SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Bush-The Mastermind behind 9/11?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Raymond Duray who wrote (5440)2/26/2004 3:30:58 AM
From: GUSTAVE JAEGER  Read Replies (1) of 20039
 
Re: 1) Proven Reserves.

Iraq..............112 Billion Barrels

West Africa....34 Billion Barrels

Check again... The Gulf of Guinea alone has proven reserves in excess of 60 billion barrels --and counting:

news.bbc.co.uk
Excerpt:

Mr Kansteiner said the US was looking at providing Sao Tome with patrol boats to improve its maritime and customs controls, and would be expanding co-operation in other areas.

Even if a military base is now discounted, there is no doubt that the US is increasingly interested in the 60 billion barrels of proven oil reserves in the Gulf of Guinea.

That figure is less than Saudi Arabia's 250 billion of reserves.

But west African oil is nearer to the United States and causes fewer political problems.

Oil industry sources say they confidently expect important deep water discoveries to boost the potential of big players like Nigeria and potential newcomers like tiny Sao Tome.
____________________________________

Now add to that Nigeria's reserves:

Nigeria's current production lies around 2.0m b/d, with an OPEC output quota of 1.8m b/d, and proven oil reserves estimated at 25bn b. As I mentioned before, through enhanced investment, the Government plans to increase its reserves to 40bn in 2010.

opec.org

Grand Total: 85 billion barrels.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News