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OPEC members' oil export amounts to 23.18 mln bpd in 2011

Oil&Gas Materials 18 July 2012 18:11 (UTC +04:00)

Azerbaijan, Baku, July 18 / Trend A. Badalova /

OPEC countries' oil export amounted to 23.18 million barrels per day in 2011 which is 0.3 percent more than in 2010, OPEC Annual Statistical Bulletin says.

OPEC share in world oil export amounted to 60.1 percent in 2011 compared to 60.6 percent in 2010.

According to the report, OPEC daily oil production averaged 30.12 million barrels in 2011 conpared to 27.6 million barrels in 2010.

Oil consumption in OPEC countries amounted to 8.26 million barrels per day which is 2 percent more than in 2010.

OPEC Members' values of petroleum exports amounted to $1.078 trillion in 2011 which is 40 percent ,ore than the revenues in 2010.

According to the report, OPEC reference basket averaged $107 per barrel last year.

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