The 2000-2005 World Outlook for Petrol (Strategic Planning Series)

www.icongroupedition.com �2002 Icon Group Ltd.

The 2000-2005 World Outlook for Petrol

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About Icon Group Ltd.

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Table of Contents 1 INTRODUCTION 9

1.1 Overview 9 1.2 Market Potential Estimation Methodology 9 1.3 The Worldwide Market Potential for Petrol 11

2 AFRICA: PETROL 12 2.1 Executive Summary 12 2.2 Algeria 14 2.3 Angola 14 2.4 Benin 15 2.5 Botswana 15 2.6 Burkina Faso 16 2.7 Burundi 16 2.8 Cameroon 17 2.9 Cape Verde 17 2.10 Central African Republic 18 2.11 Chad 18 2.12 Comoros 19 2.13 Congo (formerly Zaire) 19 2.14 Djibouti 20 2.15 Egypt 20 2.16 Equatorial Guinea 21 2.17 Eritrea 21 2.18 Ethiopia 22 2.19 Gabon 22 2.20 Ghana 23 2.21 Guinea 23 2.22 Guinea-Bissau 24 2.23 Ivory coast 24 2.24 Kenya 25 2.25 Lesotho 25 2.26 Liberia 26 2.27 Libya 26 2.28 Madagascar 27 2.29 Malawi 27 2.30 Mali 28 2.31 Mauritania 28 2.32 Mauritius 29 2.33 Morocco 29 2.34 Mozambique 30 2.35 Namibia 30 2.36 Niger 31 2.37 Nigeria 31

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2.38 Republic of Congo 32 2.39 Rwanda 32 2.40 Sao Tome E Principe 33 2.41 Senegal 33 2.42 Sierra Leone 34 2.43 Somalia 34 2.44 South Africa 35 2.45 Sudan 35 2.46 Swaziland 36 2.47 Tanzania 36 2.48 The Gambia 37 2.49 Togo 37 2.50 Tunisia 38 2.51 Uganda 38 2.52 Zambia 39 2.53 Zimbabwe 39

3 ASIA: PETROL 40 3.1 Executive Summary 40 3.2 Bangladesh 42 3.3 Bhutan 42 3.4 Brunei 43 3.5 Burma 43 3.6 Cambodia 44 3.7 China 44 3.8 Hong Kong 45 3.9 India 45 3.10 Indonesia 46 3.11 Japan 46 3.12 Laos 47 3.13 Macau 47 3.14 Malaysia 48 3.15 Maldives 48 3.16 Mongolia 49 3.17 Nepal 49 3.18 North Korea 50 3.19 Papua New Guinea 50 3.20 Philippines 51 3.21 Seychelles 51 3.22 Singapore 52 3.23 South Korea 52 3.24 Sri Lanka 53 3.25 Taiwan 53 3.26 Thailand 54 3.27 Vietnam 54

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4 EUROPE: PETROL 55 4.1 Executive Summary 55 4.2 Albania 57 4.3 Andorra 57 4.4 Austria 58 4.5 Belarus 58 4.6 Belgium 59 4.7 Bosnia and Herzegovina 59 4.8 Bulgaria 60 4.9 Croatia 60 4.10 Cyprus 61 4.11 Czech Republic 61 4.12 Denmark 62 4.13 Estonia 62 4.14 Finland 63 4.15 France 63 4.16 Georgia 64 4.17 Germany 64 4.18 Greece 65 4.19 Hungary 65 4.20 Iceland 66 4.21 Ireland 66 4.22 Italy 67 4.23 Kazakhstan 67 4.24 Latvia 68 4.25 Liechtenstein 68 4.26 Lithuania 69 4.27 Luxembourg 69 4.28 Macedonia 70 4.29 Malta 70 4.30 Moldova 71 4.31 Monaco 71 4.32 Netherlands 72 4.33 Norway 72 4.34 Poland 73 4.35 Portugal 73 4.36 Romania 74 4.37 Russia 74 4.38 Serbia and Montenegro 75 4.39 Slovakia 75 4.40 Slovenia 76 4.41 Spain 76 4.42 Sweden 77 4.43 Switzerland 77

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4.44 Ukraine 78 4.45 United Kingdom 78

5 LATIN AMERICA: PETROL 79 5.1 Executive Summary 79 5.2 Argentina 80 5.3 Belize 81 5.4 Bolivia 81 5.5 Brazil 82 5.6 Chile 82 5.7 Colombia 83 5.8 Costa Rica 83 5.9 Ecuador 84 5.10 El Salvador 84 5.11 Guatemala 85 5.12 Guyana 85 5.13 Honduras 86 5.14 Mexico 86 5.15 Nicaragua 87 5.16 Panama 87 5.17 Paraguay 88 5.18 Peru 88 5.19 Suriname 89 5.20 Uruguay 89 5.21 Venezuela 90

6 NORTH AMERICA & THE CARIBBEAN: PETROL 91 6.1 Executive Summary 91 6.2 Antigua and Barbuda 92 6.3 Bahamas 93 6.4 Barbados 93 6.5 Bermuda 94 6.6 Canada 94 6.7 Cuba 95 6.8 Dominica 95 6.9 Dominican Republic 96 6.10 Grenada 96 6.11 Haiti 97 6.12 Jamaica 97 6.13 Martinique 98 6.14 Netherlands Antilles 98 6.15 St. Kitts and Nevis 99 6.16 St. Lucia 99 6.17 St. Vincent and the Grenadines 100 6.18 Trinidad and Tobago 100

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6.19 United States 101 7 OCEANA: PETROL 102

7.1 Executive Summary 102 7.2 American Samoa 103 7.3 Australia 104 7.4 Fiji 104 7.5 Kiribati 105 7.6 Marshall Islands 105 7.7 Micronesia Federation 106 7.8 Nauru 106 7.9 New Zealand 107 7.10 Palau 107 7.11 Solomon Islands 108 7.12 Tonga 108 7.13 Tuvalu 109 7.14 Vanuatu 109

8 THE MIDDLE EAST: PETROL 110 8.1 Executive Summary 110 8.2 Afghanistan 112 8.3 Armenia 112 8.4 Azerbaijan 113 8.5 Bahrain 113 8.6 Iran 114 8.7 Iraq 114 8.8 Israel 115 8.9 Jordan 115 8.10 Kuwait 116 8.11 Kyrgyzstan 116 8.12 Lebanon 117 8.13 Oman 117 8.14 Pakistan 118 8.15 Qatar 118 8.16 Saudi Arabia 119 8.17 Syrian Arab Republic 119 8.18 Tajikistan 120 8.19 Turkey 120 8.20 Turkmenistan 121 8.21 United Arab Emirates 121 8.22 Uzbekistan 122 8.23 Yemen 122

9 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS 123 9.1 Disclaimers & Safe Harbor 123 9.2 Icon Group Ltd. User Agreement Provisions 124

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1 INTRODUCTION

1.1 OVERVIEW The liberalization of markets has lead to record levels of international investments. Icon Group’s primary mission is to assist international managers to better plan and implement strategies in a global economy. It does so by providing various specialized industry reports, databases, publications and services to its clients. This report is one of many published by Icon Group Ltd. to assist executives and planners in monitoring and analyzing world markets. In addition to industry-specific studies, Icon Group Ltd.’s reports cover human resources management, export strategies, investment strategies, entry & marketing strategies, political and economic risk assessments and legal trends (e.g., intellectual property, licensing, and corruption). This report covers the world outlook for petrol across 235 countries. For each year reported, the estimates are given for the latent demand for the country in question. Icon Group uses a number of proprietary econometric models which project economic changes within each country and across countries. From there, market potential estimates are created. The units used in this report are: million US $. As shown in the report, the market potential for petrol is expected to reach $884,671.10 million by 2005. The distribution of the world market, however, will not be evenly distributed across regions. Europe will be the largest market with $279,528.81 million or 31.60 percent, followed by North America & the Caribbean with $224,459.62 million or 25.37 percent, and then Asia with $196,368.54 million or 22.20 percent of the world market. In essence, if a firm targets these top 3 regions, they cover come 79.17 percent of the world wide demand for petrol.

1.2 MARKET POTENTIAL ESTIMATION METHODOLOGY Icon Group uses a number of methodologies to create market potential estimates for products and services across markets, whether at the level of a region, country, or city. In this report, two modelling approaches are used. The first involves modelling the economic fundamentals of each market over time. This is based on standard models of economic growth (e.g. focussing on growth of income, or gross domestic product per capita). The second approach is more subtle. The second approach involves collecting information on the market size or market potential for the particular product or service in question, typically in national currency, and translating these into a common currency. Icon Group uses the U.S. dollar as its common currency across markets. For some categories and markets, basic demand indicators are reported in national statistics, as is mostly the case for the United States and other developed markets. In most of the world’s 230 countries, however, few statistics are available. For these, Icon Group uses econometric models to estimate these markets, and forecast these over time. As true for all

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forward-looking economic forecasts, certain critical assumptions must be made. Two types of assumptions are made for the models used in this report. The first type covers the socio-economic and global environment. In essence, Icon Group assumes that dynamics seen in the past are likely to continue in the future, without major discontinuous changes. For example, if a city, country or region has not seen civil strife, major recessions, or substantial foreign exchange or currency changes, this is assumed to be the case over the forecast period. Likewise, the worldwide demand is foreseen to progress in a fashion similar to that seen in historical figures, based on aggregated data collected at the national level. The extent to which these assumptions are violated in the future will surely affect the accuracy of the forecasts presented here. The second type of assumption is of greater importance, especially for those markets where insufficient local information is reported in the public domain, or in markets where there is higher uncertainty. Here, we use cross-country econometric models of demand, often called a cross-sectional pooled time series models with varying parameters. In simple terms, we assume an underlying consumption function that is allowed to vary over time and across geographic markets. Economists have long proposed various consumption functions. These include John Maynard Keynes, Simon Kuznets, Irving Fisher, Franco Modigliani, Albert Ando, Richard Brumberg, and Milton Friedman. Across these, and other authors, the consumption of a product (as opposed to the amount produced) is foreseen to vary depending on a number of local factors and the time frame that one considers (short-, medium- and long-run). In general, the variance of the market potential across markets is foreseen to be a function of variances in income, wealth, interest rates, expected future income, and a variety of exogenous factors, including geography and culture. Icon Group forecasts primarily rely on non-cultural economic factors in modelling cross-market demand, for a given product or service. We also model the market potential using a consumption function which assumes a constant average propensity to consume in the long run (i.e. as incomes rise, average consumption rates do not fall, as earlier argued by Keynes). Once the cross-market model of demand is specified, it is combined with the local economic models described above. As in all econometric exercises, the lack of local market figures in the public domain results in estimation errors. Furthermore, many intervening factors may arise over time that can materially affect the accuracy of the forecasts, including changes in local economic conditions, changes in political regimes, improvements in primary data, and currency fluctuations, among other factors. As the estimates and forecasts reported here are forward-looking and subject to assumption-induced errors, you are asked to read the caveats and disclaimers at the end of this report.

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1.3 THE WORLDWIDE MARKET POTENTIAL FOR PETROL Worldwide Market Potential for Petrol (million US $): 2000

Region Latent Demand million US $ % of Globe _________________________________________________________________________________________________________ Europe 222,271 30.1 North America & the Caribbean 206,797 28.0 Asia 166,149 22.5 Latin America 48,560 6.6 Middle East 46,201 6.2 Africa 34,309 4.6 Oceana 15,005 2.0 Total 739,292 100.0 _________________________________________________________________________________________________________

Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com

Worldwide Market Potential for Petrol (million US $): 2000

Europe

North America & the Caribbean

Asia

Latin America

Other

World Market for Petrol: 1995 - 2005

Year World Market million US $ _________________________________________________________________________________________________________ 1995 654,277.31 1996 687,635.59 1997 703,344.90 1998 705,859.53 1999 723,149.98 2000 744,616.01 2001 768,986.77 2002 795,180.77 2003 823,090.99 2004 852,866.64 2005 884,671.10 _________________________________________________________________________________________________________


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2 AFRICA: PETROL

2.1 EXECUTIVE SUMMARY Market Potential for Petrol in Africa (million US $): 2000

Country Latent Demand million US $ % of Africa _________________________________________________________________________________________________________ Tunisia 2,314 6.63% Cameroon 2,256 6.46% Sudan 1,807 5.18% Ivory coast 1,707 4.89% Angola 1,579 4.52% Kenya 1,572 4.50% Congo (formerly Zaire) 1,540 4.41% Nigeria 1,454 4.16% Algeria 1,247 3.57% Tanzania 1,136 3.25% Morocco 1,124 3.22% Ghana 1,099 3.14% Ethiopia 1,058 3.03% Zimbabwe 1,036 2.96% Senegal 983 2.81% Uganda 949 2.72% Egypt 914 2.62% Gabon 874 2.50% Libya 790 2.26% Botswana 607 1.73% Zambia 579 1.66% Burkina Faso 528 1.51% Madagascar 505 1.44% Guinea 476 1.36% South Africa 459 1.31% Other 5,714 17.89% Total 34,309 100.00% _________________________________________________________________________________________________________


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Market Potential for Petrol in Africa (million US $): 2000

Tunisia

CameroonSudan

Ivory coast

Other

The Market for Petrol in Africa: 1995 - 2005

Year million US $ % of Globe _________________________________________________________________________________________________________ 1995 31,888.42 4.87 1996 33,965.79 4.94 1997 34,633.16 4.92 1998 34,248.34 4.85 1999 34,444.04 4.76 2000 34,878.73 4.68 2001 35,967.17 4.68 2002 37,207.26 4.68 2003 38,499.58 4.68 2004 39,846.54 4.67 2005 41,250.67 4.66 _________________________________________________________________________________________________________


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2.2 ALGERIA Petrol (million US $): Algeria 1995 - 2005

Year Algeria % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,274 3.99% 0.19% 1996 1,482 4.36% 0.21% 1997 1,512 4.36% 0.21% 1998 1,248 3.64% 0.17% 1999 1,223 3.55% 0.16% 2000 1,247 3.57% 0.16% 2001 1,272 3.53% 0.16% 2002 1,297 3.48% 0.16% 2003 1,322 3.43% 0.16% 2004 1,349 3.38% 0.15% 2005 1,375 3.33% 0.15% _________________________________________________________________________________________________________


2.3 ANGOLA Petrol (million US $): Angola 1995 - 2005

Year Angola % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,441 4.51% 0.22% 1996 1,525 4.49% 0.22% 1997 1,560 4.50% 0.22% 1998 1,566 4.57% 0.22% 1999 1,568 4.55% 0.21% 2000 1,579 4.52% 0.21% 2001 1,638 4.55% 0.21% 2002 1,708 4.59% 0.21% 2003 1,781 4.62% 0.21% 2004 1,856 4.65% 0.21% 2005 1,935 4.69% 0.21% _________________________________________________________________________________________________________


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2.4 BENIN Petrol (million US $): Benin 1995 - 2005

Year Benin % of Region % of Globe _________________________________________________________________________________________________________ 1995 328 1.02% 0.00% 1996 344 1.01% 0.00% 1997 349 1.00% 0.00% 1998 347 1.01% 0.00% 1999 345 1.00% 0.00% 2000 345 0.99% 0.00% 2001 360 1.00% 0.00% 2002 379 1.01% 0.00% 2003 398 1.03% 0.00% 2004 418 1.04% 0.00% 2005 440 1.06% 0.00% _________________________________________________________________________________________________________


2.5 BOTSWANA Petrol (million US $): Botswana 1995 - 2005

Year Botswana % of Region % of Globe _________________________________________________________________________________________________________ 1995 515 1.61% 0.00% 1996 554 1.63% 0.00% 1997 575 1.66% 0.00% 1998 586 1.71% 0.08% 1999 596 1.73% 0.00% 2000 607 1.73% 0.00% 2001 623 1.73% 0.00% 2002 640 1.71% 0.08% 2003 658 1.70% 0.00% 2004 676 1.69% 0.00% 2005 694 1.68% 0.00% _________________________________________________________________________________________________________


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2.6 BURKINA FASO Petrol (million US $): Burkina Faso 1995 - 2005

Year Burkina Faso % of Region % of Globe _________________________________________________________________________________________________________ 1995 482 1.51% 0.00% 1996 511 1.50% 0.00% 1997 522 1.50% 0.00% 1998 524 1.53% 0.07% 1999 525 1.52% 0.00% 2000 528 1.51% 0.00% 2001 548 1.52% 0.00% 2002 572 1.53% 0.00% 2003 596 1.54% 0.00% 2004 621 1.55% 0.07% 2005 648 1.57% 0.00% _________________________________________________________________________________________________________


2.7 BURUNDI Petrol (million US $): Burundi 1995 - 2005

Year Burundi % of Region % of Globe _________________________________________________________________________________________________________ 1995 175 0.54% 0.00% 1996 186 0.54% 0.00% 1997 192 0.55% 0.00% 1998 194 0.56% 0.00% 1999 195 0.56% 0.00% 2000 198 0.56% 0.00% 2001 204 0.56% 0.02% 2002 211 0.56% 0.00% 2003 219 0.56% 0.00% 2004 227 0.56% 0.00% 2005 235 0.57% 0.00% _________________________________________________________________________________________________________


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2.8 CAMEROON Petrol (million US $): Cameroon 1995 - 2005

Year Cameroon % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,952 6.12% 0.29% 1996 2,090 6.15% 0.30% 1997 2,162 6.24% 0.30% 1998 2,194 6.40% 0.31% 1999 2,222 6.45% 0.30% 2000 2,256 6.46% 0.30% 2001 2,322 6.45% 0.30% 2002 2,395 6.43% 0.30% 2003 2,471 6.41% 0.30% 2004 2,549 6.39% 0.29% 2005 2,629 6.37% 0.29% _________________________________________________________________________________________________________


2.9 CAPE VERDE Petrol (million US $): Cape Verde 1995 - 2005

Year Cape Verde % of Region % of Globe _________________________________________________________________________________________________________ 1995 47 0.14% 0.00% 1996 50 0.14% 0.00% 1997 51 0.14% 0.00% 1998 51 0.14% 0.00% 1999 51 0.14% 0.00% 2000 51 0.14% 0.00% 2001 53 0.14% 0.00% 2002 56 0.14% 0.00% 2003 58 0.15% 0.00% 2004 61 0.15% 0.00% 2005 64 0.15% 0.00% _________________________________________________________________________________________________________


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2.10 CENTRAL AFRICAN REPUBLIC Petrol (million US $): Central African Republic 1995 - 2005

Year Central African Republic % of Region % of Globe _________________________________________________________________________________________________________ 1995 194 0.60% 0.00% 1996 206 0.60% 0.00% 1997 210 0.60% 0.00% 1998 211 0.61% 0.00% 1999 211 0.61% 0.02% 2000 212 0.60% 0.00% 2001 220 0.61% 0.00% 2002 230 0.61% 0.00% 2003 240 0.62% 0.00% 2004 250 0.62% 0.00% 2005 261 0.63% 0.02% _________________________________________________________________________________________________________


2.11 CHAD Petrol (million US $): Chad 1995 - 2005

Year Chad % of Region % of Globe _________________________________________________________________________________________________________ 1995 196 0.61% 0.00% 1996 208 0.61% 0.03% 1997 212 0.61% 0.03% 1998 213 0.62% 0.00% 1999 213 0.61% 0.00% 2000 215 0.61% 0.00% 2001 223 0.61% 0.00% 2002 232 0.62% 0.00% 2003 242 0.62% 0.00% 2004 253 0.63% 0.02% 2005 263 0.63% 0.00% _________________________________________________________________________________________________________


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2.12 COMOROS Petrol (million US $): Comoros 1995 - 2005

Year Comoros % of Region % of Globe _________________________________________________________________________________________________________ 1995 45 0.14% 0.00% 1996 48 0.14% 0.00% 1997 50 0.14% 0.00% 1998 51 0.14% 0.00% 1999 52 0.15% 0.00% 2000 53 0.15% 0.00% 2001 54 0.15% 0.00% 2002 56 0.14% 0.00% 2003 57 0.14% 0.00% 2004 59 0.14% 0.00% 2005 60 0.14% 0.00% _________________________________________________________________________________________________________


2.13 CONGO (FORMERLY ZAIRE) Petrol (million US $): Congo (formerly Zaire) 1995 - 2005

Year Congo (formerly Zaire) % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,199 3.76% 0.18% 1996 1,315 3.87% 0.19% 1997 1,390 4.01% 0.19% 1998 1,442 4.21% 0.20% 1999 1,493 4.33% 0.20% 2000 1,540 4.41% 0.20% 2001 1,561 4.33% 0.20% 2002 1,577 4.23% 0.19% 2003 1,593 4.13% 0.19% 2004 1,609 4.03% 0.18% 2005 1,626 3.94% 0.18% _________________________________________________________________________________________________________


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2.14 DJIBOUTI Petrol (million US $): Djibouti 1995 - 2005

Year Djibouti % of Region % of Globe _________________________________________________________________________________________________________ 1995 69 0.21% 0.00% 1996 75 0.22% 0.00% 1997 79 0.22% 0.00% 1998 81 0.23% 0.01% 1999 83 0.24% 0.00% 2000 85 0.24% 0.00% 2001 87 0.24% 0.00% 2002 89 0.23% 0.00% 2003 90 0.23% 0.00% 2004 92 0.23% 0.00% 2005 93 0.22% 0.00% _________________________________________________________________________________________________________


2.15 EGYPT Petrol (million US $): Egypt 1995 - 2005

Year Egypt % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,138 3.56% 0.17% 1996 1,076 3.16% 0.15% 1997 979 2.82% 0.13% 1998 898 2.62% 0.12% 1999 899 2.61% 0.12% 2000 914 2.62% 0.12% 2001 931 2.58% 0.12% 2002 949 2.55% 0.11% 2003 968 2.51% 0.11% 2004 989 2.48% 0.11% 2005 1,012 2.45% 0.11% _________________________________________________________________________________________________________


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2.16 EQUATORIAL GUINEA Petrol (million US $): Equatorial Guinea 1995 - 2005

Year Equatorial Guinea % of Region % of Globe _________________________________________________________________________________________________________ 1995 23 0.00% 0.00% 1996 24 0.00% 0.00% 1997 24 0.06% 0.00% 1998 24 0.00% 0.00% 1999 23 0.00% 0.00% 2000 23 0.06% 0.00% 2001 24 0.06% 0.00% 2002 26 0.00% 0.00% 2003 27 0.00% 0.00% 2004 29 0.00% 0.00% 2005 31 0.00% 0.00% _________________________________________________________________________________________________________


2.17 ERITREA Petrol (million US $): Eritrea 1995 - 2005

Year Eritrea % of Region % of Globe _________________________________________________________________________________________________________ 1995 63 0.19% 0.00% 1996 65 0.19% 0.00% 1997 66 0.18% 0.00% 1998 64 0.18% 0.00% 1999 63 0.18% 0.00% 2000 62 0.17% 0.00% 2001 66 0.18% 0.00% 2002 70 0.18% 0.00% 2003 75 0.19% 0.00% 2004 79 0.19% 0.00% 2005 84 0.20% 0.00% _________________________________________________________________________________________________________


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2.18 ETHIOPIA Petrol (million US $): Ethiopia 1995 - 2005

Year Ethiopia % of Region % of Globe _________________________________________________________________________________________________________ 1995 936 2.93% 0.14% 1996 998 2.93% 0.14% 1997 1,027 2.96% 0.14% 1998 1,038 3.02% 0.14% 1999 1,046 3.03% 0.14% 2000 1,058 3.03% 0.14% 2001 1,093 3.03% 0.14% 2002 1,132 3.04% 0.14% 2003 1,173 3.04% 0.14% 2004 1,215 3.05% 0.14% 2005 1,259 3.05% 0.14% _________________________________________________________________________________________________________


2.19 GABON Petrol (million US $): Gabon 1995 - 2005

Year Gabon % of Region % of Globe _________________________________________________________________________________________________________ 1995 760 2.38% 0.11% 1996 813 2.39% 0.11% 1997 840 2.42% 0.11% 1998 852 2.48% 0.12% 1999 862 2.50% 0.11% 2000 874 2.50% 0.11% 2001 900 2.50% 0.11% 2002 930 2.49% 0.11% 2003 960 2.49% 0.11% 2004 991 2.48% 0.11% 2005 1,024 2.48% 0.11% _________________________________________________________________________________________________________


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2.20 GHANA Petrol (million US $): Ghana 1995 - 2005

Year Ghana % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,027 3.22% 0.15% 1996 1,081 3.18% 0.15% 1997 1,100 3.17% 0.15% 1998 1,099 3.20% 0.15% 1999 1,095 3.17% 0.15% 2000 1,099 3.14% 0.14% 2001 1,144 3.18% 0.14% 2002 1,198 3.22% 0.15% 2003 1,255 3.26% 0.15% 2004 1,315 3.29% 0.15% 2005 1,377 3.33% 0.15% _________________________________________________________________________________________________________


2.21 GUINEA Petrol (million US $): Guinea 1995 - 2005

Year Guinea % of Region % of Globe _________________________________________________________________________________________________________ 1995 435 1.36% 0.00% 1996 460 1.35% 0.00% 1997 471 1.35% 0.00% 1998 472 1.37% 0.00% 1999 473 1.37% 0.00% 2000 476 1.36% 0.00% 2001 494 1.37% 0.00% 2002 515 1.38% 0.00% 2003 537 1.39% 0.00% 2004 560 1.40% 0.00% 2005 584 1.41% 0.00% _________________________________________________________________________________________________________


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2.22 GUINEA-BISSAU Petrol (million US $): Guinea-Bissau 1995 - 2005

Year Guinea-Bissau % of Region % of Globe _________________________________________________________________________________________________________ 1995 28 0.00% 0.00% 1996 30 0.00% 0.00% 1997 32 0.00% 0.00% 1998 32 0.00% 0.00% 1999 33 0.00% 0.00% 2000 34 0.00% 0.00% 2001 35 0.00% 0.00% 2002 35 0.00% 0.00% 2003 36 0.00% 0.00% 2004 37 0.00% 0.00% 2005 38 0.00% 0.00% _________________________________________________________________________________________________________


2.23 IVORY COAST Petrol (million US $): Ivory coast 1995 - 2005

Year Ivory coast % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,596 5.00% 0.24% 1996 1,680 4.94% 0.24% 1997 1,710 4.93% 0.24% 1998 1,708 4.98% 0.24% 1999 1,702 4.94% 0.23% 2000 1,707 4.89% 0.22% 2001 1,777 4.94% 0.23% 2002 1,862 5.00% 0.23% 2003 1,950 5.06% 0.23% 2004 2,043 5.12% 0.23% 2005 2,140 5.18% 0.24% _________________________________________________________________________________________________________


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2.24 KENYA Petrol (million US $): Kenya 1995 - 2005

Year Kenya % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,470 4.60% 0.22% 1996 1,548 4.55% 0.22% 1997 1,575 4.54% 0.22% 1998 1,573 4.59% 0.22% 1999 1,568 4.55% 0.21% 2000 1,572 4.50% 0.21% 2001 1,637 4.55% 0.21% 2002 1,715 4.60% 0.21% 2003 1,796 4.66% 0.21% 2004 1,882 4.72% 0.22% 2005 1,971 4.77% 0.22% _________________________________________________________________________________________________________


2.25 LESOTHO Petrol (million US $): Lesotho 1995 - 2005

Year Lesotho % of Region % of Globe _________________________________________________________________________________________________________ 1995 172 0.53% 0.02% 1996 176 0.51% 0.00% 1997 174 0.50% 0.00% 1998 169 0.49% 0.00% 1999 164 0.47% 0.02% 2000 161 0.46% 0.00% 2001 171 0.47% 0.00% 2002 184 0.49% 0.00% 2003 198 0.51% 0.00% 2004 213 0.53% 0.00% 2005 229 0.55% 0.00% _________________________________________________________________________________________________________


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2.26 LIBERIA Petrol (million US $): Liberia 1995 - 2005

Year Liberia % of Region % of Globe _________________________________________________________________________________________________________ 1995 161 0.50% 0.00% 1996 174 0.51% 0.00% 1997 181 0.52% 0.00% 1998 186 0.54% 0.00% 1999 190 0.55% 0.00% 2000 194 0.55% 0.00% 2001 198 0.55% 0.00% 2002 203 0.54% 0.00% 2003 208 0.53% 0.00% 2004 212 0.53% 0.00% 2005 217 0.52% 0.00% _________________________________________________________________________________________________________


2.27 LIBYA Petrol (million US $): Libya 1995 - 2005

Year Libya % of Region % of Globe _________________________________________________________________________________________________________ 1995 724 2.27% 0.11% 1996 751 2.21% 0.10% 1997 756 2.18% 0.10% 1998 778 2.27% 0.11% 1999 786 2.28% 0.10% 2000 790 2.26% 0.10% 2001 794 2.20% 0.10% 2002 798 2.14% 0.10% 2003 803 2.08% 0.00% 2004 807 2.02% 0.00% 2005 811 1.96% 0.00% _________________________________________________________________________________________________________


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2.28 MADAGASCAR Petrol (million US $): Madagascar 1995 - 2005

Year Madagascar % of Region % of Globe _________________________________________________________________________________________________________ 1995 446 1.39% 0.00% 1996 476 1.40% 0.00% 1997 490 1.41% 0.00% 1998 495 1.44% 0.00% 1999 499 1.44% 0.00% 2000 505 1.44% 0.00% 2001 521 1.44% 0.00% 2002 540 1.45% 0.00% 2003 560 1.45% 0.00% 2004 580 1.45% 0.00% 2005 601 1.45% 0.06% _________________________________________________________________________________________________________


2.29 MALAWI Petrol (million US $): Malawi 1995 - 2005

Year Malawi % of Region % of Globe _________________________________________________________________________________________________________ 1995 324 1.01% 0.00% 1996 335 0.98% 0.00% 1997 336 0.96% 0.00% 1998 330 0.96% 0.00% 1999 324 0.93% 0.00% 2000 321 0.91% 0.00% 2001 338 0.93% 0.00% 2002 359 0.96% 0.00% 2003 382 0.99% 0.04% 2004 407 1.02% 0.00% 2005 433 1.04% 0.00% _________________________________________________________________________________________________________


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2.30 MALI Petrol (million US $): Mali 1995 - 2005

Year Mali % of Region % of Globe _________________________________________________________________________________________________________ 1995 400 1.25% 0.00% 1996 428 1.25% 0.00% 1997 441 1.27% 0.00% 1998 446 1.30% 0.00% 1999 450 1.30% 0.00% 2000 456 1.30% 0.00% 2001 470 1.30% 0.00% 2002 487 1.30% 0.00% 2003 504 1.30% 0.00% 2004 521 1.30% 0.00% 2005 539 1.30% 0.06% _________________________________________________________________________________________________________


2.31 MAURITANIA Petrol (million US $): Mauritania 1995 - 2005

Year Mauritania % of Region % of Globe _________________________________________________________________________________________________________ 1995 168 0.52% 0.00% 1996 178 0.52% 0.00% 1997 182 0.52% 0.00% 1998 183 0.53% 0.00% 1999 183 0.53% 0.00% 2000 185 0.52% 0.00% 2001 191 0.53% 0.00% 2002 200 0.53% 0.00% 2003 208 0.54% 0.00% 2004 217 0.54% 0.02% 2005 226 0.54% 0.02% _________________________________________________________________________________________________________


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2.32 MAURITIUS Petrol (million US $): Mauritius 1995 - 2005

Year Mauritius % of Region % of Globe _________________________________________________________________________________________________________ 1995 377 1.18% 0.00% 1996 401 1.18% 0.00% 1997 413 1.19% 0.00% 1998 418 1.21% 0.00% 1999 421 1.22% 0.00% 2000 426 1.22% 0.00% 2001 440 1.22% 0.00% 2002 456 1.22% 0.00% 2003 472 1.22% 0.05% 2004 489 1.22% 0.00% 2005 507 1.22% 0.00% _________________________________________________________________________________________________________


2.33 MOROCCO Petrol (million US $): Morocco 1995 - 2005

Year Morocco % of Region % of Globe _________________________________________________________________________________________________________ 1995 841 2.63% 0.12% 1996 943 2.77% 0.13% 1997 1,001 2.89% 0.14% 1998 1,051 3.06% 0.14% 1999 1,088 3.15% 0.15% 2000 1,124 3.22% 0.15% 2001 1,162 3.23% 0.15% 2002 1,201 3.22% 0.15% 2003 1,242 3.22% 0.15% 2004 1,285 3.22% 0.15% 2005 1,330 3.22% 0.15% _________________________________________________________________________________________________________


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2.34 MOZAMBIQUE Petrol (million US $): Mozambique 1995 - 2005

Year Mozambique % of Region % of Globe _________________________________________________________________________________________________________ 1995 223 0.69% 0.00% 1996 242 0.71% 0.00% 1997 254 0.73% 0.00% 1998 261 0.76% 0.00% 1999 268 0.77% 0.00% 2000 275 0.78% 0.00% 2001 280 0.77% 0.00% 2002 285 0.76% 0.00% 2003 291 0.75% 0.00% 2004 296 0.74% 0.00% 2005 301 0.73% 0.00% _________________________________________________________________________________________________________


2.35 NAMIBIA Petrol (million US $): Namibia 1995 - 2005

Year Namibia % of Region % of Globe _________________________________________________________________________________________________________ 1995 282 0.88% 0.00% 1996 295 0.86% 0.00% 1997 299 0.86% 0.00% 1998 297 0.86% 0.00% 1999 294 0.85% 0.00% 2000 294 0.84% 0.00% 2001 307 0.85% 0.00% 2002 323 0.86% 0.00% 2003 341 0.88% 0.00% 2004 359 0.89% 0.00% 2005 378 0.91% 0.00% _________________________________________________________________________________________________________


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2.36 NIGER Petrol (million US $): Niger 1995 - 2005

Year Niger % of Region % of Globe _________________________________________________________________________________________________________ 1995 409 1.28% 0.00% 1996 429 1.26% 0.00% 1997 434 1.25% 0.00% 1998 431 1.25% 0.00% 1999 427 1.23% 0.00% 2000 426 1.22% 0.00% 2001 446 1.23% 0.00% 2002 469 1.26% 0.00% 2003 494 1.28% 0.00% 2004 521 1.30% 0.00% 2005 548 1.32% 0.00% _________________________________________________________________________________________________________


2.37 NIGERIA Petrol (million US $): Nigeria 1995 - 2005

Year Nigeria % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,326 4.15% 0.20% 1996 1,392 4.09% 0.20% 1997 1,408 4.06% 0.20% 1998 1,433 4.18% 0.20% 1999 1,445 4.19% 0.19% 2000 1,454 4.16% 0.19% 2001 1,463 4.06% 0.19% 2002 1,472 3.95% 0.18% 2003 1,482 3.84% 0.18% 2004 1,491 3.74% 0.17% 2005 1,501 3.63% 0.16% _________________________________________________________________________________________________________


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2.38 REPUBLIC OF CONGO Petrol (million US $): Republic of Congo 1995 - 2005

Year Republic of Congo % of Region % of Globe _________________________________________________________________________________________________________ 1995 366 1.14% 0.00% 1996 389 1.14% 0.00% 1997 399 1.15% 0.00% 1998 402 1.17% 0.00% 1999 404 1.17% 0.00% 2000 408 1.16% 0.00% 2001 422 1.17% 0.00% 2002 439 1.17% 0.00% 2003 456 1.18% 0.00% 2004 474 1.18% 0.00% 2005 492 1.19% 0.00% _________________________________________________________________________________________________________


2.39 RWANDA Petrol (million US $): Rwanda 1995 - 2005

Year Rwanda % of Region % of Globe _________________________________________________________________________________________________________ 1995 302 0.94% 0.00% 1996 328 0.96% 0.00% 1997 344 0.99% 0.00% 1998 354 1.03% 0.00% 1999 364 1.05% 0.00% 2000 373 1.06% 0.00% 2001 380 1.05% 0.00% 2002 387 1.04% 0.00% 2003 394 1.02% 0.00% 2004 401 1.00% 0.00% 2005 408 0.98% 0.00% _________________________________________________________________________________________________________


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2.40 SAO TOME E PRINCIPE Petrol (million US $): Sao Tome E Principe 1995 - 2005

Year Sao Tome E Principe % of Region % of Globe _________________________________________________________________________________________________________ 1995 5 0.00% 0.00% 1996 6 0.00% 0.00% 1997 6 0.00% 0.00% 1998 6 0.00% 0.00% 1999 6 0.00% 0.00% 2000 6 0.00% 0.00% 2001 6 0.00% 0.00% 2002 6 0.00% 0.00% 2003 7 0.00% 0.00% 2004 7 0.00% 0.00% 2005 7 0.01% 0.00% _________________________________________________________________________________________________________


2.41 SENEGAL Petrol (million US $): Senegal 1995 - 2005

Year Senegal % of Region % of Globe _________________________________________________________________________________________________________ 1995 908 2.84% 0.13% 1996 958 2.82% 0.13% 1997 978 2.82% 0.13% 1998 979 2.85% 0.13% 1999 978 2.83% 0.13% 2000 983 2.81% 0.13% 2001 1,021 2.83% 0.13% 2002 1,067 2.86% 0.13% 2003 1,115 2.89% 0.13% 2004 1,166 2.92% 0.13% 2005 1,218 2.95% 0.13% _________________________________________________________________________________________________________


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2.42 SIERRA LEONE Petrol (million US $): Sierra Leone 1995 - 2005

Year Sierra Leone % of Region % of Globe _________________________________________________________________________________________________________ 1995 172 0.53% 0.00% 1996 188 0.55% 0.00% 1997 197 0.56% 0.00% 1998 203 0.59% 0.00% 1999 209 0.60% 0.00% 2000 215 0.61% 0.00% 2001 219 0.60% 0.00% 2002 222 0.59% 0.00% 2003 226 0.58% 0.00% 2004 229 0.57% 0.00% 2005 233 0.56% 0.00% _________________________________________________________________________________________________________


2.43 SOMALIA Petrol (million US $): Somalia 1995 - 2005

Year Somalia % of Region % of Globe _________________________________________________________________________________________________________ 1995 202 0.63% 0.00% 1996 216 0.63% 0.00% 1997 223 0.64% 0.00% 1998 226 0.66% 0.00% 1999 229 0.66% 0.03% 2000 232 0.66% 0.00% 2001 239 0.66% 0.00% 2002 247 0.66% 0.00% 2003 255 0.66% 0.00% 2004 263 0.66% 0.00% 2005 272 0.65% 0.00% _________________________________________________________________________________________________________


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2.44 SOUTH AFRICA Petrol (million US $): South Africa 1995 - 2005

Year South Africa % of Region % of Globe _________________________________________________________________________________________________________ 1995 888 2.78% 0.13% 1996 973 2.86% 0.14% 1997 859 2.47% 0.12% 1998 466 1.36% 0.00% 1999 428 1.24% 0.00% 2000 459 1.31% 0.00% 2001 494 1.37% 0.00% 2002 530 1.42% 0.00% 2003 570 1.48% 0.00% 2004 612 1.53% 0.00% 2005 658 1.59% 0.00% _________________________________________________________________________________________________________


2.45 SUDAN Petrol (million US $): Sudan 1995 - 2005

Year Sudan % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,496 4.69% 0.22% 1996 1,618 4.76% 0.23% 1997 1,689 4.87% 0.24% 1998 1,730 5.05% 0.24% 1999 1,768 5.13% 0.24% 2000 1,807 5.18% 0.24% 2001 1,848 5.13% 0.24% 2002 1,890 5.07% 0.23% 2003 1,932 5.01% 0.23% 2004 1,976 4.95% 0.23% 2005 2,021 4.89% 0.22% _________________________________________________________________________________________________________


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2.46 SWAZILAND Petrol (million US $): Swaziland 1995 - 2005

Year Swaziland % of Region % of Globe _________________________________________________________________________________________________________ 1995 133 0.41% 0.00% 1996 142 0.41% 0.00% 1997 146 0.42% 0.02% 1998 148 0.43% 0.00% 1999 149 0.43% 0.00% 2000 151 0.43% 0.00% 2001 156 0.43% 0.00% 2002 161 0.43% 0.00% 2003 167 0.43% 0.00% 2004 173 0.43% 0.00% 2005 179 0.43% 0.00% _________________________________________________________________________________________________________


2.47 TANZANIA Petrol (million US $): Tanzania 1995 - 2005

Year Tanzania % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,004 3.14% 0.15% 1996 1,070 3.15% 0.15% 1997 1,102 3.18% 0.15% 1998 1,113 3.25% 0.15% 1999 1,122 3.25% 0.15% 2000 1,136 3.25% 0.15% 2001 1,173 3.26% 0.15% 2002 1,215 3.26% 0.15% 2003 1,259 3.26% 0.15% 2004 1,304 3.27% 0.15% 2005 1,351 3.27% 0.15% _________________________________________________________________________________________________________


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2.48 THE GAMBIA Petrol (million US $): The Gambia 1995 - 2005

Year The Gambia % of Region % of Globe _________________________________________________________________________________________________________ 1995 47 0.14% 0.00% 1996 50 0.14% 0.00% 1997 52 0.14% 0.00% 1998 52 0.15% 0.00% 1999 53 0.15% 0.00% 2000 54 0.15% 0.00% 2001 55 0.15% 0.00% 2002 57 0.15% 0.00% 2003 59 0.15% 0.00% 2004 61 0.15% 0.00% 2005 63 0.15% 0.00% _________________________________________________________________________________________________________


2.49 TOGO Petrol (million US $): Togo 1995 - 2005

Year Togo % of Region % of Globe _________________________________________________________________________________________________________ 1995 246 0.77% 0.00% 1996 259 0.76% 0.03% 1997 262 0.75% 0.00% 1998 261 0.76% 0.00% 1999 259 0.75% 0.00% 2000 259 0.74% 0.00% 2001 271 0.75% 0.00% 2002 285 0.76% 0.03% 2003 299 0.77% 0.00% 2004 314 0.78% 0.00% 2005 330 0.80% 0.00% _________________________________________________________________________________________________________


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2.50 TUNISIA Petrol (million US $): Tunisia 1995 - 2005

Year Tunisia % of Region % of Globe _________________________________________________________________________________________________________ 1995 2,133 6.68% 0.32% 1996 2,253 6.63% 0.32% 1997 2,299 6.63% 0.32% 1998 2,303 6.72% 0.32% 1999 2,302 6.68% 0.31% 2000 2,314 6.63% 0.31% 2001 2,405 6.68% 0.31% 2002 2,512 6.75% 0.31% 2003 2,624 6.81% 0.31% 2004 2,741 6.87% 0.32% 2005 2,863 6.94% 0.32% _________________________________________________________________________________________________________


2.51 UGANDA Petrol (million US $): Uganda 1995 - 2005

Year Uganda % of Region % of Globe _________________________________________________________________________________________________________ 1995 918 2.87% 0.14% 1996 959 2.82% 0.13% 1997 969 2.79% 0.13% 1998 961 2.80% 0.13% 1999 952 2.76% 0.13% 2000 949 2.72% 0.12% 2001 994 2.76% 0.12% 2002 1,048 2.81% 0.13% 2003 1,105 2.87% 0.13% 2004 1,165 2.92% 0.13% 2005 1,229 2.97% 0.13% _________________________________________________________________________________________________________


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2.52 ZAMBIA Petrol (million US $): Zambia 1995 - 2005

Year Zambia % of Region % of Globe _________________________________________________________________________________________________________ 1995 480 1.50% 0.00% 1996 519 1.52% 0.00% 1997 542 1.56% 0.00% 1998 555 1.61% 0.00% 1999 567 1.64% 0.00% 2000 579 1.66% 0.00% 2001 593 1.64% 0.00% 2002 606 1.62% 0.00% 2003 620 1.60% 0.00% 2004 634 1.59% 0.00% 2005 648 1.57% 0.00% _________________________________________________________________________________________________________


2.53 ZIMBABWE Petrol (million US $): Zimbabwe 1995 - 2005

Year Zimbabwe % of Region % of Globe _________________________________________________________________________________________________________ 1995 841 2.63% 0.12% 1996 913 2.68% 0.13% 1997 957 2.76% 0.13% 1998 984 2.87% 0.13% 1999 1,010 2.93% 0.13% 2000 1,036 2.96% 0.13% 2001 1,056 2.93% 0.13% 2002 1,076 2.89% 0.13% 2003 1,096 2.84% 0.13% 2004 1,116 2.80% 0.13% 2005 1,137 2.75% 0.12% _________________________________________________________________________________________________________


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3 ASIA: PETROL

3.1 EXECUTIVE SUMMARY Market Potential for Petrol in Asia (million US $): 2000

Country Latent Demand million US $ % of Asia _________________________________________________________________________________________________________ Japan 111,850 67.31% China 18,925 11.39% India 14,413 8.67% South Korea 2,858 1.72% Vietnam 2,624 1.57% Taiwan 2,284 1.37% Bangladesh 1,791 1.07% Burma 1,786 1.07% Sri Lanka 1,264 0.76% Brunei 1,221 0.73% Malaysia 1,093 0.65% Thailand 633 0.38% North Korea 624 0.37% Papua New Guinea 602 0.36% Mongolia 601 0.36% Philippines 585 0.35% Hong Kong 585 0.35% Nepal 572 0.34% Singapore 492 0.29% Cambodia 422 0.25% Macau 402 0.24% Indonesia 199 0.11% Laos 195 0.11% Seychelles 57 0.00% Bhutan 48 0.00% Other 24 0.18% Total 166,149 100.00% _________________________________________________________________________________________________________


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Market Potential for Petrol in Asia (million US $): 2000

Japan

China

IndiaSouth Korea

Other

The Market for Petrol in Asia: 1995 - 2005



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3.2 BANGLADESH Petrol (million US $): Bangladesh 1995 - 2005

Year Bangladesh % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,258 0.86% 0.19% 1996 1,456 0.95% 0.21% 1997 1,573 1.00% 0.22% 1998 1,652 1.04% 0.23% 1999 1,720 1.06% 0.23% 2000 1,791 1.07% 0.24% 2001 1,864 1.08% 0.24% 2002 1,941 1.09% 0.24% 2003 2,021 1.10% 0.24% 2004 2,105 1.11% 0.24% 2005 2,193 1.11% 0.24% _________________________________________________________________________________________________________


3.3 BHUTAN Petrol (million US $): Bhutan 1995 - 2005

Year Bhutan % of Region % of Globe _________________________________________________________________________________________________________ 1995 45 0.00% 0.00% 1996 47 0.00% 0.00% 1997 48 0.00% 0.00% 1998 48 0.00% 0.00% 1999 48 0.00% 0.00% 2000 48 0.00% 0.00% 2001 50 0.00% 0.00% 2002 52 0.00% 0.00% 2003 55 0.00% 0.00% 2004 58 0.00% 0.00% 2005 61 0.00% 0.00% _________________________________________________________________________________________________________


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3.4 BRUNEI Petrol (million US $): Brunei 1995 - 2005

Year Brunei % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,061 0.72% 0.16% 1996 1,136 0.74% 0.16% 1997 1,173 0.74% 0.16% 1998 1,190 0.75% 0.16% 1999 1,204 0.74% 0.16% 2000 1,221 0.73% 0.16% 2001 1,257 0.73% 0.16% 2002 1,298 0.73% 0.16% 2003 1,341 0.73% 0.16% 2004 1,384 0.73% 0.16% 2005 1,429 0.72% 0.16% _________________________________________________________________________________________________________


3.5 BURMA Petrol (million US $): Burma 1995 - 2005

Year Burma % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,627 1.11% 0.24% 1996 1,713 1.12% 0.24% 1997 1,735 1.10% 0.24% 1998 1,760 1.11% 0.24% 1999 1,774 1.09% 0.24% 2000 1,786 1.07% 0.23% 2001 1,797 1.04% 0.23% 2002 1,809 1.02% 0.22% 2003 1,821 0.99% 0.22% 2004 1,833 0.96% 0.21% 2005 1,845 0.93% 0.20% _________________________________________________________________________________________________________


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3.6 CAMBODIA Petrol (million US $): Cambodia 1995 - 2005

Year Cambodia % of Region % of Globe _________________________________________________________________________________________________________ 1995 405 0.27% 0.00% 1996 424 0.27% 0.00% 1997 429 0.27% 0.00% 1998 426 0.27% 0.00% 1999 422 0.26% 0.00% 2000 422 0.25% 0.00% 2001 441 0.25% 0.00% 2002 464 0.26% 0.00% 2003 489 0.26% 0.00% 2004 515 0.27% 0.00% 2005 543 0.27% 0.00% _________________________________________________________________________________________________________


3.7 CHINA Petrol (million US $): China 1995 - 2005

Year China % of Region % of Globe _________________________________________________________________________________________________________ 1995 10,150 6.97% 1.55% 1996 11,780 7.72% 1.71% 1997 13,862 8.83% 1.97% 1998 15,606 9.90% 2.21% 1999 17,205 10.66% 2.37% 2000 18,925 11.39% 2.54% 2001 20,817 12.14% 2.70% 2002 22,899 12.93% 2.87% 2003 25,189 13.76% 3.06% 2004 27,708 14.62% 3.24% 2005 30,479 15.52% 3.44% _________________________________________________________________________________________________________


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3.8 HONG KONG Petrol (million US $): Hong Kong 1995 - 2005

Year Hong Kong % of Region % of Globe _________________________________________________________________________________________________________ 1995 533 0.36% 0.00% 1996 563 0.36% 0.00% 1997 589 0.37% 0.00% 1998 543 0.34% 0.00% 1999 557 0.34% 0.00% 2000 585 0.35% 0.00% 2001 614 0.35% 0.00% 2002 645 0.36% 0.00% 2003 677 0.36% 0.00% 2004 710 0.37% 0.00% 2005 746 0.37% 0.00% _________________________________________________________________________________________________________


3.9 INDIA Petrol (million US $): India 1995 - 2005

Year India % of Region % of Globe _________________________________________________________________________________________________________ 1995 11,396 7.83% 1.74% 1996 12,484 8.18% 1.81% 1997 13,040 8.31% 1.85% 1998 12,963 8.22% 1.83% 1999 13,594 8.42% 1.87% 2000 14,413 8.67% 1.93% 2001 15,298 8.92% 1.98% 2002 16,253 9.18% 2.04% 2003 17,286 9.44% 2.10% 2004 18,404 9.71% 2.15% 2005 19,615 9.98% 2.21% _________________________________________________________________________________________________________


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3.10 INDONESIA Petrol (million US $): Indonesia 1995 - 2005

Year Indonesia % of Region % of Globe _________________________________________________________________________________________________________ 1995 695 0.47% 0.10% 1996 760 0.49% 0.11% 1997 664 0.42% 0.00% 1998 238 0.15% 0.00% 1999 182 0.11% 0.00% 2000 199 0.11% 0.00% 2001 218 0.12% 0.00% 2002 239 0.13% 0.00% 2003 261 0.14% 0.00% 2004 286 0.15% 0.03% 2005 314 0.15% 0.00% _________________________________________________________________________________________________________


3.11 JAPAN Petrol (million US $): Japan 1995 - 2005

Year Japan % of Region % of Globe _________________________________________________________________________________________________________ 1995 101,250 69.59% 15.47% 1996 103,590 67.91% 15.06% 1997 106,375 67.79% 15.12% 1998 108,889 69.13% 15.42% 1999 110,440 68.44% 15.27% 2000 111,850 67.31% 15.02% 2001 113,279 66.09% 14.73% 2002 114,727 64.80% 14.42% 2003 116,194 63.48% 14.11% 2004 117,680 62.10% 13.79% 2005 119,186 60.69% 13.47% _________________________________________________________________________________________________________


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3.12 LAOS Petrol (million US $): Laos 1995 - 2005

Year Laos % of Region % of Globe _________________________________________________________________________________________________________ 1995 191 0.13% 0.00% 1996 199 0.13% 0.00% 1997 201 0.12% 0.00% 1998 199 0.12% 0.00% 1999 196 0.12% 0.00% 2000 195 0.11% 0.02% 2001 204 0.11% 0.00% 2002 216 0.12% 0.00% 2003 229 0.12% 0.00% 2004 242 0.12% 0.00% 2005 256 0.13% 0.00% _________________________________________________________________________________________________________


3.13 MACAU Petrol (million US $): Macau 1995 - 2005

Year Macau % of Region % of Globe _________________________________________________________________________________________________________ 1995 367 0.25% 0.00% 1996 389 0.25% 0.00% 1997 397 0.25% 0.00% 1998 399 0.25% 0.00% 1999 400 0.24% 0.00% 2000 402 0.24% 0.00% 2001 417 0.24% 0.00% 2002 435 0.24% 0.00% 2003 454 0.24% 0.00% 2004 473 0.24% 0.00% 2005 493 0.25% 0.00% _________________________________________________________________________________________________________


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3.14 MALAYSIA Petrol (million US $): Malaysia 1995 - 2005

Year Malaysia % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,606 1.10% 0.24% 1996 1,795 1.17% 0.26% 1997 1,741 1.10% 0.24% 1998 1,165 0.73% 0.16% 1999 1,080 0.66% 0.14% 2000 1,093 0.65% 0.14% 2001 1,106 0.64% 0.14% 2002 1,120 0.63% 0.14% 2003 1,134 0.61% 0.13% 2004 1,148 0.60% 0.13% 2005 1,162 0.59% 0.13% _________________________________________________________________________________________________________


3.15 MALDIVES Petrol (million US $): Maldives 1995 - 2005

Year Maldives % of Region % of Globe _________________________________________________________________________________________________________ 1995 23 0.00% 0.00% 1996 24 0.00% 0.00% 1997 24 0.00% 0.00% 1998 24 0.01% 0.00% 1999 24 0.00% 0.00% 2000 24 0.00% 0.00% 2001 25 0.00% 0.00% 2002 26 0.00% 0.00% 2003 27 0.00% 0.00% 2004 29 0.00% 0.00% 2005 30 0.00% 0.00% _________________________________________________________________________________________________________


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3.16 MONGOLIA Petrol (million US $): Mongolia 1995 - 2005

Year Mongolia % of Region % of Globe _________________________________________________________________________________________________________ 1995 571 0.39% 0.00% 1996 599 0.39% 0.08% 1997 607 0.38% 0.00% 1998 604 0.38% 0.00% 1999 600 0.37% 0.00% 2000 601 0.36% 0.00% 2001 627 0.36% 0.00% 2002 659 0.37% 0.00% 2003 692 0.37% 0.00% 2004 728 0.38% 0.00% 2005 765 0.38% 0.00% _________________________________________________________________________________________________________


3.17 NEPAL Petrol (million US $): Nepal 1995 - 2005

Year Nepal % of Region % of Globe _________________________________________________________________________________________________________ 1995 501 0.34% 0.00% 1996 535 0.35% 0.07% 1997 552 0.35% 0.00% 1998 559 0.35% 0.00% 1999 565 0.35% 0.00% 2000 572 0.34% 0.00% 2001 590 0.34% 0.00% 2002 610 0.34% 0.00% 2003 631 0.34% 0.00% 2004 653 0.34% 0.07% 2005 675 0.34% 0.00% _________________________________________________________________________________________________________


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3.18 NORTH KOREA Petrol (million US $): North Korea 1995 - 2005

Year North Korea % of Region % of Globe _________________________________________________________________________________________________________ 1995 573 0.39% 0.00% 1996 591 0.38% 0.00% 1997 592 0.37% 0.08% 1998 615 0.39% 0.00% 1999 621 0.38% 0.00% 2000 624 0.37% 0.00% 2001 627 0.36% 0.00% 2002 630 0.35% 0.00% 2003 633 0.34% 0.00% 2004 636 0.33% 0.00% 2005 639 0.32% 0.00% _________________________________________________________________________________________________________


3.19 PAPUA NEW GUINEA Petrol (million US $): Papua New Guinea 1995 - 2005

Year Papua New Guinea % of Region % of Globe _________________________________________________________________________________________________________ 1995 487 0.33% 0.00% 1996 529 0.34% 0.00% 1997 555 0.35% 0.07% 1998 572 0.36% 0.00% 1999 587 0.36% 0.00% 2000 602 0.36% 0.08% 2001 614 0.35% 0.00% 2002 625 0.35% 0.00% 2003 636 0.34% 0.00% 2004 647 0.34% 0.00% 2005 658 0.33% 0.00% _________________________________________________________________________________________________________


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3.20 PHILIPPINES Petrol (million US $): Philippines 1995 - 2005

Year Philippines % of Region % of Globe _________________________________________________________________________________________________________ 1995 869 0.59% 0.13% 1996 958 0.62% 0.13% 1997 925 0.58% 0.13% 1998 630 0.40% 0.00% 1999 583 0.36% 0.00% 2000 585 0.35% 0.00% 2001 588 0.34% 0.00% 2002 591 0.33% 0.00% 2003 595 0.32% 0.00% 2004 599 0.31% 0.00% 2005 604 0.30% 0.00% _________________________________________________________________________________________________________


3.21 SEYCHELLES Petrol (million US $): Seychelles 1995 - 2005

Year Seychelles % of Region % of Globe _________________________________________________________________________________________________________ 1995 47 0.00% 0.00% 1996 51 0.03% 0.00% 1997 53 0.00% 0.00% 1998 54 0.00% 0.00% 1999 56 0.00% 0.00% 2000 57 0.00% 0.00% 2001 58 0.00% 0.00% 2002 59 0.00% 0.00% 2003 61 0.00% 0.00% 2004 62 0.00% 0.00% 2005 63 0.00% 0.00% _________________________________________________________________________________________________________


Petrol 52


3.22 SINGAPORE Petrol (million US $): Singapore 1995 - 2005

Year Singapore % of Region % of Globe _________________________________________________________________________________________________________ 1995 557 0.38% 0.00% 1996 582 0.38% 0.00% 1997 516 0.32% 0.00% 1998 449 0.28% 0.00% 1999 463 0.28% 0.00% 2000 492 0.29% 0.00% 2001 523 0.30% 0.00% 2002 557 0.31% 0.00% 2003 592 0.32% 0.00% 2004 629 0.33% 0.00% 2005 669 0.34% 0.00% _________________________________________________________________________________________________________


3.23 SOUTH KOREA Petrol (million US $): South Korea 1995 - 2005

Year South Korea % of Region % of Globe _________________________________________________________________________________________________________ 1995 4,668 3.20% 0.71% 1996 5,152 3.37% 0.74% 1997 4,221 2.69% 0.60% 1998 2,636 1.67% 0.37% 1999 2,598 1.61% 0.35% 2000 2,858 1.72% 0.38% 2001 3,144 1.83% 0.40% 2002 3,458 1.95% 0.43% 2003 3,804 2.07% 0.46% 2004 4,184 2.20% 0.49% 2005 4,603 2.34% 0.52% _________________________________________________________________________________________________________


Petrol 53


3.24 SRI LANKA Petrol (million US $): Sri Lanka 1995 - 2005

Year Sri Lanka % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,182 0.81% 0.18% 1996 1,244 0.81% 0.18% 1997 1,266 0.80% 0.18% 1998 1,264 0.80% 0.17% 1999 1,260 0.78% 0.17% 2000 1,264 0.76% 0.16% 2001 1,316 0.76% 0.17% 2002 1,379 0.77% 0.17% 2003 1,444 0.78% 0.17% 2004 1,513 0.79% 0.17% 2005 1,585 0.80% 0.17% _________________________________________________________________________________________________________


3.25 TAIWAN Petrol (million US $): Taiwan 1995 - 2005

Year Taiwan % of Region % of Globe _________________________________________________________________________________________________________ 1995 2,618 1.79% 0.40% 1996 2,719 1.78% 0.39% 1997 2,483 1.58% 0.35% 1998 2,004 1.27% 0.28% 1999 2,086 1.29% 0.28% 2000 2,284 1.37% 0.30% 2001 2,501 1.45% 0.32% 2002 2,739 1.54% 0.34% 2003 3,000 1.63% 0.36% 2004 3,285 1.73% 0.38% 2005 3,598 1.83% 0.40% _________________________________________________________________________________________________________


Petrol 54


3.26 THAILAND Petrol (million US $): Thailand 1995 - 2005

Year Thailand % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,017 0.69% 0.15% 1996 1,115 0.73% 0.16% 1997 988 0.62% 0.14% 1998 618 0.39% 0.00% 1999 592 0.36% 0.00% 2000 633 0.38% 0.00% 2001 677 0.39% 0.00% 2002 725 0.40% 0.00% 2003 776 0.42% 0.00% 2004 830 0.43% 0.00% 2005 888 0.45% 0.10% _________________________________________________________________________________________________________


3.27 VIETNAM Petrol (million US $): Vietnam 1995 - 2005

Year Vietnam % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,780 1.22% 0.27% 1996 2,097 1.37% 0.30% 1997 2,289 1.45% 0.32% 1998 2,402 1.52% 0.34% 1999 2,510 1.55% 0.34% 2000 2,624 1.57% 0.35% 2001 2,742 1.59% 0.35% 2002 2,866 1.61% 0.36% 2003 2,995 1.63% 0.36% 2004 3,131 1.65% 0.36% 2005 3,272 1.66% 0.36% _________________________________________________________________________________________________________


Petrol 55


4 EUROPE: PETROL

4.1 EXECUTIVE SUMMARY Market Potential for Petrol in Europe (million US $): 2000

Country Latent Demand million US $ % of Europe _________________________________________________________________________________________________________ Germany 34,159 15.32% France 29,567 13.26% Italy 24,974 11.20% Poland 21,898 9.82% United Kingdom 20,382 9.14% Spain 17,797 7.98% Russia 15,789 7.08% Austria 11,048 4.95% Netherlands 2,776 1.24% Ukraine 2,694 1.20% Switzerland 2,612 1.17% Lithuania 2,457 1.10% Moldova 2,385 1.06% Sweden 2,366 1.06% Latvia 2,336 1.04% Slovenia 2,291 1.02% Belgium 2,202 0.98% Norway 2,120 0.95% Georgia 1,957 0.87% Ireland 1,952 0.87% Hungary 1,759 0.78% Bosnia and Herzegovina 1,699 0.76% Luxembourg 1,625 0.72% Czech Republic 1,552 0.69% Estonia 1,311 0.58% Other 10,565 5.15% Total 222,271 100.00% _________________________________________________________________________________________________________


Petrol 56


Market Potential for Petrol in Europe (million US $): 2000

Germany

France

ItalyPoland

Other

The Market for Petrol in Europe: 1995 - 2005



Petrol 57


4.2 ALBANIA Petrol (million US $): Albania 1995 - 2005

Year Albania % of Region % of Globe _________________________________________________________________________________________________________ 1995 572 0.29% 0.00% 1996 600 0.29% 0.00% 1997 609 0.29% 0.00% 1998 606 0.29% 0.00% 1999 602 0.28% 0.00% 2000 602 0.27% 0.00% 2001 628 0.27% 0.00% 2002 660 0.27% 0.00% 2003 694 0.27% 0.00% 2004 729 0.27% 0.00% 2005 766 0.27% 0.00% _________________________________________________________________________________________________________


4.3 ANDORRA Petrol (million US $): Andorra 1995 - 2005

Year Andorra % of Region % of Globe _________________________________________________________________________________________________________ 1995 100 0.00% 0.00% 1996 109 0.00% 0.00% 1997 113 0.00% 0.00% 1998 116 0.00% 0.00% 1999 119 0.00% 0.00% 2000 121 0.00% 0.00% 2001 124 0.00% 0.00% 2002 127 0.00% 0.00% 2003 130 0.00% 0.00% 2004 133 0.00% 0.00% 2005 136 0.00% 0.00% _________________________________________________________________________________________________________


Petrol 58


4.4 AUSTRIA Petrol (million US $): Austria 1995 - 2005

Year Austria % of Region % of Globe _________________________________________________________________________________________________________ 1995 6,991 3.62% 1.06% 1996 7,928 3.89% 1.15% 1997 8,148 3.94% 1.15% 1998 9,095 4.39% 1.28% 1999 10,044 4.69% 1.38% 2000 11,048 4.95% 1.48% 2001 12,153 5.22% 1.58% 2002 13,367 5.49% 1.68% 2003 14,704 5.78% 1.78% 2004 16,173 6.06% 1.89% 2005 17,790 6.36% 2.01% _________________________________________________________________________________________________________


4.5 BELARUS Petrol (million US $): Belarus 1995 - 2005

Year Belarus % of Region % of Globe _________________________________________________________________________________________________________ 1995 500 0.25% 0.00% 1996 539 0.26% 0.00% 1997 517 0.25% 0.07% 1998 363 0.17% 0.00% 1999 334 0.15% 0.00% 2000 331 0.14% 0.00% 2001 329 0.14% 0.00% 2002 327 0.13% 0.00% 2003 326 0.12% 0.00% 2004 325 0.12% 0.00% 2005 325 0.11% 0.00% _________________________________________________________________________________________________________


Petrol 59


4.6 BELGIUM Petrol (million US $): Belgium 1995 - 2005

Year Belgium % of Region % of Globe _________________________________________________________________________________________________________ 1995 2,325 1.20% 0.35% 1996 2,371 1.16% 0.34% 1997 2,235 1.08% 0.31% 1998 1,914 0.92% 0.27% 1999 2,012 0.94% 0.27% 2000 2,202 0.98% 0.29% 2001 2,410 1.03% 0.31% 2002 2,637 1.08% 0.33% 2003 2,885 1.13% 0.35% 2004 3,157 1.18% 0.37% 2005 3,455 1.23% 0.39% _________________________________________________________________________________________________________


4.7 BOSNIA AND HERZEGOVINA Petrol (million US $): Bosnia and Herzegovina 1995 - 2005

Year Bosnia and Herzegovina % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,406 0.72% 0.21% 1996 1,521 0.74% 0.22% 1997 1,588 0.76% 0.22% 1998 1,626 0.78% 0.23% 1999 1,662 0.77% 0.22% 2000 1,699 0.76% 0.22% 2001 1,737 0.74% 0.22% 2002 1,776 0.73% 0.22% 2003 1,817 0.71% 0.22% 2004 1,858 0.69% 0.21% 2005 1,900 0.67% 0.21% _________________________________________________________________________________________________________


Petrol 60


4.8 BULGARIA Petrol (million US $): Bulgaria 1995 - 2005

Year Bulgaria % of Region % of Globe _________________________________________________________________________________________________________ 1995 527 0.27% 0.00% 1996 558 0.27% 0.00% 1997 572 0.27% 0.00% 1998 601 0.29% 0.00% 1999 614 0.28% 0.00% 2000 625 0.28% 0.08% 2001 635 0.27% 0.00% 2002 646 0.26% 0.00% 2003 658 0.25% 0.00% 2004 670 0.25% 0.00% 2005 682 0.24% 0.00% _________________________________________________________________________________________________________


4.9 CROATIA Petrol (million US $): Croatia 1995 - 2005

Year Croatia % of Region % of Globe _________________________________________________________________________________________________________ 1995 736 0.38% 0.11% 1996 815 0.40% 0.11% 1997 858 0.41% 0.12% 1998 901 0.43% 0.12% 1999 930 0.43% 0.12% 2000 958 0.42% 0.12% 2001 986 0.42% 0.12% 2002 1,016 0.41% 0.12% 2003 1,047 0.41% 0.12% 2004 1,080 0.40% 0.12% 2005 1,114 0.39% 0.12% _________________________________________________________________________________________________________


Petrol 61


4.10 CYPRUS Petrol (million US $): Cyprus 1995 - 2005

Year Cyprus % of Region % of Globe _________________________________________________________________________________________________________ 1995 793 0.41% 0.12% 1996 844 0.41% 0.12% 1997 867 0.42% 0.12% 1998 875 0.42% 0.12% 1999 881 0.41% 0.12% 2000 890 0.39% 0.11% 2001 920 0.39% 0.11% 2002 954 0.39% 0.12% 2003 990 0.38% 0.12% 2004 1,027 0.38% 0.12% 2005 1,066 0.38% 0.12% _________________________________________________________________________________________________________


4.11 CZECH REPUBLIC Petrol (million US $): Czech Republic 1995 - 2005

Year Czech Republic % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,171 0.60% 0.17% 1996 1,405 0.68% 0.20% 1997 1,399 0.67% 0.19% 1998 1,485 0.71% 0.21% 1999 1,524 0.71% 0.21% 2000 1,552 0.69% 0.20% 2001 1,580 0.67% 0.20% 2002 1,609 0.66% 0.20% 2003 1,638 0.64% 0.19% 2004 1,668 0.62% 0.19% 2005 1,698 0.60% 0.19% _________________________________________________________________________________________________________


Petrol 62


4.12 DENMARK Petrol (million US $): Denmark 1995 - 2005

Year Denmark % of Region % of Globe _________________________________________________________________________________________________________ 1995 953 0.49% 0.14% 1996 1,044 0.51% 0.15% 1997 923 0.44% 0.13% 1998 542 0.26% 0.00% 1999 510 0.23% 0.00% 2000 546 0.24% 0.00% 2001 586 0.25% 0.00% 2002 628 0.25% 0.00% 2003 673 0.26% 0.00% 2004 721 0.27% 0.00% 2005 773 0.27% 0.00% _________________________________________________________________________________________________________


4.13 ESTONIA Petrol (million US $): Estonia 1995 - 2005

Year Estonia % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,245 0.64% 0.19% 1996 1,307 0.64% 0.19% 1997 1,325 0.64% 0.18% 1998 1,319 0.63% 0.18% 1999 1,311 0.61% 0.18% 2000 1,311 0.58% 0.17% 2001 1,368 0.58% 0.17% 2002 1,438 0.59% 0.18% 2003 1,511 0.59% 0.18% 2004 1,588 0.59% 0.18% 2005 1,669 0.59% 0.18% _________________________________________________________________________________________________________


Petrol 63


4.14 FINLAND Petrol (million US $): Finland 1995 - 2005

Year Finland % of Region % of Globe _________________________________________________________________________________________________________ 1995 824 0.42% 0.12% 1996 902 0.44% 0.13% 1997 794 0.38% 0.11% 1998 390 0.18% 0.00% 1999 346 0.16% 0.00% 2000 373 0.16% 0.00% 2001 402 0.17% 0.00% 2002 433 0.17% 0.00% 2003 467 0.18% 0.00% 2004 504 0.18% 0.00% 2005 543 0.19% 0.00% _________________________________________________________________________________________________________


4.15 FRANCE Petrol (million US $): France 1995 - 2005

Year France % of Region % of Globe _________________________________________________________________________________________________________ 1995 26,957 13.97% 4.12% 1996 27,521 13.51% 4.00% 1997 28,048 13.58% 3.98% 1998 28,511 13.78% 4.03% 1999 29,029 13.56% 4.01% 2000 29,567 13.26% 3.97% 2001 30,114 12.94% 3.91% 2002 30,672 12.61% 3.85% 2003 31,240 12.28% 3.79% 2004 31,819 11.94% 3.73% 2005 32,408 11.59% 3.66% _________________________________________________________________________________________________________


Petrol 64


4.16 GEORGIA Petrol (million US $): Georgia 1995 - 2005

Year Georgia % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,363 0.70% 0.20% 1996 1,584 0.77% 0.23% 1997 1,716 0.83% 0.24% 1998 1,802 0.87% 0.25% 1999 1,878 0.87% 0.25% 2000 1,957 0.87% 0.26% 2001 2,040 0.87% 0.26% 2002 2,126 0.87% 0.26% 2003 2,216 0.87% 0.26% 2004 2,310 0.86% 0.27% 2005 2,409 0.86% 0.27% _________________________________________________________________________________________________________


4.17 GERMANY Petrol (million US $): Germany 1995 - 2005

Year Germany % of Region % of Globe _________________________________________________________________________________________________________ 1995 31,214 16.17% 4.77% 1996 31,786 15.60% 4.62% 1997 32,369 15.68% 4.60% 1998 32,961 15.93% 4.66% 1999 33,555 15.67% 4.64% 2000 34,159 15.32% 4.58% 2001 34,774 14.94% 4.52% 2002 35,400 14.56% 4.45% 2003 36,037 14.16% 4.37% 2004 36,686 13.76% 4.30% 2005 37,346 13.36% 4.22% _________________________________________________________________________________________________________


Petrol 65


4.18 GREECE Petrol (million US $): Greece 1995 - 2005

Year Greece % of Region % of Globe _________________________________________________________________________________________________________ 1995 324 0.16% 0.00% 1996 346 0.16% 0.00% 1997 370 0.17% 0.00% 1998 380 0.18% 0.00% 1999 402 0.18% 0.00% 2000 428 0.19% 0.00% 2001 456 0.19% 0.00% 2002 486 0.19% 0.00% 2003 519 0.20% 0.00% 2004 554 0.20% 0.00% 2005 591 0.21% 0.00% _________________________________________________________________________________________________________


4.19 HUNGARY Petrol (million US $): Hungary 1995 - 2005

Year Hungary % of Region % of Globe _________________________________________________________________________________________________________ 1995 2,300 1.19% 0.35% 1996 2,064 1.01% 0.30% 1997 1,905 0.92% 0.27% 1998 1,797 0.86% 0.25% 1999 1,771 0.82% 0.24% 2000 1,759 0.78% 0.23% 2001 1,746 0.75% 0.22% 2002 1,734 0.71% 0.21% 2003 1,721 0.67% 0.20% 2004 1,709 0.64% 0.20% 2005 1,697 0.60% 0.19% _________________________________________________________________________________________________________


Petrol 66


4.20 ICELAND Petrol (million US $): Iceland 1995 - 2005

Year Iceland % of Region % of Globe _________________________________________________________________________________________________________ 1995 794 0.41% 0.12% 1996 844 0.41% 0.12% 1997 866 0.41% 0.12% 1998 873 0.42% 0.12% 1999 878 0.41% 0.12% 2000 887 0.39% 0.11% 2001 917 0.39% 0.11% 2002 953 0.39% 0.11% 2003 989 0.38% 0.12% 2004 1,028 0.38% 0.12% 2005 1,067 0.38% 0.12% _________________________________________________________________________________________________________


4.21 IRELAND Petrol (million US $): Ireland 1995 - 2005

Year Ireland % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,778 0.92% 0.27% 1996 1,874 0.91% 0.27% 1997 1,898 0.91% 0.26% 1998 1,924 0.93% 0.27% 1999 1,939 0.90% 0.26% 2000 1,952 0.87% 0.26% 2001 1,965 0.84% 0.25% 2002 1,978 0.81% 0.24% 2003 1,991 0.78% 0.24% 2004 2,004 0.75% 0.23% 2005 2,018 0.72% 0.22% _________________________________________________________________________________________________________


Petrol 67


4.22 ITALY Petrol (million US $): Italy 1995 - 2005

Year Italy % of Region % of Globe _________________________________________________________________________________________________________ 1995 22,699 11.76% 3.46% 1996 23,256 11.41% 3.38% 1997 23,727 11.49% 3.37% 1998 24,062 11.63% 3.40% 1999 24,503 11.44% 3.38% 2000 24,974 11.20% 3.35% 2001 25,454 10.94% 3.31% 2002 25,944 10.67% 3.26% 2003 26,443 10.39% 3.21% 2004 26,952 10.11% 3.16% 2005 27,470 9.82% 3.10% _________________________________________________________________________________________________________


4.23 KAZAKHSTAN Petrol (million US $): Kazakhstan 1995 - 2005

Year Kazakhstan % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,440 0.74% 0.22% 1996 1,639 0.80% 0.23% 1997 1,626 0.78% 0.23% 1998 1,206 0.58% 0.17% 1999 1,151 0.53% 0.15% 2000 1,170 0.52% 0.15% 2001 1,189 0.51% 0.15% 2002 1,208 0.49% 0.15% 2003 1,228 0.48% 0.14% 2004 1,248 0.46% 0.14% 2005 1,269 0.45% 0.14% _________________________________________________________________________________________________________


Petrol 68


4.24 LATVIA Petrol (million US $): Latvia 1995 - 2005

Year Latvia % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,910 0.98% 0.29% 1996 2,071 1.01% 0.30% 1997 2,167 1.05% 0.30% 1998 2,226 1.07% 0.31% 1999 2,281 1.06% 0.31% 2000 2,336 1.04% 0.31% 2001 2,384 1.02% 0.30% 2002 2,432 1.00% 0.30% 2003 2,480 0.97% 0.30% 2004 2,530 0.94% 0.29% 2005 2,581 0.92% 0.29% _________________________________________________________________________________________________________


4.25 LIECHTENSTEIN Petrol (million US $): Liechtenstein 1995 - 2005

Year Liechtenstein % of Region % of Globe _________________________________________________________________________________________________________ 1995 101 0.00% 0.00% 1996 109 0.00% 0.00% 1997 114 0.00% 0.00% 1998 117 0.00% 0.01% 1999 119 0.00% 0.00% 2000 122 0.00% 0.00% 2001 125 0.00% 0.00% 2002 128 0.00% 0.01% 2003 130 0.05% 0.00% 2004 133 0.00% 0.00% 2005 136 0.00% 0.00% _________________________________________________________________________________________________________


Petrol 69


4.26 LITHUANIA Petrol (million US $): Lithuania 1995 - 2005

Year Lithuania % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,676 0.86% 0.25% 1996 1,969 0.96% 0.28% 1997 2,146 1.03% 0.30% 1998 2,252 1.08% 0.31% 1999 2,352 1.09% 0.32% 2000 2,457 1.10% 0.32% 2001 2,567 1.10% 0.33% 2002 2,681 1.10% 0.33% 2003 2,801 1.10% 0.34% 2004 2,926 1.09% 0.34% 2005 3,056 1.09% 0.34% _________________________________________________________________________________________________________


4.27 LUXEMBOURG Petrol (million US $): Luxembourg 1995 - 2005

Year Luxembourg % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,433 0.74% 0.21% 1996 1,529 0.75% 0.22% 1997 1,575 0.76% 0.22% 1998 1,592 0.76% 0.22% 1999 1,605 0.75% 0.22% 2000 1,625 0.72% 0.21% 2001 1,677 0.72% 0.21% 2002 1,737 0.71% 0.21% 2003 1,799 0.70% 0.21% 2004 1,863 0.69% 0.21% 2005 1,929 0.69% 0.21% _________________________________________________________________________________________________________


Petrol 70


4.28 MACEDONIA Petrol (million US $): Macedonia 1995 - 2005

Year Macedonia % of Region % of Globe _________________________________________________________________________________________________________ 1995 852 0.44% 0.13% 1996 902 0.44% 0.13% 1997 923 0.44% 0.13% 1998 926 0.44% 0.13% 1999 928 0.43% 0.12% 2000 934 0.41% 0.12% 2001 969 0.41% 0.12% 2002 1,010 0.41% 0.12% 2003 1,053 0.41% 0.12% 2004 1,098 0.41% 0.12% 2005 1,145 0.40% 0.12% _________________________________________________________________________________________________________


4.29 MALTA Petrol (million US $): Malta 1995 - 2005

Year Malta % of Region % of Globe _________________________________________________________________________________________________________ 1995 360 0.18% 0.00% 1996 379 0.18% 0.00% 1997 385 0.18% 0.00% 1998 385 0.18% 0.00% 1999 384 0.17% 0.05% 2000 385 0.17% 0.00% 2001 401 0.17% 0.00% 2002 420 0.17% 0.00% 2003 440 0.17% 0.00% 2004 460 0.17% 0.00% 2005 482 0.17% 0.00% _________________________________________________________________________________________________________


Petrol 71


4.30 MOLDOVA Petrol (million US $): Moldova 1995 - 2005

Year Moldova % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,926 0.99% 0.29% 1996 2,094 1.02% 0.30% 1997 2,198 1.06% 0.31% 1998 2,263 1.09% 0.32% 1999 2,324 1.08% 0.32% 2000 2,385 1.06% 0.32% 2001 2,430 1.04% 0.31% 2002 2,472 1.01% 0.31% 2003 2,516 0.98% 0.30% 2004 2,560 0.96% 0.30% 2005 2,605 0.93% 0.29% _________________________________________________________________________________________________________


4.31 MONACO Petrol (million US $): Monaco 1995 - 2005

Year Monaco % of Region % of Globe _________________________________________________________________________________________________________ 1995 54 0.00% 0.00% 1996 58 0.00% 0.00% 1997 61 0.00% 0.00% 1998 62 0.00% 0.00% 1999 63 0.00% 0.00% 2000 65 0.00% 0.00% 2001 66 0.00% 0.00% 2002 68 0.00% 0.00% 2003 69 0.00% 0.00% 2004 71 0.00% 0.00% 2005 73 0.00% 0.00% _________________________________________________________________________________________________________


Petrol 72


4.32 NETHERLANDS Petrol (million US $): Netherlands 1995 - 2005

Year Netherlands % of Region % of Globe _________________________________________________________________________________________________________ 1995 4,375 2.26% 0.66% 1996 4,804 2.35% 0.69% 1997 3,973 1.92% 0.56% 1998 2,546 1.23% 0.36% 1999 2,525 1.17% 0.34% 2000 2,776 1.24% 0.37% 2001 3,052 1.31% 0.39% 2002 3,355 1.38% 0.42% 2003 3,689 1.45% 0.44% 2004 4,056 1.52% 0.47% 2005 4,459 1.59% 0.50% _________________________________________________________________________________________________________


4.33 NORWAY Petrol (million US $): Norway 1995 - 2005

Year Norway % of Region % of Globe _________________________________________________________________________________________________________ 1995 2,033 1.05% 0.31% 1996 2,024 0.99% 0.29% 1997 1,987 0.96% 0.28% 1998 1,823 0.88% 0.25% 1999 1,939 0.90% 0.26% 2000 2,120 0.95% 0.28% 2001 2,318 0.99% 0.30% 2002 2,534 1.04% 0.31% 2003 2,770 1.08% 0.33% 2004 3,029 1.13% 0.35% 2005 3,311 1.18% 0.37% _________________________________________________________________________________________________________


Petrol 73


4.34 POLAND Petrol (million US $): Poland 1995 - 2005

Year Poland % of Region % of Globe _________________________________________________________________________________________________________ 1995 13,287 6.88% 2.03% 1996 15,095 7.41% 2.19% 1997 15,632 7.57% 2.22% 1998 17,952 8.67% 2.54% 1999 19,907 9.30% 2.75% 2000 21,898 9.82% 2.94% 2001 24,088 10.35% 3.13% 2002 26,496 10.89% 3.33% 2003 29,146 11.45% 3.54% 2004 32,060 12.03% 3.75% 2005 35,267 12.61% 3.98% _________________________________________________________________________________________________________


4.35 PORTUGAL Petrol (million US $): Portugal 1995 - 2005

Year Portugal % of Region % of Globe _________________________________________________________________________________________________________ 1995 775 0.40% 0.11% 1996 839 0.41% 0.12% 1997 789 0.38% 0.11% 1998 580 0.28% 0.00% 1999 574 0.26% 0.00% 2000 609 0.27% 0.00% 2001 646 0.27% 0.00% 2002 685 0.28% 0.00% 2003 726 0.28% 0.00% 2004 770 0.28% 0.00% 2005 817 0.29% 0.00% _________________________________________________________________________________________________________


Petrol 74


4.36 ROMANIA Petrol (million US $): Romania 1995 - 2005

Year Romania % of Region % of Globe _________________________________________________________________________________________________________ 1995 115 0.00% 0.00% 1996 128 0.00% 0.00% 1997 151 0.00% 0.00% 1998 216 0.10% 0.03% 1999 246 0.11% 0.00% 2000 271 0.12% 0.00% 2001 298 0.12% 0.00% 2002 328 0.13% 0.00% 2003 361 0.14% 0.00% 2004 397 0.14% 0.00% 2005 436 0.15% 0.00% _________________________________________________________________________________________________________


4.37 RUSSIA Petrol (million US $): Russia 1995 - 2005

Year Russia % of Region % of Globe _________________________________________________________________________________________________________ 1995 14,185 7.35% 2.16% 1996 14,725 7.22% 2.14% 1997 15,085 7.30% 2.14% 1998 15,163 7.33% 2.14% 1999 15,451 7.21% 2.13% 2000 15,789 7.08% 2.12% 2001 16,134 6.93% 2.09% 2002 16,487 6.78% 2.07% 2003 16,848 6.62% 2.04% 2004 17,217 6.46% 2.01% 2005 17,595 6.29% 1.98% _________________________________________________________________________________________________________


Petrol 75


4.38 SERBIA AND MONTENEGRO Petrol (million US $): Serbia and Montenegro 1995 - 2005

Year Serbia and Montenegro % of Region % of Globe _________________________________________________________________________________________________________ 1995 632 0.32% 0.00% 1996 687 0.33% 0.09% 1997 715 0.34% 0.10% 1998 751 0.36% 0.10% 1999 772 0.36% 0.10% 2000 791 0.35% 0.10% 2001 811 0.34% 0.10% 2002 831 0.34% 0.10% 2003 853 0.33% 0.10% 2004 875 0.32% 0.10% 2005 898 0.32% 0.10% _________________________________________________________________________________________________________


4.39 SLOVAKIA Petrol (million US $): Slovakia 1995 - 2005

Year Slovakia % of Region % of Globe _________________________________________________________________________________________________________ 1995 423 0.21% 0.00% 1996 430 0.21% 0.00% 1997 429 0.20% 0.00% 1998 451 0.21% 0.00% 1999 456 0.21% 0.00% 2000 458 0.20% 0.00% 2001 460 0.19% 0.00% 2002 461 0.18% 0.00% 2003 463 0.18% 0.00% 2004 465 0.17% 0.00% 2005 466 0.16% 0.00% _________________________________________________________________________________________________________


Petrol 76


4.40 SLOVENIA Petrol (million US $): Slovenia 1995 - 2005

Year Slovenia % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,572 0.81% 0.24% 1996 1,841 0.90% 0.26% 1997 2,002 0.97% 0.28% 1998 2,102 1.01% 0.29% 1999 2,194 1.02% 0.30% 2000 2,291 1.02% 0.30% 2001 2,391 1.02% 0.31% 2002 2,496 1.02% 0.31% 2003 2,606 1.02% 0.31% 2004 2,721 1.02% 0.31% 2005 2,840 1.01% 0.32% _________________________________________________________________________________________________________


4.41 SPAIN Petrol (million US $): Spain 1995 - 2005

Year Spain % of Region % of Globe _________________________________________________________________________________________________________ 1995 10,461 5.42% 1.59% 1996 11,956 5.86% 1.73% 1997 13,656 6.61% 1.94% 1998 14,946 7.22% 2.11% 1999 16,302 7.61% 2.25% 2000 17,797 7.98% 2.39% 2001 19,438 8.35% 2.52% 2002 21,238 8.73% 2.67% 2003 23,213 9.12% 2.82% 2004 25,382 9.52% 2.97% 2005 27,763 9.93% 3.13% _________________________________________________________________________________________________________


Petrol 77


4.42 SWEDEN Petrol (million US $): Sweden 1995 - 2005

Year Sweden % of Region % of Globe _________________________________________________________________________________________________________ 1995 2,911 1.50% 0.44% 1996 3,066 1.50% 0.44% 1997 2,732 1.32% 0.38% 1998 2,094 1.01% 0.29% 1999 2,159 1.00% 0.29% 2000 2,366 1.06% 0.31% 2001 2,593 1.11% 0.33% 2002 2,842 1.16% 0.35% 2003 3,115 1.22% 0.37% 2004 3,414 1.28% 0.40% 2005 3,742 1.33% 0.42% _________________________________________________________________________________________________________


4.43 SWITZERLAND Petrol (million US $): Switzerland 1995 - 2005

Year Switzerland % of Region % of Globe _________________________________________________________________________________________________________ 1995 3,790 1.96% 0.57% 1996 4,109 2.01% 0.59% 1997 3,476 1.68% 0.49% 1998 2,365 1.14% 0.33% 1999 2,378 1.11% 0.32% 2000 2,612 1.17% 0.35% 2001 2,868 1.23% 0.37% 2002 3,150 1.29% 0.39% 2003 3,459 1.35% 0.42% 2004 3,799 1.42% 0.44% 2005 4,172 1.49% 0.47% _________________________________________________________________________________________________________


Petrol 78


4.44 UKRAINE Petrol (million US $): Ukraine 1995 - 2005

Year Ukraine % of Region % of Globe _________________________________________________________________________________________________________ 1995 4,083 2.11% 0.62% 1996 4,456 2.18% 0.64% 1997 3,725 1.80% 0.52% 1998 2,456 1.18% 0.34% 1999 2,452 1.14% 0.33% 2000 2,694 1.20% 0.36% 2001 2,960 1.27% 0.38% 2002 3,253 1.33% 0.40% 2003 3,574 1.40% 0.43% 2004 3,927 1.47% 0.46% 2005 4,316 1.54% 0.48% _________________________________________________________________________________________________________


4.45 UNITED KINGDOM Petrol (million US $): United Kingdom 1995 - 2005

Year United Kingdom % of Region % of Globe _________________________________________________________________________________________________________ 1995 18,442 9.55% 2.81% 1996 18,991 9.32% 2.76% 1997 19,406 9.40% 2.75% 1998 19,612 9.48% 2.77% 1999 19,977 9.33% 2.76% 2000 20,382 9.14% 2.73% 2001 20,794 8.93% 2.70% 2002 21,216 8.72% 2.66% 2003 21,646 8.50% 2.62% 2004 22,084 8.28% 2.58% 2005 22,532 8.06% 2.54% _________________________________________________________________________________________________________


Petrol 79


5 LATIN AMERICA: PETROL

5.1 EXECUTIVE SUMMARY Market Potential for Petrol in Latin America (million US $): 2000

Country Latent Demand million US $ % of Latin America _________________________________________________________________________________________________________ Brazil 16,669 34.25% Mexico 13,285 27.29% Argentina 2,530 5.19% Guatemala 2,039 4.19% Ecuador 1,811 3.72% Panama 1,653 3.39% Uruguay 1,571 3.22% Chile 1,288 2.64% Paraguay 1,121 2.30% El Salvador 991 2.03% Costa Rica 988 2.02% Peru 956 1.96% Bolivia 925 1.90% Venezuela 911 1.87% Honduras 908 1.86% Nicaragua 498 1.02% Suriname 229 0.47% Colombia 77 0.15% Belize 62 0.12% Guyana 47 0.00% Total 48,560 100.00% _________________________________________________________________________________________________________


Market Potential for Petrol in Latin America (million US $): 2000

Brazil

MexicoArgentina

Guatemala

Other

Petrol 80


The Market for Petrol in Latin America: 1995 - 2005 Year million US $ % of Globe _________________________________________________________________________________________________________ 1995 40,374.69 6.17 1996 43,888.38 6.38 1997 45,200.37 6.43 1998 44,760.64 6.34 1999 46,415.09 6.42 2000 48,665.05 6.54 2001 51,408.13 6.69 2002 54,418.35 6.84 2003 57,666.00 7.01 2004 61,172.41 7.17 2005 64,960.98 7.34 _________________________________________________________________________________________________________


5.2 ARGENTINA Petrol (million US $): Argentina 1995 - 2005

Year Argentina % of Region % of Globe _________________________________________________________________________________________________________ 1995 3,497 8.66% 0.53% 1996 3,761 8.57% 0.54% 1997 3,228 7.14% 0.45% 1998 2,275 5.08% 0.32% 1999 2,305 4.96% 0.31% 2000 2,530 5.19% 0.33% 2001 2,777 5.40% 0.36% 2002 3,047 5.59% 0.38% 2003 3,344 5.79% 0.40% 2004 3,671 6.00% 0.43% 2005 4,029 6.20% 0.45% _________________________________________________________________________________________________________


Petrol 81


5.3 BELIZE Petrol (million US $): Belize 1995 - 2005

Year Belize % of Region % of Globe _________________________________________________________________________________________________________ 1995 54 0.13% 0.00% 1996 58 0.13% 0.00% 1997 60 0.13% 0.00% 1998 60 0.13% 0.00% 1999 61 0.13% 0.00% 2000 62 0.12% 0.00% 2001 64 0.12% 0.00% 2002 66 0.12% 0.00% 2003 68 0.11% 0.00% 2004 70 0.11% 0.00% 2005 73 0.11% 0.00% _________________________________________________________________________________________________________


5.4 BOLIVIA Petrol (million US $): Bolivia 1995 - 2005

Year Bolivia % of Region % of Globe _________________________________________________________________________________________________________ 1995 838 2.07% 0.12% 1996 889 2.02% 0.12% 1997 910 2.01% 0.12% 1998 915 2.04% 0.12% 1999 918 1.97% 0.12% 2000 925 1.90% 0.12% 2001 959 1.86% 0.12% 2002 998 1.83% 0.12% 2003 1,039 1.80% 0.12% 2004 1,082 1.76% 0.12% 2005 1,126 1.73% 0.12% _________________________________________________________________________________________________________


Petrol 82


5.5 BRAZIL Petrol (million US $): Brazil 1995 - 2005

Year Brazil % of Region % of Globe _________________________________________________________________________________________________________ 1995 10,773 26.68% 1.64% 1996 12,132 27.64% 1.76% 1997 13,451 29.75% 1.91% 1998 14,285 31.91% 2.02% 1999 15,399 33.17% 2.12% 2000 16,669 34.25% 2.23% 2001 18,058 35.12% 2.34% 2002 19,576 35.97% 2.46% 2003 21,238 36.82% 2.58% 2004 23,056 37.69% 2.70% 2005 25,047 38.55% 2.83% _________________________________________________________________________________________________________


5.6 CHILE Petrol (million US $): Chile 1995 - 2005

Year Chile % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,176 2.91% 0.17% 1996 1,232 2.80% 0.17% 1997 1,245 2.75% 0.17% 1998 1,269 2.83% 0.17% 1999 1,280 2.75% 0.17% 2000 1,288 2.64% 0.17% 2001 1,296 2.52% 0.16% 2002 1,304 2.39% 0.16% 2003 1,312 2.27% 0.15% 2004 1,320 2.15% 0.15% 2005 1,328 2.04% 0.15% _________________________________________________________________________________________________________


Petrol 83


5.7 COLOMBIA Petrol (million US $): Colombia 1995 - 2005

Year Colombia % of Region % of Globe _________________________________________________________________________________________________________ 1995 132 0.32% 0.00% 1996 120 0.27% 0.00% 1997 109 0.24% 0.00% 1998 96 0.21% 0.00% 1999 86 0.18% 0.00% 2000 77 0.15% 0.00% 2001 69 0.13% 0.00% 2002 62 0.11% 0.00% 2003 56 0.00% 0.00% 2004 51 0.00% 0.00% 2005 46 0.00% 0.00% _________________________________________________________________________________________________________


5.8 COSTA RICA Petrol (million US $): Costa Rica 1995 - 2005

Year Costa Rica % of Region % of Globe _________________________________________________________________________________________________________ 1995 869 2.15% 0.13% 1996 927 2.11% 0.13% 1997 956 2.11% 0.13% 1998 967 2.15% 0.13% 1999 975 2.10% 0.13% 2000 988 2.02% 0.13% 2001 1,019 1.98% 0.13% 2002 1,055 1.93% 0.13% 2003 1,092 1.89% 0.13% 2004 1,130 1.84% 0.13% 2005 1,170 1.80% 0.13% _________________________________________________________________________________________________________


Petrol 84


5.9 ECUADOR Petrol (million US $): Ecuador 1995 - 2005

Year Ecuador % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,586 3.92% 0.24% 1996 1,694 3.86% 0.24% 1997 1,748 3.86% 0.24% 1998 1,770 3.95% 0.25% 1999 1,788 3.85% 0.24% 2000 1,811 3.72% 0.24% 2001 1,868 3.63% 0.24% 2002 1,931 3.54% 0.24% 2003 1,997 3.46% 0.24% 2004 2,065 3.37% 0.24% 2005 2,136 3.28% 0.24% _________________________________________________________________________________________________________


5.10 EL SALVADOR Petrol (million US $): El Salvador 1995 - 2005

Year El Salvador % of Region % of Globe _________________________________________________________________________________________________________ 1995 946 2.34% 0.14% 1996 992 2.26% 0.14% 1997 1,005 2.22% 0.14% 1998 999 2.23% 0.14% 1999 992 2.13% 0.13% 2000 991 2.03% 0.13% 2001 1,036 2.01% 0.13% 2002 1,089 2.00% 0.13% 2003 1,146 1.98% 0.13% 2004 1,205 1.97% 0.14% 2005 1,268 1.95% 0.14% _________________________________________________________________________________________________________


Petrol 85


5.11 GUATEMALA Petrol (million US $): Guatemala 1995 - 2005

Year Guatemala % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,902 4.71% 0.29% 1996 2,004 4.56% 0.29% 1997 2,040 4.51% 0.29% 1998 2,039 4.55% 0.28% 1999 2,033 4.37% 0.28% 2000 2,039 4.19% 0.27% 2001 2,123 4.12% 0.27% 2002 2,223 4.08% 0.27% 2003 2,327 4.03% 0.28% 2004 2,437 3.98% 0.28% 2005 2,552 3.92% 0.28% _________________________________________________________________________________________________________


5.12 GUYANA Petrol (million US $): Guyana 1995 - 2005

Year Guyana % of Region % of Globe _________________________________________________________________________________________________________ 1995 44 0.10% 0.00% 1996 46 0.10% 0.00% 1997 47 0.10% 0.00% 1998 47 0.10% 0.00% 1999 46 0.00% 0.00% 2000 47 0.00% 0.00% 2001 48 0.09% 0.00% 2002 51 0.00% 0.00% 2003 53 0.00% 0.00% 2004 56 0.00% 0.00% 2005 58 0.00% 0.00% _________________________________________________________________________________________________________


Petrol 86


5.13 HONDURAS Petrol (million US $): Honduras 1995 - 2005

Year Honduras % of Region % of Globe _________________________________________________________________________________________________________ 1995 829 2.05% 0.12% 1996 877 1.99% 0.12% 1997 897 1.98% 0.12% 1998 901 2.01% 0.12% 1999 902 1.94% 0.12% 2000 908 1.86% 0.12% 2001 942 1.83% 0.12% 2002 982 1.80% 0.12% 2003 1,024 1.77% 0.12% 2004 1,068 1.74% 0.12% 2005 1,113 1.71% 0.12% _________________________________________________________________________________________________________


5.14 MEXICO Petrol (million US $): Mexico 1995 - 2005

Year Mexico % of Region % of Globe _________________________________________________________________________________________________________ 1995 11,707 28.99% 1.78% 1996 12,660 28.84% 1.84% 1997 12,835 28.39% 1.82% 1998 12,302 27.48% 1.74% 1999 12,691 27.34% 1.75% 2000 13,285 27.29% 1.78% 2001 13,918 27.07% 1.80% 2002 14,592 26.81% 1.83% 2003 15,311 26.55% 1.86% 2004 16,078 26.28% 1.88% 2005 16,899 26.01% 1.91% _________________________________________________________________________________________________________


Petrol 87


5.15 NICARAGUA Petrol (million US $): Nicaragua 1995 - 2005

Year Nicaragua % of Region % of Globe _________________________________________________________________________________________________________ 1995 457 1.13% 0.00% 1996 483 1.10% 0.00% 1997 494 1.09% 0.00% 1998 495 1.10% 0.00% 1999 495 1.06% 0.00% 2000 498 1.02% 0.00% 2001 517 1.00% 0.00% 2002 540 0.99% 0.00% 2003 564 0.97% 0.06% 2004 588 0.96% 0.00% 2005 614 0.94% 0.00% _________________________________________________________________________________________________________


5.16 PANAMA Petrol (million US $): Panama 1995 - 2005

Year Panama % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,465 3.62% 0.22% 1996 1,561 3.55% 0.22% 1997 1,606 3.55% 0.22% 1998 1,622 3.62% 0.22% 1999 1,634 3.52% 0.22% 2000 1,653 3.39% 0.22% 2001 1,707 3.32% 0.22% 2002 1,770 3.25% 0.22% 2003 1,835 3.18% 0.22% 2004 1,902 3.10% 0.22% 2005 1,971 3.03% 0.22% _________________________________________________________________________________________________________


Petrol 88


5.17 PARAGUAY Petrol (million US $): Paraguay 1995 - 2005

Year Paraguay % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,028 2.54% 0.15% 1996 1,087 2.47% 0.15% 1997 1,110 2.45% 0.15% 1998 1,113 2.48% 0.15% 1999 1,114 2.39% 0.15% 2000 1,121 2.30% 0.15% 2001 1,163 2.26% 0.15% 2002 1,214 2.23% 0.15% 2003 1,267 2.19% 0.15% 2004 1,322 2.16% 0.15% 2005 1,380 2.12% 0.15% _________________________________________________________________________________________________________


5.18 PERU Petrol (million US $): Peru 1995 - 2005

Year Peru % of Region % of Globe _________________________________________________________________________________________________________ 1995 875 2.16% 0.13% 1996 911 2.07% 0.13% 1997 919 2.03% 0.13% 1998 942 2.10% 0.13% 1999 950 2.04% 0.13% 2000 956 1.96% 0.12% 2001 961 1.87% 0.12% 2002 967 1.77% 0.12% 2003 972 1.68% 0.11% 2004 978 1.59% 0.11% 2005 984 1.51% 0.11% _________________________________________________________________________________________________________


Petrol 89


5.19 SURINAME Petrol (million US $): Suriname 1995 - 2005

Year Suriname % of Region % of Globe _________________________________________________________________________________________________________ 1995 193 0.47% 0.00% 1996 208 0.47% 0.00% 1997 216 0.47% 0.00% 1998 220 0.49% 0.00% 1999 225 0.48% 0.00% 2000 229 0.47% 0.00% 2001 235 0.45% 0.00% 2002 241 0.44% 0.00% 2003 247 0.42% 0.03% 2004 253 0.41% 0.00% 2005 260 0.40% 0.00% _________________________________________________________________________________________________________


5.20 URUGUAY Petrol (million US $): Uruguay 1995 - 2005

Year Uruguay % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,275 3.15% 0.19% 1996 1,385 3.15% 0.20% 1997 1,452 3.21% 0.20% 1998 1,493 3.33% 0.21% 1999 1,532 3.30% 0.21% 2000 1,571 3.22% 0.21% 2001 1,602 3.11% 0.20% 2002 1,631 2.99% 0.20% 2003 1,662 2.88% 0.20% 2004 1,693 2.76% 0.19% 2005 1,724 2.65% 0.19% _________________________________________________________________________________________________________


Petrol 90


5.21 VENEZUELA Petrol (million US $): Venezuela 1995 - 2005

Year Venezuela % of Region % of Globe _________________________________________________________________________________________________________ 1995 643 1.59% 0.00% 1996 767 1.74% 0.11% 1997 775 1.71% 0.11% 1998 851 1.90% 0.12% 1999 885 1.90% 0.12% 2000 911 1.87% 0.12% 2001 939 1.82% 0.12% 2002 968 1.77% 0.12% 2003 999 1.73% 0.12% 2004 1,032 1.68% 0.12% 2005 1,067 1.64% 0.12% _________________________________________________________________________________________________________


Petrol 91


6 NORTH AMERICA & THE CARIBBEAN: PETROL

6.1 EXECUTIVE SUMMARY Market Potential for Petrol in North America & the Caribbean (million US $): 2000

Country Latent Demand million US $ % of North America & the Caribbean _________________________________________________________________________________________________________ United States 189,541 90.38% Canada 11,196 5.33% Cuba 1,458 0.69% Dominican Republic 1,249 0.59% Trinidad and Tobago 695 0.33% Jamaica 507 0.24% Bahamas 476 0.22% Haiti 418 0.19% Martinique 316 0.15% Barbados 251 0.11% Netherlands Antilles 240 0.11% Bermuda 217 0.10% St. Lucia 63 0.00% Antigua and Barbuda 60 0.00% Grenada 38 0.00% St. Vincent and the Grenadines 29 0.00% St. Kitts and Nevis 23 0.00% Dominica 21 0.00% Total 206,797 100.00% _________________________________________________________________________________________________________


Market Potential for Petrol in North America & the Caribbean (million US $): 2000

United States

CanadaCubaDominican Republic

Other

Petrol 92


The Market for Petrol in North America & the Caribbean: 1995 - 2005 Year million US $ % of Globe _________________________________________________________________________________________________________ 1995 188,478.75 28.81 1996 193,833.16 28.19 1997 199,514.01 28.37 1998 204,115.16 28.92 1999 207,019.43 28.63 2000 209,714.89 28.16 2001 212,554.63 27.64 2002 215,457.82 27.10 2003 218,408.99 26.54 2004 221,409.22 25.96 2005 224,459.62 25.37 _________________________________________________________________________________________________________


6.2 ANTIGUA AND BARBUDA Petrol (million US $): Antigua and Barbuda 1995 - 2005

Year Antigua and Barbuda % of Region % of Globe _________________________________________________________________________________________________________ 1995 55 0.00% 0.00% 1996 58 0.00% 0.00% 1997 59 0.02% 0.00% 1998 60 0.00% 0.00% 1999 60 0.00% 0.00% 2000 60 0.00% 0.00% 2001 62 0.00% 0.00% 2002 65 0.00% 0.00% 2003 68 0.00% 0.00% 2004 71 0.00% 0.00% 2005 74 0.00% 0.00% _________________________________________________________________________________________________________


Petrol 93


6.3 BAHAMAS Petrol (million US $): Bahamas 1995 - 2005

Year Bahamas % of Region % of Globe _________________________________________________________________________________________________________ 1995 414 0.21% 0.00% 1996 443 0.22% 0.00% 1997 457 0.22% 0.00% 1998 464 0.22% 0.00% 1999 469 0.22% 0.00% 2000 476 0.22% 0.00% 2001 490 0.23% 0.00% 2002 506 0.23% 0.00% 2003 523 0.23% 0.00% 2004 540 0.24% 0.00% 2005 557 0.24% 0.00% _________________________________________________________________________________________________________


6.4 BARBADOS Petrol (million US $): Barbados 1995 - 2005

Year Barbados % of Region % of Globe _________________________________________________________________________________________________________ 1995 218 0.11% 0.00% 1996 233 0.12% 0.00% 1997 241 0.12% 0.00% 1998 244 0.11% 0.00% 1999 247 0.11% 0.00% 2000 251 0.11% 0.00% 2001 258 0.12% 0.00% 2002 267 0.12% 0.03% 2003 275 0.12% 0.00% 2004 284 0.12% 0.00% 2005 294 0.13% 0.00% _________________________________________________________________________________________________________


Petrol 94


6.5 BERMUDA Petrol (million US $): Bermuda 1995 - 2005

Year Bermuda % of Region % of Globe _________________________________________________________________________________________________________ 1995 191 0.10% 0.02% 1996 204 0.10% 0.02% 1997 210 0.10% 0.02% 1998 212 0.10% 0.00% 1999 214 0.10% 0.00% 2000 217 0.10% 0.02% 2001 224 0.10% 0.00% 2002 232 0.10% 0.02% 2003 240 0.10% 0.00% 2004 248 0.11% 0.00% 2005 257 0.11% 0.00% _________________________________________________________________________________________________________


6.6 CANADA Petrol (million US $): Canada 1995 - 2005

Year Canada % of Region % of Globe _________________________________________________________________________________________________________ 1995 9,927 5.26% 1.51% 1996 10,460 5.39% 1.52% 1997 10,764 5.39% 1.53% 1998 10,714 5.24% 1.51% 1999 10,925 5.27% 1.51% 2000 11,196 5.33% 1.50% 2001 11,474 5.39% 1.49% 2002 11,759 5.45% 1.47% 2003 12,051 5.51% 1.46% 2004 12,350 5.57% 1.44% 2005 12,657 5.63% 1.43% _________________________________________________________________________________________________________


Petrol 95


6.7 CUBA Petrol (million US $): Cuba 1995 - 2005

Year Cuba % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,049 0.55% 0.16% 1996 1,200 0.61% 0.17% 1997 1,287 0.64% 0.18% 1998 1,352 0.66% 0.19% 1999 1,404 0.67% 0.19% 2000 1,458 0.69% 0.19% 2001 1,513 0.71% 0.19% 2002 1,571 0.72% 0.19% 2003 1,632 0.74% 0.19% 2004 1,695 0.76% 0.19% 2005 1,761 0.78% 0.19% _________________________________________________________________________________________________________


6.8 DOMINICA Petrol (million US $): Dominica 1995 - 2005

Year Dominica % of Region % of Globe _________________________________________________________________________________________________________ 1995 17 0.00% 0.00% 1996 19 0.00% 0.00% 1997 20 0.00% 0.00% 1998 20 0.00% 0.00% 1999 21 0.00% 0.00% 2000 21 0.00% 0.00% 2001 22 0.00% 0.00% 2002 22 0.00% 0.00% 2003 22 0.00% 0.00% 2004 23 0.01% 0.00% 2005 23 0.00% 0.00% _________________________________________________________________________________________________________


Petrol 96


6.9 DOMINICAN REPUBLIC Petrol (million US $): Dominican Republic 1995 - 2005

Year Dominican Republic % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,126 0.59% 0.17% 1996 1,195 0.61% 0.17% 1997 1,225 0.61% 0.17% 1998 1,233 0.60% 0.17% 1999 1,238 0.59% 0.17% 2000 1,249 0.59% 0.16% 2001 1,293 0.60% 0.16% 2002 1,345 0.62% 0.16% 2003 1,399 0.64% 0.16% 2004 1,455 0.65% 0.17% 2005 1,513 0.67% 0.17% _________________________________________________________________________________________________________


6.10 GRENADA Petrol (million US $): Grenada 1995 - 2005

Year Grenada % of Region % of Globe _________________________________________________________________________________________________________ 1995 34 0.00% 0.00% 1996 36 0.00% 0.00% 1997 37 0.00% 0.00% 1998 37 0.01% 0.00% 1999 37 0.00% 0.00% 2000 38 0.00% 0.00% 2001 39 0.01% 0.00% 2002 41 0.00% 0.00% 2003 42 0.00% 0.00% 2004 44 0.00% 0.00% 2005 45 0.00% 0.00% _________________________________________________________________________________________________________


Petrol 97


6.11 HAITI Petrol (million US $): Haiti 1995 - 2005

Year Haiti % of Region % of Globe _________________________________________________________________________________________________________ 1995 386 0.20% 0.00% 1996 408 0.21% 0.00% 1997 416 0.20% 0.00% 1998 417 0.20% 0.00% 1999 416 0.20% 0.00% 2000 418 0.19% 0.00% 2001 435 0.20% 0.00% 2002 455 0.21% 0.00% 2003 475 0.21% 0.00% 2004 496 0.22% 0.00% 2005 519 0.23% 0.00% _________________________________________________________________________________________________________


6.12 JAMAICA Petrol (million US $): Jamaica 1995 - 2005

Year Jamaica % of Region % of Globe _________________________________________________________________________________________________________ 1995 428 0.22% 0.00% 1996 461 0.23% 0.00% 1997 479 0.23% 0.00% 1998 488 0.23% 0.06% 1999 497 0.24% 0.00% 2000 507 0.24% 0.00% 2001 520 0.24% 0.00% 2002 533 0.24% 0.00% 2003 548 0.25% 0.00% 2004 562 0.25% 0.00% 2005 577 0.25% 0.00% _________________________________________________________________________________________________________


Petrol 98


6.13 MARTINIQUE Petrol (million US $): Martinique 1995 - 2005

Year Martinique % of Region % of Globe _________________________________________________________________________________________________________ 1995 261 0.13% 0.00% 1996 283 0.14% 0.04% 1997 295 0.14% 0.00% 1998 302 0.14% 0.00% 1999 309 0.14% 0.00% 2000 316 0.15% 0.00% 2001 323 0.15% 0.00% 2002 330 0.15% 0.00% 2003 337 0.15% 0.00% 2004 345 0.15% 0.00% 2005 353 0.15% 0.00% _________________________________________________________________________________________________________


6.14 NETHERLANDS ANTILLES Petrol (million US $): Netherlands Antilles 1995 - 2005

Year Netherlands Antilles % of Region % of Globe _________________________________________________________________________________________________________ 1995 208 0.11% 0.00% 1996 222 0.11% 0.00% 1997 230 0.11% 0.00% 1998 233 0.11% 0.00% 1999 236 0.11% 0.00% 2000 240 0.11% 0.00% 2001 247 0.11% 0.00% 2002 255 0.11% 0.00% 2003 263 0.12% 0.00% 2004 271 0.12% 0.00% 2005 280 0.12% 0.00% _________________________________________________________________________________________________________


Petrol 99


6.15 ST. KITTS AND NEVIS Petrol (million US $): St. Kitts and Nevis 1995 - 2005

Year St. Kitts and Nevis % of Region % of Globe _________________________________________________________________________________________________________ 1995 21 0.00% 0.00% 1996 22 0.01% 0.00% 1997 23 0.00% 0.00% 1998 23 0.00% 0.00% 1999 23 0.00% 0.00% 2000 23 0.00% 0.00% 2001 24 0.00% 0.00% 2002 25 0.00% 0.00% 2003 26 0.00% 0.00% 2004 27 0.00% 0.00% 2005 28 0.00% 0.00% _________________________________________________________________________________________________________


6.16 ST. LUCIA Petrol (million US $): St. Lucia 1995 - 2005

Year St. Lucia % of Region % of Globe _________________________________________________________________________________________________________ 1995 55 0.00% 0.00% 1996 59 0.00% 0.00% 1997 61 0.00% 0.00% 1998 62 0.00% 0.00% 1999 62 0.00% 0.00% 2000 63 0.00% 0.00% 2001 65 0.00% 0.00% 2002 67 0.00% 0.00% 2003 70 0.00% 0.00% 2004 72 0.00% 0.00% 2005 74 0.00% 0.00% _________________________________________________________________________________________________________


Petrol 100


6.17 ST. VINCENT AND THE GRENADINES Petrol (million US $): St. Vincent and the Grenadines 1995 - 2005

Year St. Vincent and the Grenadines % of Region % of Globe _________________________________________________________________________________________________________ 1995 24 0.00% 0.00% 1996 26 0.00% 0.00% 1997 27 0.00% 0.00% 1998 28 0.00% 0.00% 1999 28 0.00% 0.00% 2000 29 0.00% 0.00% 2001 29 0.00% 0.00% 2002 30 0.00% 0.00% 2003 31 0.00% 0.00% 2004 32 0.00% 0.00% 2005 32 0.00% 0.00% _________________________________________________________________________________________________________


6.18 TRINIDAD AND TOBAGO Petrol (million US $): Trinidad and Tobago 1995 - 2005

Year Trinidad and Tobago % of Region % of Globe _________________________________________________________________________________________________________ 1995 626 0.33% 0.00% 1996 665 0.34% 0.00% 1997 682 0.34% 0.00% 1998 686 0.33% 0.00% 1999 689 0.33% 0.00% 2000 695 0.33% 0.00% 2001 720 0.33% 0.00% 2002 748 0.34% 0.00% 2003 778 0.35% 0.00% 2004 810 0.36% 0.00% 2005 842 0.37% 0.00% _________________________________________________________________________________________________________


Petrol 101


6.19 UNITED STATES Petrol (million US $): United States 1995 - 2005

Year United States % of Region % of Globe _________________________________________________________________________________________________________ 1995 171,286 90.87% 26.17% 1996 175,394 90.48% 25.50% 1997 180,382 90.41% 25.64% 1998 184,818 90.54% 26.18% 1999 187,324 90.48% 25.90% 2000 189,541 90.38% 25.45% 2001 191,784 90.22% 24.93% 2002 194,054 90.06% 24.40% 2003 196,350 89.90% 23.85% 2004 198,674 89.73% 23.29% 2005 201,025 89.55% 22.72% _________________________________________________________________________________________________________


Petrol 102


7 OCEANA: PETROL

7.1 EXECUTIVE SUMMARY Market Potential for Petrol in Oceana (million US $): 2000

Country Latent Demand million US $ % of Oceana _________________________________________________________________________________________________________ Australia 12,157 76.86% New Zealand 2,435 15.39% Fiji 211 1.33% Solomon Islands 44 0.27% American Samoa 35 0.22% Nauru 29 0.18% Vanuatu 29 0.18% Tonga 20 0.12% Micronesia Federation 13 0.00% Palau 12 0.00% Marshall Islands 10 0.00% Kiribati 8 0.00% Tuvalu 1 0.00% Total 15,005 100.00% _________________________________________________________________________________________________________


Market Potential for Petrol in Oceana (million US $): 2000

Australia

New ZealandFijiSolomon Islands

Other

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The Market for Petrol in Oceana: 1995 - 2005 Year million US $ % of Globe _________________________________________________________________________________________________________ 1995 15,410.84 2.36 1996 16,548.61 2.41 1997 16,299.62 2.32 1998 14,928.62 2.11 1999 15,204.39 2.10 2000 15,817.24 2.12 2001 16,472.91 2.14 2002 17,167.17 2.16 2003 17,901.51 2.17 2004 18,679.02 2.19 2005 19,503.08 2.20 _________________________________________________________________________________________________________


7.2 AMERICAN SAMOA Petrol (million US $): American Samoa 1995 - 2005

Year American Samoa % of Region % of Globe _________________________________________________________________________________________________________ 1995 29 0.19% 0.00% 1996 32 0.19% 0.00% 1997 33 0.20% 0.00% 1998 34 0.22% 0.00% 1999 35 0.22% 0.00% 2000 35 0.22% 0.00% 2001 36 0.22% 0.00% 2002 37 0.21% 0.00% 2003 38 0.21% 0.00% 2004 39 0.20% 0.00% 2005 40 0.20% 0.00% _________________________________________________________________________________________________________


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7.3 AUSTRALIA Petrol (million US $): Australia 1995 - 2005

Year Australia % of Region % of Globe _________________________________________________________________________________________________________ 1995 12,019 77.99% 1.83% 1996 12,836 77.56% 1.86% 1997 12,629 77.48% 1.79% 1998 11,641 77.97% 1.64% 1999 11,788 77.53% 1.63% 2000 12,157 76.86% 1.63% 2001 12,538 76.11% 1.63% 2002 12,930 75.31% 1.62% 2003 13,335 74.49% 1.62% 2004 13,752 73.62% 1.61% 2005 14,183 72.72% 1.60% _________________________________________________________________________________________________________


7.4 FIJI Petrol (million US $): Fiji 1995 - 2005

Year Fiji % of Region % of Globe _________________________________________________________________________________________________________ 1995 184 1.19% 0.02% 1996 197 1.18% 0.00% 1997 203 1.24% 0.00% 1998 206 1.37% 0.00% 1999 208 1.36% 0.00% 2000 211 1.33% 0.00% 2001 217 1.31% 0.02% 2002 224 1.30% 0.00% 2003 232 1.29% 0.00% 2004 240 1.28% 0.00% 2005 248 1.27% 0.00% _________________________________________________________________________________________________________


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7.5 KIRIBATI Petrol (million US $): Kiribati 1995 - 2005

Year Kiribati % of Region % of Globe _________________________________________________________________________________________________________ 1995 7 0.04% 0.00% 1996 8 0.00% 0.00% 1997 8 0.00% 0.00% 1998 8 0.00% 0.00% 1999 8 0.00% 0.00% 2000 8 0.00% 0.00% 2001 9 0.05% 0.00% 2002 9 0.00% 0.00% 2003 9 0.05% 0.00% 2004 10 0.00% 0.00% 2005 10 0.00% 0.00% _________________________________________________________________________________________________________


7.6 MARSHALL ISLANDS Petrol (million US $): Marshall Islands 1995 - 2005

Year Marshall Islands % of Region % of Globe _________________________________________________________________________________________________________ 1995 9 0.00% 0.00% 1996 9 0.00% 0.00% 1997 10 0.00% 0.00% 1998 10 0.00% 0.00% 1999 10 0.00% 0.00% 2000 10 0.00% 0.00% 2001 11 0.00% 0.00% 2002 11 0.00% 0.00% 2003 11 0.00% 0.00% 2004 12 0.06% 0.00% 2005 12 0.00% 0.00% _________________________________________________________________________________________________________


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7.7 MICRONESIA FEDERATION Petrol (million US $): Micronesia Federation 1995 - 2005

Year Micronesia Federation % of Region % of Globe _________________________________________________________________________________________________________ 1995 11 0.07% 0.00% 1996 12 0.00% 0.00% 1997 13 0.07% 0.00% 1998 13 0.00% 0.00% 1999 13 0.00% 0.00% 2000 13 0.00% 0.00% 2001 14 0.00% 0.00% 2002 14 0.00% 0.00% 2003 15 0.00% 0.00% 2004 15 0.00% 0.00% 2005 15 0.00% 0.00% _________________________________________________________________________________________________________


7.8 NAURU Petrol (million US $): Nauru 1995 - 2005

Year Nauru % of Region % of Globe _________________________________________________________________________________________________________ 1995 24 0.15% 0.00% 1996 26 0.15% 0.00% 1997 27 0.16% 0.00% 1998 28 0.18% 0.00% 1999 29 0.18% 0.00% 2000 29 0.18% 0.00% 2001 30 0.18% 0.00% 2002 31 0.17% 0.00% 2003 31 0.17% 0.00% 2004 32 0.17% 0.00% 2005 33 0.16% 0.00% _________________________________________________________________________________________________________


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7.9 NEW ZEALAND Petrol (million US $): New Zealand 1995 - 2005

Year New Zealand % of Region % of Globe _________________________________________________________________________________________________________ 1995 2,355 15.27% 0.35% 1996 2,597 15.69% 0.37% 1997 2,511 15.40% 0.35% 1998 2,105 14.10% 0.29% 1999 2,213 14.55% 0.30% 2000 2,435 15.39% 0.32% 2001 2,678 16.25% 0.34% 2002 2,946 17.16% 0.37% 2003 3,241 18.10% 0.39% 2004 3,565 19.08% 0.41% 2005 3,921 20.10% 0.44% _________________________________________________________________________________________________________


7.10 PALAU Petrol (million US $): Palau 1995 - 2005

Year Palau % of Region % of Globe _________________________________________________________________________________________________________ 1995 10 0.00% 0.00% 1996 10 0.00% 0.00% 1997 11 0.00% 0.00% 1998 11 0.00% 0.00% 1999 11 0.00% 0.00% 2000 12 0.00% 0.00% 2001 12 0.00% 0.00% 2002 12 0.00% 0.00% 2003 12 0.00% 0.00% 2004 13 0.00% 0.00% 2005 13 0.00% 0.00% _________________________________________________________________________________________________________


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7.11 SOLOMON ISLANDS Petrol (million US $): Solomon Islands 1995 - 2005

Year Solomon Islands % of Region % of Globe _________________________________________________________________________________________________________ 1995 43 0.28% 0.00% 1996 45 0.27% 0.00% 1997 46 0.27% 0.00% 1998 45 0.30% 0.00% 1999 44 0.29% 0.00% 2000 44 0.27% 0.00% 2001 46 0.28% 0.00% 2002 49 0.28% 0.00% 2003 52 0.28% 0.00% 2004 55 0.29% 0.00% 2005 58 0.29% 0.00% _________________________________________________________________________________________________________


7.12 TONGA Petrol (million US $): Tonga 1995 - 2005

Year Tonga % of Region % of Globe _________________________________________________________________________________________________________ 1995 19 0.12% 0.00% 1996 20 0.11% 0.00% 1997 20 0.12% 0.00% 1998 20 0.13% 0.00% 1999 20 0.13% 0.00% 2000 20 0.12% 0.00% 2001 21 0.12% 0.00% 2002 22 0.12% 0.00% 2003 23 0.12% 0.00% 2004 24 0.12% 0.00% 2005 25 0.12% 0.00% _________________________________________________________________________________________________________


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7.13 TUVALU Petrol (million US $): Tuvalu 1995 - 2005

Year Tuvalu % of Region % of Globe _________________________________________________________________________________________________________ 1995 1 0.00% 0.00% 1996 1 0.00% 0.00% 1997 1 0.00% 0.00% 1998 1 0.00% 0.00% 1999 1 0.00% 0.00% 2000 1 0.00% 0.00% 2001 1 0.00% 0.00% 2002 1 0.00% 0.00% 2003 1 0.00% 0.00% 2004 1 0.00% 0.00% 2005 1 0.00% 0.00% _________________________________________________________________________________________________________


7.14 VANUATU Petrol (million US $): Vanuatu 1995 - 2005

Year Vanuatu % of Region % of Globe _________________________________________________________________________________________________________ 1995 25 0.16% 0.00% 1996 27 0.16% 0.00% 1997 28 0.17% 0.00% 1998 28 0.19% 0.00% 1999 29 0.18% 0.00% 2000 29 0.18% 0.00% 2001 30 0.18% 0.00% 2002 31 0.18% 0.00% 2003 32 0.17% 0.00% 2004 33 0.17% 0.00% 2005 34 0.17% 0.00% _________________________________________________________________________________________________________


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8 THE MIDDLE EAST: PETROL

8.1 EXECUTIVE SUMMARY Market Potential for Petrol in the Middle East (million US $): 2000

Country Latent Demand million US $ % of the Middle East _________________________________________________________________________________________________________ Iran 15,541 33.43% Turkey 2,448 5.26% Armenia 2,258 4.85% Oman 2,199 4.73% Tajikistan 2,161 4.64% Kyrgyzstan 2,065 4.44% Turkmenistan 2,015 4.33% Yemen 1,800 3.87% Kuwait 1,624 3.49% United Arab Emirates 1,620 3.48% Israel 1,401 3.01% Iraq 1,336 2.87% Qatar 1,336 2.87% Jordan 1,330 2.86% Uzbekistan 1,324 2.84% Azerbaijan 1,291 2.77% Syrian Arab Republic 1,122 2.41% Lebanon 914 1.96% Pakistan 839 1.80% Afghanistan 654 1.40% Bahrain 637 1.37% Saudi Arabia 286 0.61% Total 46,201 100.00% _________________________________________________________________________________________________________


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Market Potential for Petrol in the Middle East (million US $): 2000

Iran

TurkeyArmenia

Oman

Other

The Market for Petrol in the Middle East: 1995 - 2005



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8.2 AFGHANISTAN Petrol (million US $): Afghanistan 1995 - 2005

Year Afghanistan % of Region % of Globe _________________________________________________________________________________________________________ 1995 541 1.36% 0.00% 1996 585 1.35% 0.00% 1997 611 1.37% 0.00% 1998 626 1.43% 0.00% 1999 640 1.43% 0.00% 2000 654 1.40% 0.00% 2001 668 1.37% 0.00% 2002 684 1.34% 0.00% 2003 699 1.31% 0.08% 2004 715 1.28% 0.00% 2005 731 1.24% 0.00% _________________________________________________________________________________________________________


8.3 ARMENIA Petrol (million US $): Armenia 1995 - 2005

Year Armenia % of Region % of Globe _________________________________________________________________________________________________________ 1995 2,118 5.33% 0.32% 1996 2,228 5.16% 0.32% 1997 2,266 5.10% 0.32% 1998 2,262 5.20% 0.32% 1999 2,253 5.04% 0.31% 2000 2,258 4.85% 0.30% 2001 2,352 4.84% 0.30% 2002 2,466 4.85% 0.31% 2003 2,585 4.85% 0.31% 2004 2,709 4.85% 0.31% 2005 2,840 4.84% 0.32% _________________________________________________________________________________________________________


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8.4 AZERBAIJAN Petrol (million US $): Azerbaijan 1995 - 2005

Year Azerbaijan % of Region % of Globe _________________________________________________________________________________________________________ 1995 945 2.37% 0.14% 1996 1,071 2.48% 0.15% 1997 1,144 2.57% 0.16% 1998 1,201 2.76% 0.17% 1999 1,246 2.78% 0.17% 2000 1,291 2.77% 0.17% 2001 1,338 2.75% 0.17% 2002 1,386 2.72% 0.17% 2003 1,437 2.70% 0.17% 2004 1,490 2.66% 0.17% 2005 1,545 2.63% 0.17% _________________________________________________________________________________________________________


8.5 BAHRAIN Petrol (million US $): Bahrain 1995 - 2005

Year Bahrain % of Region % of Globe _________________________________________________________________________________________________________ 1995 519 1.30% 0.00% 1996 563 1.30% 0.00% 1997 590 1.32% 0.00% 1998 606 1.39% 0.00% 1999 622 1.39% 0.00% 2000 637 1.37% 0.00% 2001 650 1.33% 0.00% 2002 662 1.30% 0.08% 2003 675 1.26% 0.00% 2004 688 1.23% 0.00% 2005 701 1.19% 0.00% _________________________________________________________________________________________________________


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8.6 IRAN Petrol (million US $): Iran 1995 - 2005

Year Iran % of Region % of Globe _________________________________________________________________________________________________________ 1995 11,084 27.91% 1.69% 1996 12,308 28.50% 1.78% 1997 13,245 29.83% 1.88% 1998 13,624 31.34% 1.93% 1999 14,496 32.43% 2.00% 2000 15,541 33.43% 2.08% 2001 16,678 34.34% 2.16% 2002 17,915 35.26% 2.25% 2003 19,262 36.19% 2.34% 2004 20,730 37.14% 2.43% 2005 22,331 38.10% 2.52% _________________________________________________________________________________________________________


8.7 IRAQ Petrol (million US $): Iraq 1995 - 2005

Year Iraq % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,719 4.32% 0.26% 1996 1,570 3.63% 0.22% 1997 1,442 3.24% 0.20% 1998 1,348 3.10% 0.19% 1999 1,335 2.98% 0.18% 2000 1,336 2.87% 0.17% 2001 1,338 2.75% 0.17% 2002 1,341 2.64% 0.16% 2003 1,345 2.52% 0.16% 2004 1,349 2.41% 0.15% 2005 1,354 2.31% 0.15% _________________________________________________________________________________________________________


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8.8 ISRAEL Petrol (million US $): Israel 1995 - 2005

Year Israel % of Region % of Globe _________________________________________________________________________________________________________ 1995 942 2.37% 0.14% 1996 1,168 2.70% 0.16% 1997 1,283 2.88% 0.18% 1998 1,331 3.06% 0.18% 1999 1,366 3.05% 0.18% 2000 1,401 3.01% 0.18% 2001 1,437 2.95% 0.18% 2002 1,473 2.90% 0.18% 2003 1,511 2.83% 0.18% 2004 1,549 2.77% 0.18% 2005 1,589 2.71% 0.17% _________________________________________________________________________________________________________


8.9 JORDAN Petrol (million US $): Jordan 1995 - 2005

Year Jordan % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,273 3.20% 0.19% 1996 1,334 3.08% 0.19% 1997 1,350 3.04% 0.19% 1998 1,342 3.08% 0.19% 1999 1,331 2.97% 0.18% 2000 1,330 2.86% 0.17% 2001 1,389 2.86% 0.18% 2002 1,462 2.87% 0.18% 2003 1,539 2.89% 0.18% 2004 1,620 2.90% 0.18% 2005 1,705 2.91% 0.19% _________________________________________________________________________________________________________


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8.10 KUWAIT Petrol (million US $): Kuwait 1995 - 2005

Year Kuwait % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,154 2.90% 0.17% 1996 1,328 3.07% 0.19% 1997 1,430 3.22% 0.20% 1998 1,502 3.45% 0.21% 1999 1,562 3.49% 0.21% 2000 1,624 3.49% 0.21% 2001 1,689 3.47% 0.21% 2002 1,756 3.45% 0.22% 2003 1,827 3.43% 0.22% 2004 1,900 3.40% 0.22% 2005 1,977 3.37% 0.22% _________________________________________________________________________________________________________


8.11 KYRGYZSTAN Petrol (million US $): Kyrgyzstan 1995 - 2005

Year Kyrgyzstan % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,627 4.09% 0.24% 1996 1,778 4.11% 0.25% 1997 1,876 4.22% 0.26% 1998 1,941 4.46% 0.27% 1999 2,005 4.48% 0.27% 2000 2,065 4.44% 0.27% 2001 2,096 4.31% 0.27% 2002 2,122 4.17% 0.26% 2003 2,149 4.03% 0.26% 2004 2,176 3.89% 0.25% 2005 2,203 3.75% 0.24% _________________________________________________________________________________________________________


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8.12 LEBANON Petrol (million US $): Lebanon 1995 - 2005

Year Lebanon % of Region % of Globe _________________________________________________________________________________________________________ 1995 875 2.20% 0.13% 1996 917 2.12% 0.13% 1997 929 2.09% 0.13% 1998 923 2.12% 0.13% 1999 915 2.04% 0.12% 2000 914 1.96% 0.12% 2001 955 1.96% 0.12% 2002 1,006 1.97% 0.12% 2003 1,059 1.98% 0.12% 2004 1,114 1.99% 0.13% 2005 1,173 2.00% 0.13% _________________________________________________________________________________________________________


8.13 OMAN Petrol (million US $): Oman 1995 - 2005

Year Oman % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,983 4.99% 0.30% 1996 2,104 4.87% 0.30% 1997 2,158 4.85% 0.30% 1998 2,171 4.99% 0.30% 1999 2,180 4.87% 0.30% 2000 2,199 4.73% 0.29% 2001 2,277 4.69% 0.29% 2002 2,369 4.66% 0.29% 2003 2,464 4.62% 0.29% 2004 2,562 4.59% 0.30% 2005 2,665 4.54% 0.30% _________________________________________________________________________________________________________


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8.14 PAKISTAN Petrol (million US $): Pakistan 1995 - 2005

Year Pakistan % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,238 3.11% 0.18% 1996 1,376 3.18% 0.20% 1997 1,333 3.00% 0.18% 1998 898 2.06% 0.12% 1999 831 1.85% 0.11% 2000 839 1.80% 0.11% 2001 847 1.74% 0.11% 2002 856 1.68% 0.10% 2003 864 1.62% 0.10% 2004 873 1.56% 0.10% 2005 883 1.50% 0.00% _________________________________________________________________________________________________________


8.15 QATAR Petrol (million US $): Qatar 1995 - 2005

Year Qatar % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,097 2.76% 0.16% 1996 1,188 2.75% 0.17% 1997 1,243 2.79% 0.17% 1998 1,275 2.93% 0.18% 1999 1,305 2.92% 0.18% 2000 1,336 2.87% 0.17% 2001 1,364 2.81% 0.17% 2002 1,393 2.74% 0.17% 2003 1,422 2.67% 0.17% 2004 1,452 2.60% 0.17% 2005 1,482 2.52% 0.16% _________________________________________________________________________________________________________


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8.16 SAUDI ARABIA Petrol (million US $): Saudi Arabia 1995 - 2005

Year Saudi Arabia % of Region % of Globe _________________________________________________________________________________________________________ 1995 759 1.91% 0.11% 1996 831 1.92% 0.12% 1997 729 1.64% 0.10% 1998 314 0.72% 0.00% 1999 264 0.58% 0.00% 2000 286 0.61% 0.00% 2001 310 0.63% 0.00% 2002 336 0.66% 0.04% 2003 364 0.68% 0.00% 2004 395 0.70% 0.00% 2005 428 0.73% 0.00% _________________________________________________________________________________________________________


8.17 SYRIAN ARAB REPUBLIC Petrol (million US $): Syrian Arab Republic 1995 - 2005

Year Syrian Arab Republic % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,025 2.58% 0.15% 1996 1,072 2.48% 0.15% 1997 1,082 2.43% 0.15% 1998 1,106 2.54% 0.15% 1999 1,115 2.49% 0.15% 2000 1,122 2.41% 0.15% 2001 1,129 2.32% 0.14% 2002 1,135 2.23% 0.14% 2003 1,142 2.14% 0.13% 2004 1,149 2.05% 0.13% 2005 1,156 1.97% 0.13% _________________________________________________________________________________________________________


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8.18 TAJIKISTAN Petrol (million US $): Tajikistan 1995 - 2005

Year Tajikistan % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,614 4.06% 0.24% 1996 1,785 4.13% 0.25% 1997 1,905 4.28% 0.27% 1998 1,993 4.58% 0.28% 1999 2,081 4.65% 0.28% 2000 2,161 4.64% 0.29% 2001 2,176 4.48% 0.28% 2002 2,180 4.29% 0.27% 2003 2,185 4.10% 0.26% 2004 2,189 3.92% 0.25% 2005 2,193 3.74% 0.24% _________________________________________________________________________________________________________


8.19 TURKEY Petrol (million US $): Turkey 1995 - 2005

Year Turkey % of Region % of Globe _________________________________________________________________________________________________________ 1995 3,204 8.06% 0.48% 1996 3,414 7.90% 0.49% 1997 2,980 6.71% 0.42% 1998 2,185 5.02% 0.30% 1999 2,232 4.99% 0.30% 2000 2,448 5.26% 0.32% 2001 2,685 5.52% 0.34% 2002 2,945 5.79% 0.37% 2003 3,230 6.06% 0.39% 2004 3,542 6.34% 0.41% 2005 3,885 6.62% 0.43% _________________________________________________________________________________________________________


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8.20 TURKMENISTAN Petrol (million US $): Turkmenistan 1995 - 2005

Year Turkmenistan % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,536 3.86% 0.23% 1996 1,691 3.91% 0.24% 1997 1,797 4.04% 0.25% 1998 1,872 4.30% 0.26% 1999 1,947 4.35% 0.26% 2000 2,015 4.33% 0.27% 2001 2,036 4.19% 0.26% 2002 2,048 4.03% 0.25% 2003 2,060 3.87% 0.25% 2004 2,072 3.71% 0.24% 2005 2,084 3.55% 0.23% _________________________________________________________________________________________________________


8.21 UNITED ARAB EMIRATES Petrol (million US $): United Arab Emirates 1995 - 2005

Year United Arab Emirates % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,477 3.71% 0.22% 1996 1,553 3.59% 0.22% 1997 1,572 3.53% 0.22% 1998 1,596 3.67% 0.22% 1999 1,609 3.60% 0.22% 2000 1,620 3.48% 0.21% 2001 1,630 3.35% 0.21% 2002 1,641 3.22% 0.20% 2003 1,652 3.10% 0.20% 2004 1,662 2.97% 0.19% 2005 1,673 2.85% 0.18% _________________________________________________________________________________________________________


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8.22 UZBEKISTAN Petrol (million US $): Uzbekistan 1995 - 2005

Year Uzbekistan % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,108 2.79% 0.16% 1996 1,325 3.06% 0.19% 1997 1,397 3.14% 0.19% 1998 1,289 2.96% 0.18% 1999 1,294 2.89% 0.17% 2000 1,324 2.84% 0.17% 2001 1,354 2.78% 0.17% 2002 1,385 2.72% 0.17% 2003 1,417 2.66% 0.17% 2004 1,449 2.59% 0.16% 2005 1,482 2.52% 0.16% _________________________________________________________________________________________________________


8.23 YEMEN Petrol (million US $): Yemen 1995 - 2005

Year Yemen % of Region % of Globe _________________________________________________________________________________________________________ 1995 1,627 4.09% 0.24% 1996 1,726 3.99% 0.25% 1997 1,769 3.98% 0.25% 1998 1,779 4.09% 0.25% 1999 1,785 3.99% 0.24% 2000 1,800 3.87% 0.24% 2001 1,865 3.84% 0.24% 2002 1,940 3.81% 0.24% 2003 2,019 3.79% 0.24% 2004 2,101 3.76% 0.24% 2005 2,186 3.73% 0.24% _________________________________________________________________________________________________________


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9 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS

9.1 DISCLAIMERS & SAFE HARBOR

Summary disclaimer. This publication ("Report") does not constitute legal, valuation, tax, or financial consulting advice. Nor is it a statement on the performance, management capability or future potential (good or bad) of the company(ies), industry(ies), product(s), region(s), city(ies) or country(ies) discussed. It is offered as an information service to clients, associates, and academicians. Those interested in specific guidance for legal, strategic, and/or financial or accounting matters should seek competent professional assistance from their own advisors.

Information was furnished to Icon Group Ltd. ("Icon Group"), and its subsidiaries (Icon Group International, Inc.), by its internal researchers and/or extracted from public filings, or sources available within the public domain, including other information providers (e.g. EDGAR filings, national organizations and international organizations). Icon Group does not promise or warrant that we will obtain information from any particular independent source. Published regularly by Icon Group, this and similar reports provide analysis on cities, countries, industries, and/or foreign and domestic companies which may or may not be publicly traded. Icon Group reports are used by various companies and persons including consulting firms, investment officers, pension fund managers, registered representatives, and other financial service professionals. Any commentary, observations or discussion by Icon Group about a country, city, region, industry or company does not constitute a recommendation to buy or sell company shares or make investment decisions. Further, the financial condition or outlook for each industry, city, country, or company may change after the date of the publication, and Icon Group does not warrant, promise or represent that it will provide report users with notice of that change, nor will Icon Group promise updates on the information presented.

Safe Harbor for Forward-Looking Statements. Icon Group reports, including the present report, make numerous forward-looking statements which should be treated as such. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995, and similar local laws. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's, city's, country's or industry's actual results or outlook in future periods to differ materially from those forecasted. These risks and uncertainties include, among other things, product price volatility, exchange rate volatility, regulation volatility, product demand volatility, data inaccuracies, computer- or software-genereted calculation innacuracies, market competition, changes in management style, changes in corporate strategy, and risks inherent in international and corporate operations. Forward-looking statements can be identified in statements by the fact that they do not relate strictly to historical or current facts. They use words such as "anticipate,'' "estimate," "expect,'' "project,'' "intend,'' "plan,'' "feel", "think", "hear," "guess," "forecast," "believe," and other words and terms of similar

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meaning in connection with any discussion of future operating, economic or financial performance. This equally applies to all statements relating to an industry, city, country, region, economic variable or company financial situation. Icon Group recommends that the reader follow the advice of Nancy M. Smith, Director of SEC's Office of Investor Education and Assistance, who has been quoted to say, "Never, ever, make an investment based solely on what you read in an online newsletter or Internet bulletin board, especially if the investment involves a small, thinly-traded company that isn't well known … Assume that the information about these companies is not trustworthy unless you can prove otherwise through your own independent research." Similar recommendations apply to decisions relating to industry studies, product category studies, corporate strategies discussions and country evaluations. In the case of Icon Group reports, many factors can affect the actual outcome of the period discussed, including exchange rate volatility, changes in accounting standards, the lack of oversight or comparability in accounting standards, changes in economic conditions, changes in competition, changes in the global economy, changes in source data quality, changes in reported data quality, changes in methodology and similar factors. Information Accuracy. Although the statements in this report are derived from or based upon various information sources and/or econometric models that Icon Group believes to be reliable, we do not guarantee their accuracy, reliability, quality, and any such information, or resulting analyses, may be incomplete, rounded, inaccurate or condensed. All estimates included in this report are subject to change without notice. This report is for informational purposes only and is not intended as a recommendation to invest in a city, country, industry or product area, or an offer or solicitation with respect to the purchase or sale of a security, stock, or financial instrument. This report does not take into account the investment objectives, financial situation or particular needs of any particular person or legal entity. With respect to any specific company, city, country, region, or industry that might be discussed in this report, investors should obtain individual financial advice based on their own particular circumstances before making an investment decision on the basis of the information in this report. Investing in either U.S. or non-U.S. securities or markets entails inherent risks. In addition, exchange rate movements may have an effect on the reliability of the estimates provided in this report. Icon Group is not a registered Investment Adviser or a Broker/Dealer.

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Documents

The 2000-2005 World Outlook for Petrol (Strategic Planning Series)