Biggest Oil Reserves in the world
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Transcript of Biggest Oil Reserves in the world
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Who's Got The Most Oil?
Big movements in the price of oil can have
significant effects in the general economy, and
although the commodity is off its all-time
highs, countries with the most oil within their
borders are set for big profits as demand for
crude continues to rise.
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With much of the world's existing reserves
found in the Middle East, Gulf of Mexico and a
few other locations around the globe,
individual countries benefit incredibly from
their surprisingly high concentrations of oil.
As of 2008, the US government estimates that
the world has proved reserves in theneighborhood of 1.36 trillion barrels. . .
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15. Mexico
Proved Oil Reserves: 11.65 billion barrels
Daily Numbers:
Total Oil Production: 3.19 million barrels
Crude Oil Production: 2.79 million barrels
Consumption: 2.13 million barrels
Exports to US (2007): 1.54 million barrels
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14. Qatar
Proved Oil Reserves: 15.2 billion barrels
Daily Numbers:
Total Oil Production: 1.2 million barrels
Crude Oil Production: 940,000 barrels
Consumption: 120,000 barrels
Exports to US (2007): 2,000 barrels
Pictured: Oil Refinery in Qatar
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Proved Oil Reserves: 16 billion barrels
Daily Numbers:
Total Oil Production: 3.97 million barrels
Crude Oil Production: 3.79 million barrels
Consumption: 7.57 million barrels
Exports to US (2007): 13,000 barrels
Pictured: Off shore oil in China
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12. United States
Proved Oil Reserves: 21.3 billion barrels
Daily Numbers:
Total Oil Production: 8.51 million barrels
Total Crude Production: 4.95 million barrels
Consumption: 19.48 million barrels
Pictured: Chevron El Segundo Refinery,
California
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11. Kazakhstan
Proved Oil Reserves: 30 billion barrels
Daily Numbers:
Total Oil Production: 1.43 million barrelsCrude Oil Production: 1.35 million barrelsConsumption: 239,000 barrelsExports to US (2007): 19,000 barrels
Pictured: Control station of the Atasu-Alashenkou pipeline in Atasu, Kazakhsta
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10. Nigeria
Proved Oil Reserves: 36.2 billion barrels
Daily Numbers:
Total Oil Production: 2.168 million barrelsCrude Oil Production: 2.165 million barrelsConsumption: 286,000 barrelsExports to US (2007): 1.13 million barrels
Pictured: Boy walks along oil pipeline belongingto the Agip Oil company in Idu Ogba, Niger
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9. Libya
Proved Oil Reserves: 41.5 billion barrels
Daily Numbers:
Total Oil Production: 1.88 million barrels
Crude Oil Production: 1.74 million barrels
Consumption: 273,000 barrels
Exports to US (2007): 117,000 barrels
Pictured: Tripoli skyline at night, Libya
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8. Russia
Proved Oil Reserves: 60 billion barrels
Daily Numbers:
Total Oil Production: 9.79 million barrelsCrude Oil Production: 9.36 million barrelsConsumption: 2.9 million barrelsExports to US (2007): 414,000 barrels
Pictured: Reservoirs at Priobskoye oil field,Siberia, Russia
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7. Venezuela
Proved Oil Reserves: 87.03 billion barrels
Daily Numbers:
Total Oil Production: 2.64 million barrelsCrude Oil Production: 2.39 million barrelsConsumption: 760,000 barrelsExports to US (2007): 1.36 million barrels
Pictured: El Palito oil refinery, Puerto Cabello,Venezuela
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6. United Arab Emirates
Proved Oil Reserves: 97.8 billion barrels
Daily Numbers:Total Oil Production: 3.05 million barrels
Crude Oil Production: 2.68 million barrelsConsumption: 463,000 barrelsExports to US (2007): 10,000 barrels
Pictured: Refinery worker rides a bicycle at an oilprocessing plant in Jebel Ali, Dubai, United ArabEmirates.
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5. Kuwait
Proved Oil Reserves: 104 billion barrels
Daily Numbers:
Total Oil Production: 2.74 million barrelsCrude Oil Production: 2.59 million barrels
Consumption: 325,000 barrels
Exports to US (2007): 181,000 barrels
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4. Iraq
Proved Oil Reserves: 115 billion barrels
Daily Numbers:
Total Oil Production: 2.39 million barrelsCrude Oil Production: 2.38 million barrels
Consumption: 638,000 barrels
Exports to US (2007): 484,000 barrels
Pictured: Beiji Oil refinery, Iraq
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3. Iran
Proved Oil Reserves: 138.4 billion barrels
Daily Numbers:
Total Oil Production: 4.17 million barrelsCrude Oil Production: 4.05 million barrelsConsumption: 1.8 million barrelsExports to US (2007): 0
Pictured: Oil refinery and petrochemicalcomplex, Mahshahr, Iran
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1. Saudi Arabia
Proved Oil Reserves: 266.7 billion barrels
Daily Numbers:
Total Oil Production: 10.7 million barrelsCrude Oil Production: 9.26 million barrels
Consumption: 2.29 million barrels
Exports to US (2007): 1.49 million barrels
Pictured: Saudi Arabian Oil Refinery
