BP: global oil reserves 10 years for the first time in a vast decrease _

SAE London on 10 June 2009, rising BP global oil reserves for the first time in 10 years, in 2008 the year-end 1.258 trillion barrels, below the 07 year 1.261 trillion barrels. Comprehensive news agency reported on 10 June, British Petroleum (BP) indicated that global oil reserves in 2008 decreased since 1998, the first decline, falling to Russia, Norway and China as the first. BP in annual global energy statistics evaluation report, in the end of 2008, total oil reserves is 1.258 trillion barrels, lower than the 2007 1.261 trillion barrels of the revised data. BP said, according to the current production rate, global oil reserves are sufficient to maintain 42 years. BP and other oil companies trying to replace reserves, because access to mineral tenure becomes more difficult, and in the United Kingdom and Mexico, history is a long history of oil resources have been exhausted. Russia 08 year passed a law that limits the portion of the large energy and metal deposits of foreign ownership. Middle East countries have global oil reserves of 60%, the same restrictions on the right to use the international company mineral deposits. BP Chief Executive Officer of Hayward (TonyHayward) indicated that their data confirm that global has enough oil, gas and coal reserves to meet the needs of the world for decades. In increasing supply to meet future demand, global challenges in the "ground" instead of "underground", the problem is that the people themselves, not geological factors. BP said the Saudi 2008 global oil reserves, holding the ranks first in 2,641 million barrels, almost the same 07 years 2,642 million barrels. Middle East total oil reserves in 2008 7,541 million barrels, 07 7,550 billion barrels. BP said, Russia, Norway, China and other countries, the decline in petroleum reserves, offset by Viet Nam and India and Egypt reserves increase.