U.S. forecast OPEC revenue increase in 2010

Oil&Gas Materials 14 January 2009 12:24 (UTC +04:00)

Azerbaijan, Baku, Jan. 14 / Trend , A.Badalova /

The U.S. Energy Information Agency (EIA) says OPEC's income will increase $139 billion to $256 billion in 2010 compared to $387 billion in 2009.

In January-December 2008, OPEC's income from oil export was $972 billion. The figure jumped 42 percent from 2007. Most of the revenue was from Saudi Arabia.

This year, OPEC's income will fall $585 billion, EIA said.

Oil deliveries in 2009 will hit 35.04 million barrels per day compared to 35.75 million barrels in 2008. Deliveries will jump by 1.57 million per day to 26.61 million in 2010.

The EIA is part of the U.S. Statistics Agency. The department was established in 1977.

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