Oil reserves still left in the G-7 countries today : 29.0 billion barrels, i.e. finished until 2004.
Source : Report of the Congressional Research Service from 1995
US - 23.0 / Canada - 5.0 / UK - 12.0, which gives a G-7 total in 1995 of 40.0
Other NATO countries : Norway 9.4.
Since 1995 (4.5 years), assuming the production levels of 1995, 20.4 of them are gone, i.e. (2.3 United States + 0.64 Canada + 0.91 Norway + 0.91
United Kingdom) * 4.5
#2: Caspian Sea oil - the dream is gone
A major factor to explain the dramatical acceleration in the course of events in Kosovo are the latest results of prospection in the Caspian Sea : the
expectations it would be a (reborn) Eldorado proved to be wrong. Western Oil consortiums are leaving the area after gigantic investments with no
After 1994, as the first consortium, AIOC, was created, fifteen more followed afterwards. Some facts about the current situation :
the Pennzoil lead consortium decided, January 1999, to stop its activities, after the three drills, specified in the contract, failed.
three failed drills are the results of the BP Amoco lead Consortium. Their retreat has also been already decided.
the only consortium producing at the moment is AIOC, but using the fields already producing at the Soviet Union period.
currently only one consortium is prospect drilling.
Azerbaijan produced in 1998, 9 million tons of crude (less than in 1991).
"Why did the conspirators need to act now ?", was posted the first time to the CNN board, May 23, 1999 - start at