Greatest Oil Reserves by Country, 2006
Updated February 21, 2017 | Factmonster Staff
Rank | Country | Proved reserves (billion barrels) |
---|---|---|
1. | Saudi Arabia | 264.3 |
2. | Canada | 178.8 |
3. | Iran | 132.5 |
4. | Iraq | 115.0 |
5. | Kuwait | 101.5 |
6. | United Arab Emirates | 97.8 |
7. | Venezuela | 79.7 |
8. | Russia | 60.0 |
9. | Libya | 39.1 |
10. | Nigeria | 35.9 |
11. | United States | 21.4 |
12. | China | 18.3 |
13. | Qatar | 15.2 |
14. | Mexico | 12.9 |
15. | Algeria | 11.4 |
16. | Brazil | 11.2 |
17. | Kazakhstan | 9.0 |
18. | Norway | 7.7 |
19. | Azerbaijan | 7.0 |
20. | India | 5.8 |
Top 20 countries | 1224.5 (95%) | |
Rest of world | 68.1 (5%) | |
World total | 1,292.6 |
NOTES: Proved reserves are estimated with reasonable certainty to be recoverable with present technology and prices.
Source: Oil & Gas Journal, Vol. 103, No. 47 (Dec. 19, 2005). From: U.S. Energy Information Administration. http://www.eia.doe.gov/emeu/international/petroleu.html .