Foreword

OPEC Secretary General

It is an honour to introduce the 53rd edition of the Annual Statistical Bulletin (ASB). First published in 1965, the ASB, one of OPEC's flagship publications, has experienced tremendous improvement over the years in both content and quality, along with growing popularity.

Over the decades, the ASB has been a useful reference tool for analysts and academics, policymakers and industry specialists. It is an important source of information that benefits a variety of oil industry stakeholders, and makes available important and useful data about the global oil and gas industry worldwide.

In publishing the ASB, OPEC continues to strive to ensure greater data transparency. This has long been one of OPEC's key objectives. The increased dissemination of information about the oil and gas industry and its many stakeholders enables the Organization to fulfil its commitment to contribute to market stability through the enhanced sharing of data.

In this spirit, the ASB provides key statistical data for all of OPEC's 14 Member Countries — Algeria, Angola, Ecuador, Equatorial Guinea, Gabon, Islamic Republic of Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates and Venezuela. In addition to providing information about other non-OPEC oil producing countries, it also brings together data on exports, imports, production, refineries and shipping.

As in previous years, the 2018 edition of the ASB is available in various formats. These include a print edition, a PDF version and an interactive online version, which includes historical time-series data going back to 1960. In addition, there is a SmartApp version which is freely available for iOS and Android devices.

The ASB is the product of numerous months of hard and labour-intensive work involving analysts, researchers and statisticians, both at the OPEC Secretariat and our Member Countries. It is through such collaborative efforts that the Organization continues to ensure the sharing of data. Because of this achievement, I would like to express my appreciation to the staff at the OPEC Secretariat — and all the colleagues and other officials in our Member Countries — for their continuous hard work to make this publication possible.

Mohammad Sanusi Barkindo
OPEC Secretary General