Monday, July 27, 2009

Where is the oil?

Of the 10 countries with the world’s largest proven oil reserves, three – Saudi Arabia, Kuwait and Abu Dhabi – lie on the Arabian Peninsula. Saudi Arabia, with reserves of approximately 170 billion barrels, accounts for 25 percent of the world’s total.

Oil fills deep subterranean pools along the eastern portion of the Arabian Peninsula and under the Arabian Gulf. The greatest concentration occurs within Saudi Arabia. The kingdom has not only the world’s largest reserves of oil, but its largest field – Ghawar, 150 miles long and 25 miles wide. Some of Saudi Arabia’s oil still flows through Ras Tanura, from which it was first shipped 50 years ago.

Source: Library of Nations, Arabian Peninsula. Alexandria: Time-Life Books.

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