Html june 19 2008 41 ifri f harbo the european gas

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Unformatted text preview: ssessment by the International Atomic Energy Agency (IAEA).51 Renewable energy sources have increased in the last few years, although fossil fuels dominate energy consumption. Renewable sources will increase their share of total energy consumption from 8% in 2003 to 9% in 2030. This is what the world consumes, being aware at the same time that 80% of world greenhouse gas (GHG) emissions come from energy consumption. What is important to note is that there is no agreement about reserves. Figure 4 shows world oil reserves today. Norway is the last one on this list. Figure 4. World oil reserves Source: US Geological Service, 2007. Available on: <>. 51 United Nations Radio. Available on: <> - June 19, 2008. 41 © Ifri F. Harbo / The European Gas and Oil Market According to the BP Statistical Review of World Energy,52,the figures and the ranking of oil producers, in billions of barrels, are as follows: Saudi Arabia: 262.7 (22.1%), Iran: 132.5 (11.1%), Iraq: 115 (9.7%), Kuwait: 99 (8.3%), United Arab Emirates: 97.8...
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