Last update 4/9/2010
Net oil exporters peaked in 2005
SAUDI ARABIA
Saudi Aramco’s crude oil exports have peaked in 2005 at 2,622 million barrels and declined by 21.4% to 2,061 mb in 2009. Refined products and natural gas liquids (NGL) exports have also peaked in 2005 and then declined by 25.8 % and 4.1% respectively. Most of the decline happened between 2008 and 2009. More details can be found in this post:
http://www.crudeoilpeak.com/?p=1738
IRAN
The IEA Medium Term Oil Market Report 2010
http://www.iea.org/W/bookshop/add.aspx?id=397
estimates that Iran’s oil production capacity will decline by around 700 Kb/d by 2015. On the basis of current production levels, domestic oil consumption continuing to grow as in the past (young population 67 million) and all other factors being equal (e.g. exchange rate and economic growth) this means Iran’s oil exports will be half by 2015. More details are in this post: