Saudi Arabia accounted for 6.4 percent of global crude oil production. Qatar exported 59.2 million tonnes of liquefied natural gas. Gulf Energy and Industry statistics cover these supply volumes along with regional power mixes and renewable capacity targets.
Key Takeaways
- ~2.4 million b/d crude oil production in 2023 for Iraq—Gulf-region supply benchmark
- Qatar exported 59.2 million tonnes of LNG in 2023—largest single LNG exporter in the region by volume
- Oman produced 11.9 billion cubic meters of natural gas in 2022—baseline for Gulf gas production
- Mineral fuels, oils, distillation products accounted for 59.7% of United Arab Emirates’ merchandise exports in 2023—export structure by category
- 6.4% share of global crude oil production in 2023 for Saudi Arabia—contributes a measurable portion of worldwide supply
- 2.6 million b/d crude oil production in 2023 for the United Arab Emirates—quantifies UAE’s oil output level
- 43.0 billion cubic meters of natural gas production in 2022 for Saudi Arabia—measures Saudi Arabia’s gas output scale
- 11.9% of Bahrain’s electricity came from renewables in 2022—quantifies renewables share in power generation
- 0.8% of Oman’s electricity came from renewables in 2022—quantifies renewables share in power generation
- 52% of Saudi Arabia’s electricity generation capacity planned for 2030 is expected to be from renewables—quantifies transition target share
- 84.2% of UAE electricity generation came from natural gas in 2022—shows the gas share in power mix
- 45.7% of Saudi Arabia electricity generation came from natural gas in 2022—shows the gas share in power mix
- 31.5% of Kuwait electricity generation came from natural gas in 2022—shows the gas share in power mix
- 7.4% year-on-year growth in Middle East oil demand in 2023—quantifies demand momentum
- 24.3% of Iran’s total merchandise exports were mineral fuels (HS27) in 2023—quantifies Iran’s export category share
The Gulf is driving oil and LNG supply while expanding gas and renewables, with renewables and efficiency targets accelerating.
Related reading
01 · Category
Supply And Demand4 stats
01
~2.4 million b/d crude oil production in 2023 for Iraq—Gulf-region supply benchmark[1]
02
Qatar exported 59.2 million tonnes of LNG in 2023—largest single LNG exporter in the region by volume[1]
03
Oman produced 11.9 billion cubic meters of natural gas in 2022—baseline for Gulf gas production[1]
04
Iran held 8.3% of global proved crude oil reserves as of end-2023—share of global oil stock[2]
Interpretation
Supply And Demand Interpretation
For the Supply And Demand picture across the Gulf, production and export scales are highly uneven, with Iraq producing about 2.4 million barrels per day of crude in 2023 while Qatar exported 59.2 million tonnes of LNG in 2023 and Iran alone holds 8.3% of global proved crude oil reserves, underscoring how the region’s energy balance is driven more by concentrated exporters and reserve holders than by broad-based output.
02 · Category
Energy Transition4 stats
01
11.9% of Bahrain’s electricity came from renewables in 2022—quantifies renewables share in power generation[3]
02
0.8% of Oman’s electricity came from renewables in 2022—quantifies renewables share in power generation[3]
03
52% of Saudi Arabia’s electricity generation capacity planned for 2030 is expected to be from renewables—quantifies transition target share[4]
04
3.4 GW of renewable energy capacity was operating in the UAE as of 2023—quantifies current renewable capacity level[4]
Interpretation
Energy Transition Interpretation
Across the Gulf, energy transition momentum is clear but uneven, with renewables making up 11.9% of Bahrain’s power in 2022 and only 0.8% in Oman, while Saudi Arabia expects 52% of its electricity generation capacity by 2030 to come from renewables and the UAE already had 3.4 GW operating in 2023.
03 · Category
Production And Reserves3 stats
01
6.4% share of global crude oil production in 2023 for Saudi Arabia—contributes a measurable portion of worldwide supply[3]
02
2.6 million b/d crude oil production in 2023 for the United Arab Emirates—quantifies UAE’s oil output level[3]
03
43.0 billion cubic meters of natural gas production in 2022 for Saudi Arabia—measures Saudi Arabia’s gas output scale[3]
Interpretation
Production And Reserves Interpretation
In the Production And Reserves picture, Saudi Arabia stands out in 2022 and 2023 with 43.0 billion cubic meters of natural gas production and 6.4% of global crude oil output, while the UAE adds 2.6 million b/d of crude oil in 2023 to strengthen regional supply.
More related reading
04 · Category
Power And Utilities3 stats
01
84.2% of UAE electricity generation came from natural gas in 2022—shows the gas share in power mix[3]
02
45.7% of Saudi Arabia electricity generation came from natural gas in 2022—shows the gas share in power mix[3]
03
31.5% of Kuwait electricity generation came from natural gas in 2022—shows the gas share in power mix[3]
Interpretation
Power And Utilities Interpretation
For the Power and Utilities sector across the Gulf, natural gas dominates electricity generation with 84.2% in the UAE, 45.7% in Saudi Arabia, and 31.5% in Kuwait in 2022, underscoring how central gas remains to the region’s power mix.
05 · Category
Demand And Trade3 stats
01
7.4% year-on-year growth in Middle East oil demand in 2023—quantifies demand momentum[3]
02
24.3% of Iran’s total merchandise exports were mineral fuels (HS27) in 2023—quantifies Iran’s export category share[5]
03
IEA estimates Middle East and North Africa oil production was 11.0 million b/d in 2023—quantifies regional production scale[3]
Interpretation
Demand And Trade Interpretation
In the Demand and Trade picture, Middle East oil demand surged 7.4% year on year in 2023, while Iran’s mineral fuel exports made up 24.3% of its merchandise exports, underscoring how rising regional consumption is paired with a still highly concentrated trade reliance on oil.
06 · Category
Overview5 stats
01
52.3% of global LNG trades in 2023 were to Asia—quantifies major destination market share[3]
02
42% of global LNG supply growth expected through 2028 comes from the Middle East—quantifies expected regional contribution[3]
03
Global LNG demand reached 397 million tonnes in 2023—measures the market size[3]
04
Mineral fuels, oils, distillation products accounted for 59.7% of United Arab Emirates’ merchandise exports in 2023—export structure by category[5]
05
7.0% energy intensity reduction targeted by Saudi Arabia by 2030 (vs 2016 baseline)—quantifies efficiency policy ambition[3]
Interpretation
Industry Overview Interpretation
The Industry Overview for Gulf Energy & Industry is shaped by LNG dominance and export concentration, with 52.3% of global LNG trades in 2023 going to Asia and 42% of expected supply growth through 2028 coming from the Middle East, while the UAE’s mineral fuels and oil exports make up 59.7% of merchandise exports in 2023 and Saudi Arabia targets a 7.0% energy intensity reduction by 2030.
report visual · Comparison
Gulf Energy Momentum
Middle East oil demand is growing year-on-year in 2023, signaling continued demand momentum amid shifting power and fuel mixes across the region.
Global LNG demand reached 397 million tonnes in 2023—measures the market size397
IEA estimates Middle East and North Africa oil production was 11.0 million b/d in 2023—quantifies regional production sc
11.0
7.4% year-on-year growth in Middle East oil demand in 2023—quantifies demand momentum
7.4%
source-verifiediea.org2023
Reference
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
APA
Helena Kowalczyk. (2026, February 13). Gulf Energy & Industry Statistics. Gitnux. https://gitnux.org/gulf-energy-industry-statistics
MLA
Helena Kowalczyk. "Gulf Energy & Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/gulf-energy-industry-statistics.
Chicago
Helena Kowalczyk. 2026. "Gulf Energy & Industry Statistics." Gitnux. https://gitnux.org/gulf-energy-industry-statistics.
Sources & references
5 sources cited across this report