Crude Oil and Natural Gas (MCONG)

Crude oil disposition of economy, volume

Crude oil disposition refers to the disposition, including export, of crude oil, condensate, pentanes plus and synthetic crude oil in a specified period.

Economy refers to the entire set of resident institutional units. It is divided into sectors that consists of groups of resident institutional units. An institutional unit is resident in a country when it has a centre of economic interest in the economic territory of that country. It is said to have a centre of economic interest when there exists some location - dwelling, place of production or other premises - within the economic territory on, or from, which it engages, and intends to continue to engage, in economic activities and transactions on a significant scale either indefinitely or over a finite period of time.

The data for this variable are reported using the following measurements:

  • Barrels
  • Cubic metres
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