Explanatory Notes

 

 

Include selected projects in development and advance planning stage, and other assumptions

Excludes projects in early stage of development/negotiation which require relative significant infrastructure

Plans assume projects go as planned

Iraq assumption: 2 mb/d in 2007, 2.4 mb/d in 2008, 2.6 mb/d in 2009 and 2.8 mb/d in 2010

Required OPEC crude based on world oil demand, non-OPEC supply growth assumptions, and OPEC NGL

Historical data based on average for the year using average of secondary sources

 

 

Capacity plans for OPEC 10; estimate represents end of year

 

Projects include selected projects in development and advance planning stage, and other assumptions

 

Excludes projects in early stage of development/negotiation which require relative significant infrastructure

 

Plans assume projects go as planned

 

Gross addition refers to incremental expansion

 

Excludes Orimulsion

 

Iraq assumption: 2 mb/d until 2007, 2.4 mb/d in 2008, 2.6 m/b in 2009 and 2.8 mb/d in 2010

 

Estimated future demand for OPEC crude based on demand, non-OPEC supply growth assumptions, and OPEC NGLs plans

 

 

 

 

 

 

Historical data based on average for the year using average of secondary sources