Mermaid: Annual report 2009

Page 26

The charts below illustrate historical oil and gas prices.

Chart 1 : Historical Oil Price

Brent Crude Oil Price

Source : Fearnleys

Oil and Gas Production and Consumption From 1995 to 2008, consumption of oil increased from 69.610 to 84.455 million barrels per day, while production of oil increased from 68,102 to 81,820 million barrels per day. Similarly, from 1995 to 2008, consumption of gas increased from 2132 to 3019 billion cubic metres, while production of gas increased from 2119 to 3066 billion cubic metres.

Mermaid Maritime Public Company Limited

Chart 2 : History Hub Natural Gas Price Brent Crude Oil Price

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