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- Persian Gulf- One of the Most Strategic Waterways in the World due to its Importance in World Oil Transportation.
Persian Gulf- One of the Most Strategic Waterways in the World due to its Importance in World Oil Transportation.
- By Oil and Gas Author
- Published 09/4/2006
- Crude Oil Petroleum , Natural Gas Petroleum , Exploration and Discoveries , Liquefied Natural Gas LNG , Offshore Drilling , Petroleum Pipeline
- Unrated
In 2003, Persian Gulf countries had estimated net Oil exports of 17.2 million bbl/d of oil.Saudi Arabia exported the most oil of any Persian Gulf country in 2003, with an estimated 8.40 million bbl/d (49% of the total). Also, Iran had estimated net exports of about 2.6 million bbl/d (15%), followed by the United Arab Emirates (2.4 million bbl/d -- 14%), Kuwait (2.0 million bbl/d -- 12%), Iraq (0.9 million bbl/d -- 9%), Qatar (0.9 million bbl/d -- 5%), and Bahrain (0.01 million bbl/d -- 0.1%).
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Persian Gulf- One of the Most Strategic Waterways in the World due to its Importance in World Oil Transportation.
