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Article | REF: BE8519 V1

A new geopolitics of energy

Author: Jean-Pierre FAVENNEC

Publication date: January 10, 2019 | Lire en français

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    12. Middle East

    Six of the fourteen OPEC countries are located in the Middle East, but together with Venezuela they hold the bulk of the organization's oil reserves, and over 70% of the world's oil reserves (again including Venezuela) (figure 9 ).

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