15 countries with the biggest oil reserves - business insider.pdf
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15 Countries With The Biggest Oil Reserves - Business InsiderTRANSCRIPT
Robert Johnson
15 Countries Sitting On GiganticOceans Of Oil
MAMTA BADKARMAY 11, 2012, 10:52 AM
Oil prices haveexperienced volatilityfollowing concerns ofa supply shock inIran. In the long run,some political guruswarn that the risk ofinstability in Iraqcould keep oil priceshigh.
Saudi petroleumminister Ali Naimihas previously saidthat Saudi Arabiawould raise oilsupplies to keepprices low but manydoubt that thekingdom has as much oil as it claims.
A new report from UBS shows that global oil reserves stand at 1.38 trillion barrels and areexpected to last another 46.2 years. We put together the 15 countries with the highest oilreserves along with their oil supply and the years of remaining reserves.
Note: The data in parenthesis represents the percent of global reserves and global supply.The years of remaining reserves are at 2010 production rate. Data from BP StatisticalReview of World Energy is from 2011, EIA is from 2012 and UBS as of April 2012.
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Former President Lula da Silva of Brazil with oilworkers.
#15 BrazilOil reserves:14 billion barrels (1%)
Oil supply:2.8 million barrels a day (3.2%)
Years of remaining reserves:18.3 years
Source: UBS
#14 ChinaOil reserves:15 billion barrels (1.1%)
Oil supply:4.19 million barrels a day (4.7%)
Years of remaining reserves:9.9 years
Source: UBS
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www.britannica.com
Robert Johnson
#13 QatarOil reserves:26 billion barrels (1.9%)
Oil supply:1.64 million barrels daily (1.9%)
Years of remaining reserves:45.2 years
Source: UBS
#12 USAOil reserves:31 billion barrels (2.2%)
Oil supply:10.59 million barrels daily (11.9%)
Years of remaining reserves:11.3 years
Source: UBS
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Robert Johnson
#11 CanadaOil reserves:32 billion barrels (2.3%)
Oil supply:3.92 million barrels daily (4.4%)
Years of remaining reserves:26.3 years
Source: UBS
#10 NigeriaOil reserves:37 billion barrels (2.7%)
Oil supply:2.4 million barrels daily (2.7%)
Years of remaining reserves:42.4 years
Source: UBS
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AP
#9 KazakhstanOil reserves:40 billion barrels (2.9%)
Oil supply:1.61 million barrels daily (1.8%)
Years of remaining reserves:62.1 years
Source: UBS
#8 LibyaOil reserves:46 billion barrels (3.4%)
Oil supply:834,000 barrels daily (0.9%)
Years of remaining reserves:76.7 years
Source: UBS
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moscowtopnews.com
fdama via YouTube
#7 Russian FederationOil reserves:77 billion barrels (5.6%)
Oil supply:10.33 million barrels daily (11.6%)
Years of remaining reserves:20.6 years
Source: UBS
#6 UAEOil reserves:98 billion barrels (7.1%)
Oil supply:3.23 million barrels daily (3.6%)
Years of remaining reserves:94.1 years
Source: UBS
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middle-east-online.com
energia.gr
#5 KuwaitOil reserves:102 billion barrels (7.3%)
Oil supply:2.75 million barrels daily (3.1%)
Years of remaining reserves:110.9 years
Source: UBS
#4 IraqOil reserves:115 billion barrels (8.3%)
Oil supply:2.7 million barrels daily (3.1%)
Years of remaining reserves:128.1 years
Source: UBS
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Wikimedia Commons
#3 IranOil reserves:137 billion barrels (9.9%)
Oil supply:4.13 million barrels (4.7%)
Years of remaining reserves:88.4 years
Source: UBS
#2 VenezuelaOil reserves:211 billion barrels (15.3%)
Oil supply:2.47 million barrels daily (2.8%)
Years of remaining reserves:234.1 years
Source: UBS
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tehrantimes.com
AP Images
#1 Saudi ArabiaOil reserves:265 billion barrels (19.1%)
Oil supply:11.75 million barrels daily (13.2%)
Years of remaining reserves:72.4 years
Source: UBS
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