Natural gas reserves total world gas reserves (percentage)

Africa s natural gas reserves amount to about 8 of global reserves.

The country has the world's largest natural gas reserves, the 8th largest oil reserves, and the second largest coal reserves.

The city has the largest gas reserves in Iran.

It possesses the world's fourth largest reserves of natural gas resources.

According to the Oil and Gas Journal (January 1, 2009), the MENA region has 60 of the world's oil reserves () and 45 of the world's natural gas reserves ( ).

Gas reserves should last about 50 years at present rates of consumption.

Russia is the world s largest oil and gas exporter, sitting on more than 25 of total proven gas reserves.

It is estimated that the Norwegian section alone contains 54 of the sea's oil reserves and 45 of its gas reserves.

In 2004, a large share of natural gas reserves in Iran were untapped.

Covering this drop in reserves more than half of gas reserves and a fifth of oil reserves have been consumed with imports implies an annual cost of more than 300 billion.

Fortunately for its democratic prospects, Egypt has only very modest reserves of natural gas and oil.

Moreover, Russia s ability to meet future gas demand from commercially viable reserves suggests that Nord Stream could be used to cut off gas sales to unfavored clients.

And there are territorial disputes about small islands and potential gas reserves near the China Japan maritime boundary.

Oil and gas Oman's proved reserves of petroleum total about 5.5 billion barrels, 25th largest in the world.

Whereas extraction of America s extensive reserves of natural gas was previously thought to be unfeasible, technologies such as hydraulic fracturing ( fracking ) have ushered in a shale gas revolution.

For example, northern Afghanistan has unexplored reserves of oil and natural gas that could help meet China s energy needs.

Still, Iraq has vast oil and natural gas reserves, to which all of the major oil companies wanted access.

The most promising breakthrough may well be the discovery of huge reserves of shale gas all over the planet.

Iran, it is often claimed, has no need for nuclear power, given its abundant oil and natural gas reserves.

Besides the largest conventional oil reserves and the second largest natural gas reserves in the Western Hemisphere, Venezuela has non conventional oil deposits (extra heavy crude oil, bitumen and tar sands) approximately equal to the world's reserves of conventional oil.

Petroleum and other resources Venezuela has the largest oil reserves, and the eighth largest natural gas reserves in the world, and consistently ranks among the top ten world crude oil producers.

The region contains slightly over 17 per cent of the world apos s natural gas reserves, which make it a potentially significant contributor to the steadily expanding international gas market.

Argentina, by contrast, is a highly gas dependent country with diminishing reserves equivalent to less than eight years of production.

The plan highlights the need to take advantage of the opportunities afforded by shale gas and newly discovered oil reserves.

And all are fighting for as large a share of Iraq s enormous oil and gas reserves as they can get.

Large reserves of petroleum and natural gas were discovered in the 1960s, which led to a boom in the economy.

Gas production in the Middle East will triple, and more than double in Africa, where there are large low cost reserves.

After more than a century of oil production in Venezuela, which possesses the world s fifth largest reserves (and the largest gas reserves in Latin America), the state is rich, but the people remain tragically poor.

Reserves Reserves for budgeted separations

Uzbekistan is endowed with substantial natural resources, including large reserves of petroleum, natural gas and coal, and with considerable potential for hydroelectric power.

Despite controlling the world s largest gas reserves, Russia s state owned monopoly Gazprom is not producing enough for an economy growing at 6 a year.

State owned companies now control far more oil and gas reserves than do the traditional private energy companies once known as the seven sisters.

Proven gas reserves in the ESCWA region increased by 14 per cent during 1992, mainly due to discoveries in Oman, Egypt, Yemen and Qatar.

Reserves

Proven oil reserves total world oil reserves (percentage)

China also objected to Japanese statements about Taiwan. And there are territorial disputes about small islands and potential gas reserves near the China Japan maritime boundary.

In fact, estimates by the International Energy Agency suggest that the most significant recoverable reserves of shale gas are in the US and China, not Europe.

International reserves

INCLUDING RESERVES .

A deepening of cooperation in the eastern Mediterranean would provide myriad economic opportunities, not least the many related to developing the region s cross border maritime gas reserves.

Even though it is no longer a global superpower, Russia s vast oil and gas reserves make it an energy superpower, and Putin seems intent on playing that card.

(l) Other reserves

(j) Operating reserves

(iv) Other reserves.