A. 218 184 192 Aug N.A. N.A. N.A. 264 261 293 Sep N.A. N.A. N.A. 262 274 Oct N.A. N.A. N.A. 302 280 Nov N.A. N.A. N.A. 324 356 Dec N.A. N.A. N.A. 353 414 France Annual Average 1,985 2,219 2,094 1,925 2,071 Jan 2,276 2,743 2,523 2,190 2,432 2,518 Feb 2,450 2,687 2,389 2,243 2,492 2,386 Mar 2,100 2,528 2,249 1,952 2,372 2,109 Apr 1,848 2,296 1,970 2,202 2,116 2,044 May 1,743 1,890 1,915 1,640 1,795 1,846 Jun 1,597 1,685 2,103 1,642 1,603 1,717 Jul 1,444 1,566 1,703 1,491 1,624 1,349 Aug 1,441 1,495 1,506 1,300 1,668 1,390 Sep 1,950 1,932 1,996 1,785 1,966 1,789 Oct 2,106 2,482 2,045 1,917 1,908 Nov 2,332 2,593 2,260 2,077 2,204 Dec 2,574 2,768 2,492 2,658 2,687 Italy Annual Average 1,435 1,525 1,521 1,468 1,502 Jan 1,720 1,781 1,755 1,792 1,775 1,683 Feb 1,756 1,866 1,760 1,767 1,743 1,809 Mar 1,450 1,710 1,579 1,558 1,641 1,548 Apr 1,169 1,420 1,421 1,530 1,423 1,363 May 1,138 1,285 1,349 1,174 1,253 1,252 Jun 1,101 1,255 1,314 1,289 1,236 1,324 Jul 1,175 1,303 1,368 1,234 1,355 1,233 Aug 1,129 1,255 1,287 1,105 1,372 1,135 Sep 1,450 1,462 1,527 1,465 1,592 1,682 Oct 1,650 1,610 1,569 1,679 1,464 Nov 1,702 1,551 1,580 1,448 1,393 Dec 1,899 1,698 1,753 1,600 1,779 Netherlands Annual Average 496 507 444 412 487 Jan 509 584 468 399 480 521 Feb 591 586 522 430 542 524 Mar 557 542 438 379 543 518 Apr 512 541 530 474 443 424 May 453 475 432 390 453 393 Jun 430 436 427 403 462 456 Jul 374 408 415 354 426 388 Aug 435 437 414 364 446 Sep 440 485 440 412 493 Approved For, Release 2001/04/71 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Selected OECD Countries: Trends in Inland Oil Consumption (Continued) Netherlands (Continued) Oct 515 594 472 440 469 Nov 581 503 440 419 517 Dec Annual 567 505 433 484 576 Norway Average N.A. N.A. 143 150 163 Jan N.A. N.A. 155 142 161 177 Feb N.A. N.A. 154 171 180 202 Mar N.A. N.A. 124 137 181 189 Apr N.A. N.A. 126 149 145 162 May N.A. N.A. 118 145 147 150 Jun N.A. N.A. 141 130 153 159 Jul N.A. N. A- 113 120 130 131 Aug N.A. N. A. 125 140 146 156 Sep N.A. N.A. 151 161 168 Oct N.A. N.A. 161 162 167 Nov N.A. N.A. 174 181 175 Dec Annual N.A. N.A. 180 162 197 Spain Average 471 581 626 867 744 Jan 483 539 610 720 758 740 Feb 508 568 639 682 785 727 Mar 461 564 571 625 769 660 Apr 447 537 595 688 742 634 May 444 523 620 622 685 669 Jun 472 530 608 610 714 672 Jul 457 466 630 624 755 677 Aug 462 667 617 584 685 615 Sep 477 576 636 667 734 Oct 459 669 677 713 742 Nov 500 646 653 706 780 Dec Annual 515 681 650 735 782 Sweden Average N.A. 533 490 478 529 Jan N.A. 603 521 511 565 606 Feb N.A. 555 415 547 530 600 Mar N.A. 540 427 479 539 545 Apr N.A. 506 441 532 450 499 May N.A. 524 495 392 395 466 Jun N.A. 420 464 511 410 409 Jul N.A. 387 423 362 382 377 Aug N.A. 455 463 459 483 Sep N.A. 492 516 503 571 Oct N.A. 656 553 462 585 Nov N.A. 645 568 -146 697 Dec Annual N.A. 618 581 538 740 United Kingdom Average 1,954 1,974 1,857 1,633 1,603 Jan 2,121 2,315 2,045 1,981 1,679 1,830 Feb 2,401 2,313 2,127 1,907 1,865 1,844 Mar 2,249 2,271 2,133 1,"31 1,879 1,818 Apr 2,027 2,038 1,899 1,826 1,716 1,670 May 1,851 1,939 1,704 1,482 1,417 1,546 Jun 1,745 1,697 1,545 1,416 1,416 1,454 Jul 1,519 1,637 1,531 1,322 1,346 1,302 Aug 1,527 1,615 1,513 1,208 1,276 Sep 1,703 1,727 1,663 1,501 1,477 Oct 1,959 2,150 2,049 1,707 1,544 Nov 2,194 2,258 2,108 1,723 1,750 Dec 2,132 1,906 1,983 1,821 1,869 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100 Approved For Release 2001/04/11 : CIA-RDP79BOO457AO01100020001-9 Se ected OECD Countries: Trends in Inland Oil Consumption (Continued) Annual Average 2,521 2,693 2,408 2,319 2,507 Jan 2,545 2,868 2,556 2,183 2,464 2,389 Feb 2,803 2,850 1,969 2,455 2,497 2,441 Mar 2,525 2,707 2,173 2,234 2,747 2,519 Apr 2,347 2,809 2,539 2,431 2,339 2,425 May 2,335 2,546 2,403 2,253 2,320 2,359 Jun 2,632 2,674 2,414 2,106 2,393 2,495 Jul 2,188 2,196 2,548 2,319 2,624 2,381 Aug 2,444 2,738 2,476 2,360 2,515 2,468 Sep 2,487 2,618 2,473 2,309 2,521 Oct 2,522 2,969 2,613 2,328 2,391 Nov 2,667 2,883 2,432 2,361 2,700 Dec 2,783 2,481 2,261 2,502 2,571 'Including bunkers, refinery fuel, and losses. 'Principal products only. Approved For Release 2001/04/'1 : CIA-RDP79BOO457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 1973 Sep United States 1,057,911' Japan 300,000 Canada Austria 113,193 N.A. Belgium N.A. Denmark 30,996 France 194,122 Ireland 5,555 Italy N.A. 1974 Jan 1,017,333' 275,000 125,289 7,650 35,018 25,017 174,594 5,490 N.A. Mar 995,365' 257,000 116,060 8,358 25,404 25,849 171,229 6,037 143,876 Jun 1,102,467' 325,000 N.A. 10,454 31,375 28,025 196,406 6,190 163,922 Sep 1,156,105' 359,000 148,305 9,278 37,011 34,507 238,630 6,504 177,310 Dec 1,115,916' 334,000 142,233 9,402 40,274 37,223 235,848 7,424 173,609 1975 Jan 1,099,144 330,000 136,590 9,826 40,406 33,609 230,271 7,687 147,431 Mar 1,076,360 296,000 133,805 9,220 38,902 34,595 215,365 7,439 150,124 Jun 1,071,150 314,000 140,617 10,257 36,704 34,566 203,831 7,665 169,776 Sep 1,147,338 330,000 147,939 8,913 41,420 44,238 223,942 7,599 174,010 Dec 1,132,955 325,000 138.462 7,329 40,194 40,325 195,998 7,081 N.A. 1976 Jan 2 1,102,282 308,000 128,356 6,877 38,508 39,223 182,887 6,825 N.A. Mar 1,060,489 290,000 121,490 N.A. N.A. N A. N.A. N.A. N.A. Jun 1,108,703 325,000 132,174 6,855 41,676 31,193 167,017 7,315 N.A. Sep 1,206,690 365,000 138,211 8,110 41,537 40,661 209,692 7,877 N.A. Dec 1,129,445 359,000 125,934 7,680 43,092 37,478 203,407 7,628 157,687 1977 Jan 1,064,915 364,000 126,025 7,059 43,683 36,383 192,676 7,242 155,811 Feb 1,050,507 315,000 120;857 8,358 42,880 33,544 188,347 7,271 154,322 Mar 1,086,822 327,000 125,757 9,074 42,880 33,361 183,303 7,110 151,110 Apr 1,121,008 :332,000 122,770 9,454 43,187 32,551 187,048 7,154 166,973 May 1,171,222 358,000 129,467 9,373 44,085 34,128 174,010 8,497 170,893 Jun 1,209,500 362,000 138,808 8,541 43,618 36,215 184,354 9,388 N.A. Jul 1,239,100 356,000 139,053 9,044 45,552 38,654 197,480 9,943 164,900 Aug 1,251800 361,000 N.A. N.A. N.A. N A. N.A. N.A. N.A. Sep 1,284,900 N.A. N.A. N.A. N.A. N A. N.A. N.A. N.A. Luxem- Nether- Switzer- United West 1973 Sep bourg N.A. lands N.A. Norway Portugal 8,045 7,125 Spain N.A. Sweden 43,398 land 26?,514 Turkey N.A. Kingdom 152,261 Germany 172,010 1974 Jan N.A. N.A. 8,446 5,745 40,449 37,668 25,995 N.A. 131,239 149,190 Mar N.A. N.A. 9,176 7,840 47,414 39,128 26,382 9,979 134,816 165,549 Jun N. A. N. A. 10,476 7,307 50,217 43,034 26,966 9,446 167,637 170,827 Sep N.A. N. A. 10,541 7,264 53,538 47,815 25,309 12,527 175,236 187,968 Dec N.A. 66,452 7,037 7,037 53,26] 44,749 29.638 9,345 160,593 187,938 1975 Jan 1,708 65,269 8,650 6,344 40,449 43,727 29,025 8,234 169,623 171,192 Mar 1,745 61,430 9,672 6,110 50,611 39,785 26,928 8,088 145,248 158,169 Jun 2,102 62,941 9,789 5,928 48,633 34,675 21,652 10,220 147,949 161,520 Sep 2,139 63,758 10,986 6,446 51,677 40,114 29,623 11,213 154,921 184,267 Dec 2,044 60,086 11,614 8,541 50,20] 43,180 29,762 N.A. 138,941 186,668 1976 Jan 2,015 53,195 12,410 5,533 48,728 42,742 29,200 N.A. N.A. 184,829 Mar 1,832 52,932 9,570 7,234 N.A. 37,668 27,528 N.A. N.A. 175,483 Jun 1,971 54,560 11,154 6,658 N.A. 37,194 28,587 N.A. 135,291 189,092 Sep 1,986 61,656 12,038 6,066 50,582 37,194 25,799 N.A. 140,686 201,845 Dec 2,008 56,568 12,468 8,176 N,A. 48,326 31,178 9,541 136,065 218,540 1977 Jan 2,008 53,618 12,673 9,855 61,320 45,954 32,047 8,636 133,320 217,474 Mar 1,978 53,078 9,833 7,205 66,576 40,478 31,032 7,169 124,217 211,423 Jun 2,022 58,765 12,695 7,753 67,240 46,070 33,514 10,731 129,020 219,781 Jul 2,044 62,481 12,790 7,358 67,897 46,143 34,274 N.A. 132,422 224,380 ' Estimated. 2 As of January 1977, US Bureau of Mines changed the reporting of crude oil stocks to inc.ude foreign crude oil not yet received at refineries. Figures for ].976 and 1977 have been computed on the new basis. Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Estimated OECD Oil Consumption' Million b/d 1973 43.2 37.6 36.8 42.4 1974 39.6 35.9 36.3 39.0 1975 37.9 34.2 34.2 37.6 1976 39.9 35.7 36.2 41.1 1977 42.5 37.1 ' Excluding Australia and New Zealand, and including US refinery gain. F.O.B. Rotterdam' F.O.B. ItalyI Heavy Fuel Oil Heavy Fuel Oil 1% Sulfur 3.5% Sulfur Gas Oil Gasoline (Premium) 1% Sulfur 3.5% Sulfur Gas Oil Gasoline (Premium) 1974 1st Qtr 14.02 12.77 15.13 19.76 13.87 12.88 13.95 19.26 2d Qtr 10.15 9.70 11.77 19.61 9.90 9.35 10.93 18.77 3d Qtr 9.87 9.24 12.34 13.92 9.61 9.23 11.96 13.15 4th Qtr 11.09 10.11 12.33 13.26 10.29 9.96 11.68 12.08 1975 1st Qtr 11.97 10.49 11.18 14.20 10.57 10.24 11.10 13.23 2d Qtr 10.61 9.68 12.90 15.95 10.40 10.16 12.24 15.28 3d Qtr 9.33 8.62 14.40 15.02 8.81 8.30 13.87 14.64 4th Qtr 9.53 8.33 14.84 15.85 8.99 8.38 14.56 15.24 1976 1st Qtr 10.39 9.84 13.79 17.10 9.95 9.65 13.59 16.48 2d Qtr 10.40 9.56 14.08 19.24 10.18 9.73 13.90 18.30 3d Qtr 11.06 9.99 14.40 18.02 10.34 10.06 14.19 17.37 4th Qtr 12.07 10.76 14.57 17.44 11.64 10.85 14.48 16.83 1977 1st Qtr 13.25 11.71 15.80 16.82 13.53 12.06 15.89 16.56 2d Qtr 12.51 10.77 15.74 17.26 12.25 10.88 15.71 16.48 3d Qtr 12.47 11.33 15.67 16.60 12.42 11.29 15.70 15.87 Oct 12.57 11.58 15.60 16.51 12.54 11.64 15.62 15.58 'Barge lot-minimum 3,500 barrels. 'Cargo lot-minimum 130,000 barrels. Approved For Release 2001/04/1 : CIA-RDP79B00457AO01100020001-9 Selected Developed Countries: Retail Petroleum Produce Prices Approved For Release 200.1/04/11 ? CIA-RD P79 MDA57AO- && ~$~0n Regular Premium Gasoline Gasoline Diesel Fuel United States 1973 Oct 40 12 44 12 23 12 1974 Jan 46 12 50 12 32 12 Jun 55 12 59 12 36 12 1975 Jan 53 12 57 12 50 12 Jun 57 12 61 12 51 12 1976 Jan 58 12 63 12 52 12 Jun 59 12 64 12 52 12 1977 Jan 60 12 65 12 54 12 Jun 63 12 69 12 57 12 Jul 63 12 69 12 57 12 Japan 1973 Oct 88 39 105 39 48 21 1974 Jan 115 39 133 39 54 21 Jun 137 47 155 47 71 21 1975 Jan 152 47 170 47 78 21 Jun 155 47 172 47 82 21 1976 Jan 156 47 174 47 86 21 Jun 157 47 175 47 93 27 1977 Jan 167 59 185 59 93 27 Jun 167 59 185 59 88 25 West Germany 1973 Oct 112 81 124 82 112 76 1974 Jan 137 83 149 84 139 79 Jun 137 83 149 84 139 79 1975 Jan 129 84 140 84 137 76 Jun 129 84 143 84 137 76 1976 Jan 141 84 151 85 141 79 Jun 144 84 154 85 141 79 1977 Jan 144 84 154 84 141 79 Jun 141 84 150 86 140 79 Sep 140 84 149 86 140 79 France' 1973 Oct 95 65 103 69 66 39 1974 Jan 123 69 133 73 79 41 Jun 123 69 133 73 79 41 1975 Jan 129 73 139 77 88 38 Jun 129 73 139 77 85 46 1976 Jan 134 75 145 80 95 47 Jun 134 76 149 80 95 48 1977 Jan 159 97 171 103 99 48 Jun 167 101 180 108 109 54 Sep 167 101 180 108 109 54 United Kingdom 1973 Oct 51 32 53 32 51 32 1974 Jan 55 32 57 32 55 32 Jun 76 39 79 39 78 39 1975 Jan 100 39 104 39 79 39 Jun 100 39 104 39 78 39 1976 Jan 107 54 109 53 88 39 Jun 107 54 109 54 88 39 1977 Jan 112 55 115 56 111 52 Jun 119 64 122 64 120 59 Sep 109 55 112 55 120 59 Italy' 1973 Oct 75 56 79 58 41 26 1974 Jan 81 57 85 59 48 27 Jun 105 69 111 70 58 27 1975 Jan 122 83 128 87 58 27 Jun 122 83 128 87 60 28 1976 Jan 128 84 134 87 62 27 Jun 164 107 171 110 70 29 1977 Jan 205 147 213 153 72 29 Jun 205 148 213 153 66 19 Sep 205 148 213 153 66 19 Canada' 1973 Oct 44 17 48 17 48 23 1974 Jan 44 17 48 17 48 23 Jun 51 17 55 17 55 23 1975 Jan 52 17 56 17 56 23 Jun 54 17 58 17 56 23 1976 Jan 66 25 70 25 61 31 Jun 66 25 70 25 62 31 1977 Jan 70 25 74 25 65 31 Mar 72 25 76 25 68 31 Including tax. 2 Government price ceilings in effect. Toronto prices. NOTE: Converted at 28 March 1977 exchange rates. Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79BOO457AO01100020001-9 4th Qtr 1975 1976 1st Qtr 1977 2d Qtr 1977 July 1977 Operating Company Cost Direct Sales Price Operating Company Cost Direct Sales Price Operating Company Cost Direct Sales Price Operating Company Cost Direct Sales Price Operating Company Cost Direct Sales Price OPEC averages 11.41 11.75 11.48 11.77 12.45 12.74 12.46 12.76 12.70 13.02 Saudi Arabia Light 34? API 1.70% sulfur 11.27 11.51 11.27 11.51 11.84 12.09 11.84 12.09 12.45 12.70 Berri 39? API 1.16% sulfur 11.62 11.87 11.62 11.87 12.22 12.48 12.22 12.48 12.95 13.22 Heavy 27? API 2.85% sulfur 10.90 11.14 10.85 11.08 11.13 11.37 11.13 11.37 11.77 12.02 Medium 31? API 2.40% sulfur 11.09 11.33 11.07 11.30 11.44 11.69 11.44 11.69 12.07 12.32 Iran Light 34? API 1.35% sulfur 11.40 11.62 11.40 11.62 12.59 12.81 12.59 12.81 12.59 12.81 Heavy 31? API 1.60% sulfur 11.28 11.50 11.15 11.37 12.27 12.49 12.27 12.49 12.27 12.49 Iraq 35? API 1.95% sulfur 11.21 11.43 11.46 11.46 12.62 12.62 12.60 12.60 12.60 12.60 Nigeria 34? API 0.16% sulfur 12.11 12.51 12.64 12.93 13.91 14.22 14.17 14.52 14.17 14.52 UAE 39? API 0.75% sulfur 11.62 11.92 11.62 11.92 12.08 12.50 12.08 12.50 12.73 13.26 Kuwait 31? API 2.50% sulfur' 11.15 11.30 11.11 11.26 12.22 12.37 12.22 12.37 12.22 12.37 Libya 40? API 0.22% sulfur 12.08 12.32 12.21 12.47 13.68 13.92 13.68 13.92 13.92 14.20 Venezuela 26? API 1.52% sulfur 11.19 N.A. 11.13 11.33 12.52 12.72 12.52 12.72 12.52 12.72 Indonesia 35? API 0.09% sulfur 10.65 12.80 11.10 12.80 12.15 13.55 12.15 13.55 12.15 13.55 Algeria 42? API 0.10% sulfur 12.62 12.75 13.01 13.01 14.29 14.29 14.29 14.29 14.45 14.45 Qatar 40? API 1.17% sulfur 11.54 11.85 11.54 11.85 12.88 13.19 12.88 13.19 12.88 13.19 Gabon 29? API 1.26% sulfur 10.29 11.55 10.45 11.55 11.23 12.60 11.23 12.60 11.23 12.60 Ecuador 28? API 0.93% sulfur 10.81 11.46 10.81 11.46 N. A. 13.00 N. A. 13.00 N.A. 13.00 Total average f.o.b. costs paid by present or former concessionaires. ' F.o.b. prices set by the government for direct sales and, in most cases, for the producing company buy-back oil. ' Weighted by the volume of production. A 10-cent-per-barrel discount will be offered to buyers provided they meet their minimum contractual lifting volumes for second half 1977. The discount will be credited to the lifting companies' accounts beginning in first quarter 1978. Approved For Release 2001/04/'1 : CIA-RDP79BOO457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Million b/d 1970 1971 1972 1973 1974 1975 1976 1977 Jan Feb Mar Apr May Jun Jul Aug 7.06 7.54 8.01 8.58 9.18 9.82 10.37 10.64 10.69 1.0.83 10.85 10.86 10.93 10.95 10.97 Total 7.06 7.54 8.01 8.58 9. 18 9.82 10.4 Urals-Volga 4.17 4.23 4.31 4.40 4.44 4.50 4.5 West Siberia 0.63 0.90 1.25 1.75 2.33 2.96 3.6 Central Asia 0.58 0.66 0.71 0.76 0.79 0.81 0.8 Azerbaydzhan SSR 0.40 0.38 0.37 0.36 0.36 0.34 0.3 North Caucasus 0.68 0.72 0.69 0.59 0.53 0.47 0.4 Ukrainian SSR 0.27 0.28 0.28 0.27 0.25 0.23 0.2 Komi ASSR 0.11 0.12 0.13 0.13 0.14 0.14 0.2 Belorussia SSR 0.08 0.11 0.12 0.14 0.16 0.16 0.2 Far East 0.05 0.05 0.05 0.05 0.05 0.04 Negl. Other 0.09 0.09 0.10 0.13 0.13 0.17 0.1 ' Including natural gas liquids. Preliminary. Total 90 130 180 290 110 150 128 Middle East Egypt 40 40 20 4 3 5 3 Iraq 0 0 80 220 78 108 116 other 50 90 80 66 29 37 9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Total 1,920 2,110 2,140 2,380 2,340 2,600 2,970 Other Communist countries 1,010 1,110 1,200 1,350 1,440 1,550 1,680 Eastern Europe 805 895 975 1,100 1,180 1,260 1,370 Asia 30 25 20 20 30 40 40 Cuba 120 130 140 150 155 160 175 Yugoslavia 55 60 65 80 75 90 95 Free World countries 910 1,000 940 1,030 900 1,050 1,290 North America 5 0 10 30 20 15 23 Canada 0 0 0 0 3 5 2 United States 5 0 10 30 17 10 21 Western Europe 760 830 815 880 750 880 1,102 Finland 155 170 170 200 180 175 190 France 50 90 60 105 30 70 117 Italy 205 180 170 175 135 135 240 Netherlands 30 35 50 65 60 60 53 Sweden 95 90 90 65 60 70 55 West Germany 125 120 125 115 125 150 145 Other 100 145 150 155 160 220 302 Near and Middle East 60 60 50 30 30 45 56 Egypt 30 32 30 7 4 5 5 Greece 20 20 18 16 20 38 40 Other 10 8 2 7 6 2 11 Africa 25 30 35 35 23 20 23 Ghana 10 12 13 12 6 3 5 Morrocco 14 17 19 19 13 13 13 Other 1 1 3 4 4 4 5 Asia 60 80 30 55 52 60 65 India 5 10 8 10 20 25 22 Japan 54 66 20 41 25 26 35 Other 1 4 2 4 7 9 8 Latin America 0 0 0 0 25 30 21 Brazil 0 0 0 0 25 30 21 1970 5.15 1971 5.46 1972 5.92 1973 6.33 1974 6.79 1975 7.20 1976 7.55 Approved For Release 2001/04/'1 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 USSR: Natural Gas Production Million cm/d 1970 542.3 1971 581.9 1972 604.9 1973 647.5 1974 713.8 1975 792.6 1976 876.0 1977 Jan 958.1 Feb 971.4 Mar 958.1 Apr 933.3 May 912.9 Jun 903.3 Jul 900.0 Aug 909.7 Total 542.3 581.9 604.9 647.5 713.8 792.6 876.0 Central Asia 131.7 148.1 162.8 196.0 226.0 260.0' 285.6 Ukrainian SSR 166.8 177.0 184.1 186.6 187.2 188.21 187.7 North Caucasus 104.8 99.1 82.1 70.8 68.0 65.1 60.0' West Siberia 26.5 26.5 31.1 45.0 67.7 103.0 131.1 Komi ASSR 17.0 27.5 36.4 38.2 46.7 50.71 53.6 Azerbaydzhan SSR 15.0 15.9 18.7 22.9 24.9 27.1 ' 30.1 Urals-?Voga and other produc- ing regions in the RSFSR 80.5 87.8 89.7 88.0 93.3 98.5' 127.9 'Revised. 2 Preliminary. 3 Estimate based on average rate of decline during 1970-75. Exports 9.0 12.5 13.9 18.7 38.5 53.0 70.4 Eastern Europe 6.4 8.6 9.4 13.3 23.4 31.0 36.7 Bulgaria 0 0 0 0 0.8 3.2 6.1 Czechoslovakia 3.7 4.5 5.3 6.5 8.9 10.1 11.7 East Germany 0 0 0 2.1 7.9 9.1 9.2 Hungary 0 0 0 0 0 1.7 2.7 Poland 2.7 4.1 4.1 4.7 5.8 6.9 7.0 Western Europe 2.6 3.9 4.5 5.4 15.1 22.0 33.7 Austria 2.6 3.9 4.5 4.4 5.8 5.1 7.6 Finland 0 0 0 0 1.2 2.0 2.4 France 0 0 0 0 0 0 2.7 Italy 0 0 0 0 2.2 6.4 10.1 West Germay 0 0 0 1.0 5.9 8.5 10.9 Imports 9.7 22.3 30.2 31.3 32.7 34.0 32.2 Afghanistan 7.1 6.9 7.8 7.5 7.8 7.8 6.8 Iran 2.6 15.4 22.4 23.8 2.4.9 26.2 25.4 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Production Bulgaria Czechoslovakia East Germany Hungary Poland Romania Yugoslavia Consumption Bulgaria Czechoslovakia East Germany Hungary Poland Romania Yugoslavia 1970 1971 1972 1973 1974 1975 1976 543.0 591.7 621.2 660.1 708.0 773.6 837.8 384 393 404 410 417 7 6 5 4 3 4 4 4 3 3 1 1 1 1 1 39 39 40 40 40 8 8 7 8 11 268 276 283 286 290 57 59 64 68 69 1,236 1,385 1,525 1,797 1,822 179 208 218 244 262 207 236 256 294 308 191 209 272 293 297 128 145 163 179 186 170 192 214 266 259 207 227 239 270 276 154 168 163 251 234 423 429 2 2 3 2 1 1 40 43 11 9 292 294 74 78 1,977 N.A. 284' N.A. 330' N.A. 332' N.A. 204 N.A. 280 N.A. 310' N.A. 237 N.A. Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/1gastG&AUPcDP$9B0W457A001100020001-9 Thousand b/d Crude Oil' 1970 1971 1972 1973 1974 1975 1976 (Est.) Imports 879 1,013 1,171 1,401 1,445 1,542 1,732 USSR 679 800 921 1,044 1,118 1,242 1,337 OPEC 102 117 107 233 270 260 385 Iraq 40 53 28 53 86 125 102 Iran 62 64 71 94 63 72 12 Algeria 0 0 6 0 5 14 0 Libya 0 Negl. 2 0 4 9 10 Kuwait 0 0 0 4 0 15 0 Other OPEC 0 0 0 821 1122 25' 2611 Other Non-OPEC 98 96 143 124 57 40 10 Belgium 0 0 0 0 6 4 0 West Germany 0 0 0 6 4 0 0 Netherlands 0 0 0 0 2 11 0 Syria Negl. 0 7 3 Negl. 0 0 France 0 7 1 0 0 0 0 Other Petroleum products 98 89 135 115 45 25 10 Imports 166 153 159 177 180 160 162 Bulgaria 58 51 47 47 48 34 35 Czechoslovakia 22 20 21 25 27 21 25 East Germany 2 4 11 2 2 3 3 Hungary 19 16 14 20 21 19 21 Poland 48 45 47 61 60 63 64 Yugoslavia 17 17 19 22 22 20 14 Exports 201 182 220 204 236 243 298 Czechoslovakia 15 18 20 13 10 15 17 East Germany 26 20 47 48 58 57 55 Hungary 18 10 13 13 10 11 11 Poland 26 21 34 27 24 32 54 Romania 107 107 102 99 129 124 157 Yugoslavia 9 6 4 4 5 4 4 Crude oil exports are negligible. 1 Including data that cannot be distributed by country of origin. Eastern Europe: Natural Gas Production and Consumption 1970 1971 1972 1973 1974 1975 1976 Production 100.09 110.27 121.00 132.76 137.03 144.04 155.89 Bulgaria 1.30 0.90 0.60 0.61 0.49 0.30 0.10 Czechoslovakia 3.30 3.35 3.19 2.85 2.67 2.55 2.69 East Germany 3.38 7.82 13.85 19.21 21.18 19.92' 19.00 Hungary 9.50 10.15 11.26 13.21 13.96 14.20 16.66 Poland 14.20 14.75 15.95 16.51 15.72 16.34 18.35 Romania 65.73 70.15 72.75 76.73 79.05 86.49 94.36 Yugoslavia 2.68 3.15 3.40 3.64 3.96 4.24 4.73 Consumption 106.71 118.80 130.09 145.88 160.26 175.04 ' 193.52 Bulgaria 1.30 0.90 0.60 0.61 1.33 3.55 6.21 Czechoslovakia 6.78 7.56 8.23 9.11 11.49 12.92 15.42 East Germany 3.82 8.12 13.85 21.37 28.96 28.761 28.21 1 Hungary 10.05 10.72 11.81 13.76 14.51 16.41 19.97 Poland 16.95 18.83 20.06 21.19 21.52 23.22 25.27 ' Romania 65.18 69.60 72.20 76.20 78.48 85.941 85.39 Yugoslavia 2.63 3.07 3.34 3.64 3.96 4.24 4.73 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 Imports Bulgaria Czechoslovakia East Germany Hungary Poland Exports Czechoslovakia Romania Yugoslavia 7.46 9.50 0 0 3.72 4.55 0.44 0.30 0.55 0.57 2.75 4.08 0.84 0.97 0.24 0.34 0.55 0.55 0.05 0.08 10.02 0 5.36 Negl. 0.55 4.11 0.93 0.32 0.55 0.06 13.92 0 6.53 2.16 0.55 4.68 0.80 0.27 0.53 Negl. 23.89 0.84 8.92 7.78 0.55 5.80 0.66 0.10 0.56 0 31.65' 38.28' 3.25 6.11 10.47 12.73 8.84 9.21 2.21 3.31 6.88 6.92 0.65' 0.65' 0.10 0.10' 0.55' 0.55' 0 0 Crude Oil Production 570 730 860 1,090 1,310 1,490 1,670 Crude Oil Consumption 500 630 740 920 1,030 1,300 1,500 Oil Trade Crude Exports Japan' 0 0 0 20 80 164 136 Philippines' 0 0 0 0 2.8 10.0 10.0 Thailand ' 0 0 0 0 0 5.0 0 Product Exports North Korea 10 10 10 5 5 5 5 Thailand ' 0 0 0 0 0 0 6.2 Vietnam 20 20 20 8 9 11 11 Approved For Release 2001/04/ 1 : CIA-RDP79B00457AO01100020001-9 650 copies Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 ER IOD International Energy Biweekly Review SECRET (#1-#460; ;#611-#650) Copy No. . ~A& J192 Recipient 33 App oveFhelease Mr. Zbigniew Brzezinski, Ass't to the President Mr. A. Denis Clift, Ass't to the Vice President Col. William Odom, c/o White House Sit. Room D CI DDCI NFAC Registry D/OER DD/OER EXO/ER & SA/ER SA/ER for review) D/SA/ER { O/SA/ER 25X1 C -7 7 Ch/D/I DCh/D/I Ch/D/D DCh/D/D Ch/D/S Ch/D/C Ch/D/U; DCh/ D/U; External Internal Dissem via Distribution Section/P&PD P&PD to return extra copies 20 @W79BO 7A001100020001-9 ? Approved For Release 2001/04/11 :.CIA-RDP79B00457A001100020001-9 ER YOD L51? :10 . ._ _ __ Copy NO L (12 cys (3 cys) (2 cys) (2 cys) 1393 3//h?-39o *1 Recipient q Ob-e -7 -7. Copy to be annotated via St/P ;o,~. 6/ St"/P St/P/A DAC I/IE I/WE I/JP I/AM D/ED D/LA D/NE D/SA S/IT S/TM S/TA C/CH C /IN C/RE U/I&R U/EE U /SE U/TD ~0 A APQ t Q~ 9x9 - 3 - Approved For Release 2001/04/11 : CIA-RDP79B00457A001100020001-9 ERIOD . ' O L?- 6 61V Copy No. Ally (4 cys) i'~--? !/- (2 cys) Recipient Ch/PPG PPG/PDB (they will pick up) PPG/TPB (they will pick up) CIA Operations Center, Rm. 7F33, Hq. OSI/NED, Rm. 5G48, Hq. (1 copy of Survey for STATINTL Lawrence Livermore Lab. , Lawrence, Calif. Attn: for Mr. Robert Olsei TATINTL OSI/NED/Nuclear Programs Branch, Rm. 5G48, Hq. Ch/CRG CRG/PDB CRG/Editorial CRG/WE CRG /USSR /EE CRG/ME/AF CRG/WH CRG/OER NFAC/CL, Rm. 2E49, Hq. Rm. 2E 19, Hq. (for USUN Mission -- must be handcarried Approved For Release 2901/04/11 : CIA-RDP79B00457A001100020001-9 - 4 - Approved For Release 2001/04/11 : CIA-RDP79B00457AO01100020001-9 _Ld1~~~ ~~& V Copy No. Recipient via PPG Registry **via Rm. GSATa INN. ~-~ STATINTL LJ/-- STATINTL for James Ammerman, Treasury Rep. cys>Lj,y (2 cys) "1/39 The Hon. Thomas 0. Enders, Amb. to Canada voA (2 cys) (2 cys) (3 cys) for Amb. Vanden Heuvel (put a priority sticker on the publications) CIA Rep. SAC STATINTL )Q