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Bahrain
(Last Updated: March 2008)
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Bahrain's oil sector accounts for about two-thirds of total government revenues.
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Iran
(Last Updated: October 2007)
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Iran is OPEC's second largest oil producer and holds 10 percent of the world's proven oil reserves. It also has the world's second largest natural gas reserves (after Russia).
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Iraq
(Last Updated: August 2007)
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Iraq is estimated to hold 115 billion barrels of proven oil reserves, and possibly much more undiscovered oil in unexplored areas of the country. Iraq also is estimated to contain at least 112 trillion cubic feet of natural gas. The country is a focal point for regional and oil security issues.
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Kuwait
(Last Updated: November 2006)
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Kuwait contains 99.0 billion barrels of proven oil reserves (including its share of the Neutral Zone), or roughly 8% of the world's total oil reserves.
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Oman
(Last Updated: April 2007)
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Oman is a significant non-OPEC oil exporter, although production has declined in recent years.
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Qatar
(Last Updated: May 2007)
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Qatar contains the third largest natural gas reserves and the largest non-associated gas field in the world. Qatar is also emerging as a major exporter of liquefied natural gas. An OPEC member, Qatar exported more than 1 million barrels per day of liquids in 2004.
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Saudi Arabia
(Last Updated: August 2008)
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Saudi Arabia is the largest oil producer of the Organization of the Petroleum Exporting Countries (OPEC). With approximately one-fifth of the world's proven oil reserves and some of the lowest production costs, Saudi Arabia is expected to remain the world's largest net oil exporter in the near and long-term.
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Syria
(Last Updated: March 2008)
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Syria is the only significant oil producer in the Eastern Mediterranean region, although production has been in decline since the mid-1990s. Syria produces and consumes only modest quantities of energy, it occupies a strategic location in terms of regional security and prospective energy transit routes.
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United Arab Emirates
(Last Updated: July 2007)
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The UAE holds the fifth largest proven oil reserves in the Middle East and the fifth largest proven natural gas reserves in the world.
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Yemen
(Last Updated: October 2007)
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Yemen, a small non-OPEC oil producer, is important to world energy markets because of its oil and natural gas resources and strategic location on the Bab el-Mandab strait, one of the world's most active shipping lanes.
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