A map of world oil reserves, January 2014.
Trends in proved oil reserves in top five countries, 1980-2013 (date from US Energy Information Administration)
This is a list of countries by proven oil reserves .
Methodology [ edit ]
Proved reserves are those quantities of petroleum which, by analysis of geological and engineering data, can be estimated, with a high degree of confidence, to be commercially recoverable from a given date forward from known reservoirs and under current economic conditions.
Some statistics on this page are disputed and controversial. Different sources (OPEC , CIA World Factbook , oil companies ) give different figures, and there are different types of oil, ranging from cheap and easy to recover oils to shale oil or oil sands , which are more expensive and difficult to recover. For example, in the list below, Australia's total amount of oil does not include shale oil.[ 1]
Because proven reserves include oil recoverable under current economic conditions, nations may see large increases in proved reserves when known, but previously uneconomic deposits become economic to develop. In this way, Canada's proven reserves increased suddenly in 2003 when the oil sands of Alberta were seen to be economically viable. Similarly, Venezuela's proven reserves jumped in the late 2000s when the heavy oil of the Orinoco was judged economic.
Countries [ edit ]
Reserves amounts are listed in millions of barrels (MMbbl) .
Country
Reserves (MMbbl )
—
OPEC
1,112,448 - 1,199,707
1
Venezuela (see: Oil reserves in Venezuela )
297,740[ 2]
2
Saudi Arabia (see: Oil reserves in Saudi Arabia )
268,350[ 2]
3
Canada (see: Oil reserves in Canada )
173,625 - 175,200
4
Iran (see: Oil reserves in Iran )
157,300[ 3]
5
Iraq (see: Oil reserves in Iraq )
140,300[ 3]
6
Kuwait (see: Oil reserves in Kuwait )
104,000[ 2]
7
UAE (see: Oil reserves in the United Arab Emirates )
97,800
8
Russia (see: Oil reserves in Russia )
80,000[ 2]
9
Libya (see: Oil reserves in Libya )
48,014
10
Nigeria (see: Oil reserves in Nigeria )
37,200
11
United States (see: Oil reserves in the United States )
36,420[ 4]
12
Kazakhstan
30,002
13
China
25,585
14
Qatar
25,382
15
Brazil (see: Oil reserves in Brazil )
13,986
16
Angola
10,470
17
Mexico (see: Oil reserves in Mexico )
10,364[ 2]
18
Algeria
9,940
19
Azerbaijan
7,000
19
Ecuador
7,000
21
Norway
6,900
21
United Kingdom
6,900
—
European Union (Excluding the UK)
6,700
23
Malaysia
5,800
24
India
5,650-5,710[ 2] [ 5] [ 6]
25
Oman
5,500
26
Ghana (see: Oil reserves in Ghana )
5,000
27
Egypt
4,500
28
Vietnam
4,400
29
Australia
4,158
30
Indonesia
3,990- 4,118
31
Gabon
3,700
32
Yemen
3,000[ 7] [ 8]
33
Sudan
2,800
34
Syria
2,500
35
Mongolia
2,493
36
Colombia
2,377
37
Congo, Republic of the
1,940
38
Equatorial Guinea
1,705
39
Chad
1,500
40
Peru
1,240
41
Brunei
1,200
42
Uganda
1,000
43
Denmark
900
44
Trinidad and Tobago
830
45
Romania
650
46
Turkmenistan
600
47
Uzbekistan
594
48
East Timor
554
49
Argentina
2330[ 9]
50
Thailand
442
51
Tunisia
425
52
Italy
400
53
Ukraine
395
54
Pakistan
313
55
Netherlands
310
56
Germany
276
57
Turkey
262
58
Cameroon
200
58
Bolivia
200[ 2]
60
Albania
199
61
Belarus
198
62
Congo, Democratic Republic of the
180
63
Cuba (see: Oil reserves in Cuba )
124[ 2]
64
Papua New Guinea
170
65
Philippines
168
66
New Zealand
166
67
Chile
150
67
Spain
150
69
Bahrain
125
70
France
101
71
Ivory Coast
100
71
Mauritania
100
73
Poland
96
74
Austria
89
75
Guatemala
83
76
Afghanistan
80[ 10]
77
Suriname
79
78
Serbia
77
79
Croatia
66
80
Burma
50
81
Japan
44
82
Kyrgyzstan
40
83
Georgia
35
84
Hungary
26
85
Bangladesh
28
86
Bulgaria
15
86
South Africa
15
86
Czech Republic
15
89
Lithuania
12
99
Tajikistan
12
91
Greece
10
92
Slovakia
9
93
Benin
8
94
Belize
7
95
Taiwan
2
95
Israel
2
95
Barbados
2
98
Jordan
1
99
Morocco
0.7
100
Ethiopia
0.4
-
Total World (2011) [ 11]
1,481,526
See also [ edit ]
References [ edit ]
^ "Climate" . Greenpeace Australia Pacific . Retrieved 19 January 2015 .
^ a b c d e f g h US Energy Information Administration, International energy statistics , (proved reserves as of 2014).
^ a b "OPEC Share of World Crude Oil Reserves" . opec.org . Retrieved 19 January 2015 .
^ US Energy Information Administration, International energy statistics , (proved reserves as of 2013).
^ OPEC Statistical Bulletin, Proven oil reserves (as of 31 Dec. 2013) , accessed 29 Nov. 2014.
^ BP, Statistical Review of World Energy - 2014 , June 2014.
^ "Oil and gas in Yemen" (PDF) . NOREF peacebuilding. Retrieved 25 December 2013 .
^ "Energy and Minerals in Yemen" . US Energy information Administration. Retrieved 24 December 2013 .
^ Instituto Argentino del Petróleo y el Gas - Reservas comprobadas de petróleo, en miles de m3 [1] (proved reserves as of 2013)
^ "Minerals in Afghanistan" (PDF) . USGS Minerals gov. Retrieved 24 December 2013 .
^ "OPEC: World proven crude oil reserves by country, 1960-2011" . Opec.org. Retrieved 2013-09-21 .