Bakhtiari On Middle East Oil Reserves

February 20, 2006

Reprinted from the February 20, 2006 ASPO USA newsletter

It is now common knowledge that the lion's share of remaining conventional oil reserves is concentrated in the Middle East (ME). All major reserves' assessors agree on this crucial point, as shown in Table 1 below.

Table 1. Middle East's share of global conventional oil reserves

Assessor	Middle East's share of worldwide oil reserves
Oil & Gas Journal (1)	57.5%
BP Statistical Review (2)	61.7%
Dr. Colin Campbell (3)	51.8%

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