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Oil production in middle east

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Oil production in middle east

  1. 2. <ul><li>Greetings </li></ul><ul><li>Oil discovery </li></ul><ul><li>How people deal with oil </li></ul><ul><li>Uses of oil </li></ul><ul><li>How oil will be in future </li></ul><ul><li>Conclusion </li></ul><ul><li>Sources </li></ul>
  2. 3. <ul><li>oil was foun d in Iran in 1901 </li></ul><ul><li>British government helped Iran to find Oil reserves </li></ul><ul><li>After Iran many countries started drilling to find Oil </li></ul><ul><li>Iraq started drilling in 1928 and Bahrain in 1932 </li></ul><ul><li>All these countries shared their Oil with Britain </li></ul>
  3. 4. <ul><li>How people dealt with oil depended on their knowledge </li></ul><ul><li>Uses of oil were simple </li></ul><ul><li>Before the distillation process discovered, people did not know how to deal with oil </li></ul><ul><li>Wasted oil on silly things </li></ul>
  4. 5. XX HFVHV
  5. 9. <ul><li>Uses of oil improved after discovering oil derivatives </li></ul><ul><li>Useful derivatives include gas and kerosene </li></ul><ul><li>Now main source of energy and basic fuel for transportation </li></ul>
  6. 11. <ul><li>Non-renewable resource </li></ul><ul><li>Current consumption estimated at 3.5 billion tons per year </li></ul><ul><li>Rate of decline of oil production = 14% in future </li></ul><ul><li>Middle East = largest oil reserves </li></ul><ul><li>Diversification of income sources = right solution to provide 0il </li></ul>
  7. 13. <ul><li>* </li></ul><ul><li>* </li></ul><ul><li>* </li></ul>