> you've got a stash of oil there perhaps bigger than is under
> Saudi Arabia, and you've got those young needy former Soviet
> republics that desperately want cash.
I believe that is overstating the situation by quite a bit.
According to the DOE EIA country analysis brief (based on
Russian estimates), Afghanistan's oil reserves stand at
~95 million barrels. That isn't worth sneezing at.
The total proven oil reserves for the entire Caspian Sea region
are 17-34 billion barrels (comparable to the U.S. (22 BB) or
the North Sea (17 BB). Estimates of "potential" reserves
range from 70-200 BB, these are fairly uncertain (see the Rand
So Afghanistan is a drop in the bucket and the entire central
Asian region, while nothing to sneeze at is dwarfed by Saudi
Arabia (> 250 BB) and Iraq (> 100 BB).
According to the BBC article (below), oil reserves are:
Saudi Arabia: 260 BB
Iraq: 110 BB
UAE: 95 BB
Kuwait: 95 BB
Iran: 92 BB
Venezuela: 66 BB
Russia: 49 BB
Mexico: 27 BB
China: 24 BB
U.S.A.: 23 BB
Kazakhstan: 14 BB
Norway: 10 BB
So it is going to take a *lot* of discovery in the Central Asia
region to balance off Middle East reserves/supplies.
(this discusses problems of getting oil out of central Asia).
This archive was generated by hypermail 2b30 : Sat May 11 2002 - 17:44:16 MDT