That is 63% and 25%, respectively, of my estimate of
Like Venezuela, Saudi Arabia’s export and government revenues are highly dependent on its exports, and so the cessation of exporting oil will have equally devastating effects on the country's infrastructure. It will be interesting to see if the kingdom will continue when it's oil export revenues decline and/or domestic consumption is cut to sustain exports.
"Al-Husseini disagrees with this analysis, believing Aramco's reserves are overstated by as much as 300bn barrels. In his view once 50% of original proven reserves has been reached … a steady output in decline will ensue and no amount of effort will be able to stop it. He believes that what will result is a plateau in total output that will last approximately 15 years followed by decreasing output."