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Global Gas Reserves: A Data Deep Dive

An authoritative exploration of the world's proven natural gas reserves, examining data sources and global distribution.

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Understanding Natural Gas Reserves

Global Energy Landscape

Natural gas is a critical component of the global energy mix. Proven reserves represent the quantity of natural gas that geological and engineering data demonstrate with reasonable certainty to be recoverable in future years from known reservoirs under existing economic and operating conditions.[1]

Key Players

As of early 2021, proven natural gas reserves are significantly concentrated in a few countries. Notably, Iran, Russia, and Qatar hold the largest estimated reserves, playing pivotal roles in the global energy market.[6]

Data Variability

Estimates for proven reserves can vary between different authoritative sources, such as the U.S. Energy Information Administration (EIA), OPEC, and BP. These discrepancies often arise from differing methodologies, definitions of "recoverable," and the inclusion of unconventional gas sources like shale gas.[2][3]

Proven Reserves by Country

The following table presents estimates of proven natural gas reserves in cubic kilometers (km³), sourced primarily from the U.S. EIA, OPEC, and BP, along with production data.

Proven reserves (km³)
Country U.S. EIA
(2021)[6]
OPEC
(start of 2018)[7]
BP
(end of 2020)[8]
Production
km³/year
(2021)
[9]
Years of
production
in reserve[10]
Russia * 47,800 47,760 37,400 701.55 68
Iran * 34,000 33,988 32,100 248.3 137
Qatar * 23,900 23,861 24,700 169 141
United States * 17,710 9,067 12,600 977.44 18
Turkmenistan * 10,000 9,838 13,600 87.02 115
Saudi Arabia * 9,430 9,514 6,000 115.6 82
China * 6,650 2,934 8,400 212 31
United Arab Emirates * 6,090 8,210 5,900 63.77 95
Venezuela * 6,000 5,707 6,300 15.9 377
Nigeria * 5,750 5,913 5,500 44.40 130
Algeria * 4,500 4,504 2,300 102.1 44
Iraq * 3,740 3,744 3,500 10.7 350
Australia * 3,230 3,173 2,400 147.1 22
Mozambique * 3,000 5.35 561
Kazakhstan * 2,400 1,898 2,300 20.0 120
Canada * 2,100 2,059 2,400 182.2 12
Azerbaijan * 2,000 1,227 2,500 31.38 64
Egypt * 1,800 2,221 2,100 69.43 26
Kuwait * 1,800 1,784 1,700 21.3 85
Uzbekistan * 1,800 1,564 800 49.70 36
Norway * 1,600 2,314 1,400 115.1 14
Libya 1,500 1,505 1,400 14.6 103
India * 1,400 1,289 1,300 32.3 43
Malaysia * 1,200 2,909 900 70.99 17
Ukraine * 1,100 304 1,100 18.9 58
Indonesia * 1,000 2,866 1,300 58.96 17
Senegal * 1,000
Vietnam * 710 203 600 7.02 101
Turkey * 710 0.40 1775
Oman * 650 884 700 39.19 17
Myanmar * 650 273 400 16.3 40
Pakistan * 590 757 400 33.39 18
Argentina * 487 381 400 40.44 12
Yemen * 480 300 0.12 4000
Guyana 453
Brazil * 370 325 300 23.8 16
Angola * 340 422 5.86 58
Trinidad and Tobago * 310 433 290 25.7 12
Peru * 310 513 261 12 26
Bolivia * 310 310 213 15.5 20
Congo * 300 284 0.42 714
Brunei * 260 252 222 11.4 23
Syria * 240 300 269 3.26 74
Israel * 180 589 17.7 10
United Kingdom * 180 269 187 32.48 6
Mexico 180 146 178 23.9 8
Papua New Guinea * 180 163 11.4 16
Thailand * 140 180 143 36.36 4
Cameroon * 140 152 2.3 61
Equatorial Guinea * 140 145 5.83 24
Netherlands * 130 804 130 21.6 6
Bangladesh * 130 346 110 23.9 5
Romania * 100 105 78 9.32 11
Philippines * 99 3 33
Chile * 99 5.30 1.4 71
Poland * 91 56.3 72.2 5.64 16
Colombia * 88 104 86 11.4 8
Bahrain * 82 64.8 18.6 4
Sudan * 80 0 -
Cuba * 71 0.91 78
Tunisia * 65 1.4 46
Namibia * 62 0 -
Rwanda * 60 0.06 1000
Afghanistan * 51 0.079 646
Serbia * 48 0.40 120
Italy * 45 27.1 100 3.2 14
Palestine * 32 0 -
New Zealand * 31 4.13 8
Denmark * 30 73.9 100 1.2 25
Ivory Coast * 30 2.5 12
Croatia 30 0.82 37
Mauritania * 30 0 -
Ethiopia * 30 0 -
Gabon * 30 25.5 0.45 67
Germany 20 39.6 100 4.98 4
Ghana 20 2.92 7
Japan * 20 2.4 8
Ireland * 10 1.6 6
Slovakia 10 0.062 161
Uganda 10 0 -
Ecuador 10 5.4 0.31 32
Georgia 8 8.5 0.01 800
South Korea * 8 0.05 160
France 8 0.02 400
Tanzania * 6 1.3 5
Austria 6 1.2 5
Jordan * 6 0.19 32
Taiwan * 6 0.091 66
Albania 6 0.059 102
Bulgaria 6 0.037 162
Tajikistan * 6 0.02 300
Kyrgyzstan 6 0.02 300
Somalia * 6 0 -
Hungary * 3 1.5 2
Czech Republic 3 0.20 15
Belarus * 3 0.074 41
Somaliland 3 0
Spain 2.55 0.048 53
Morocco * 1.44 474 0.12 12
Benin 1.13 0 -
Greece 0.99 0.06 16
DR Congo 0.99 0 -
Barbados 0.11 0.01 11
Armenia * 0 18.0
World 205,500 (2020) 4,083.09 50

Data Sources and Discrepancies

Authoritative Data

The primary sources for natural gas reserve data include the U.S. Energy Information Administration (EIA), the Organization of the Petroleum Exporting Countries (OPEC), and BP. These organizations compile and publish global energy statistics, including proven reserves.

Disagreements in Estimates

There is often a divergence in reported reserve figures. For instance, regarding Russia's reserves, the CIA, EIA, and OPEC generally place it highest, while BP's figures are notably lower. Similarly, Iran's reserves are estimated differently across sources. These variations highlight the complexities in defining and measuring "proven" reserves.[2][3][4][5]

Evolving Estimates

The development of new extraction technologies, such as those for shale gas, and exploration in new regions continually update reserve estimates. Countries like the United States and Canada have seen significant increases in their proven reserves due to advancements in shale gas recovery.[1]

Comparative Reserve Estimates

This table illustrates the differences in reserve estimates for key countries across major reporting agencies as of late 2014/early 2015.

Source Canada Iran Russia Saudi Arabia United States Venezuela
BP[11] 2,000 34,000 32,800 8,200 9,800 5,600
OPEC[12] 2,028 34,020 49,541 8,489 9,580 5,617
U.S. EIA[13] 2,535 42,426 59,619 10,393 10,441 6,960

Understanding the Units

Cubic Kilometers (km³)

The standard unit for measuring natural gas reserves in the provided data is cubic kilometers (km³). This unit is equivalent to one billion cubic meters (1 km³ = 1,000,000,000 m³). This metric allows for a consistent comparison of reserve volumes across different countries and sources.

Years of Production

The "Years of production in reserve" metric indicates how long current reserves would last at the current annual production rate. This is a crucial indicator of energy security and resource sustainability for each nation.

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References

References

  1.  Rank Order - Natural gas - proved reserves. Retrieved June 2014.
  2.  Natural gas - proved reserves. Retrieved 1 December 2013.
  3.  U.S. Energy Information Administration, International Energy Statistics, accessed 17 Jan. 2019.
  4.  OPEC, Annual Statistical Bulletin 2018
  5.  BP, Statistical Review of World Energy, June 2022.
  6.  BP Statistical Review of World Energy, 2015
  7.  OPEC Statistical Bulletin, 2015.
  8.  International Data: Natural Gas Reserves, US EIA. Retrieved 3 July 2016.
A full list of references for this article are available at the List of countries by natural gas proven reserves Wikipedia page

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Disclaimer

Important Notice

This page was generated by an Artificial Intelligence and is intended for informational and educational purposes only. The content is based on publicly available data from Wikipedia and related sources, which may be subject to change or contain inherent variations in estimation methodologies.

This is not financial or investment advice. The information provided on this website is not a substitute for professional consultation regarding energy markets, investments, or resource management. Reserve estimates are subject to significant uncertainty and can be influenced by economic, technological, and geopolitical factors.

The creators of this page are not responsible for any errors or omissions, or for any actions taken based on the information provided herein. Always consult official sources and qualified professionals for critical decisions.