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MA_775_DIABLO [31]
2 years ago
14

because of large reserves that center around the persian gulf, the middle east often produces as much as two-thrids of the water

's supply of
History
1 answer:
Mashutka [201]2 years ago
7 0

Because of large reserves that center around the Persian Gulf, the middle east often produces as much as two-thirds of the water supply of Petroleum.

<h3>Petroleum production in the Middle East </h3>
  • About 27% of the world's oil output comes from the Middle East, which is home to five of the top 10 oil-producing nations.
  • Although a large portion of the world's oil is produced by state-owned firms, a large number of foreign oil corporations participate in Middle Eastern oil production and associated operations through joint ventures, production-sharing agreements, and other business models.
  • Under the direction of the Supreme Petroleum Council of the emirate, the Abu Dhabi National Oil Company (ADNOC) oversees oil production activities in Abu Dhabi.
  • At around 3.2 million barrels per day, Iran is the ninth-largest oil producer in the world, but the consequences of economic sanctions have maintained production levels below true capacity.
  • ADNOC and foreign oil corporations have production-sharing agreements in place for the majority of Abu Dhabi's oil production.

To learn more about Petroleum refer to:

brainly.com/question/4147953

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