List of countries by proven oil reserves

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

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 previously uneconomic deposits become economically viable 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

Reserves amounts are listed in millions of barrels (MMbbl).

	Country	Reserves (MMbbl)
—	OPEC	1,206,170
1	Venezuela (see: Oil reserves in Venezuela)	298,350
2	Saudi Arabia (see: Oil reserves in Saudi Arabia)	268,350[2]
3	Canada (see: Oil reserves in Canada )	173,000[3]
4	Iran (see: Oil reserves in Iran)	157,800
5	Iraq (see: Oil reserves in Iraq)	144,211[4]
6	Kuwait (see: Oil reserves in Kuwait)	104,000[2]
7	UAE	97,800[4]
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)	30,529[5]
12	Kazakhstan	30,002
13	China	25,585
14	Qatar	25,382
15	Brazil	13,986
16	Bolivia	13,200
17	Angola	10,470
18	Mexico (see: Oil reserves in Mexico)	10,364[2]
19	Algeria	9,940
20	Azerbaijan	7,000
	Montenegro	7,000
21	Ecuador	7,000
22	Norway	6,900
23	United Kingdom	6,900
—	European Union (Excluding the UK)	6,700
24	Malaysia	5,800
25	India	5,700[2][6][7]
26	Oman	5,500
27	Ghana (see: Oil reserves in Ghana)	5,000
28	Egypt	4,500
29	Vietnam	4,400
30	Australia	4,158
31	Indonesia	3,590
32	Gabon	3,700
33	Yemen	3,000[8][9]
34	Sudan	2,800
35	Syria	2,500
36	Mongolia	2,493
37	Colombia	2,377
38	Congo, Republic of the	1,940
39	Equatorial Guinea	1,705
40	Chad	1,500
41	Peru	1,240
43	Brunei	1,200
44	Uganda	1,000
45	Denmark	900
46	Trinidad and Tobago	830
47	Romania	650
47	Turkmenistan	600
48	Uzbekistan	594
49	East Timor	554
50	Argentina	465
51	Thailand	442
52	Tunisia	425
53	Italy	560
54	Ukraine	395
55	Pakistan	313
56	Netherlands	310
57	Germany	276
58	Turkey	262
59	Cameroon	200
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
66	Chile	150
68	Spain	150
69	Bahrain	125
70	France	101
71	Ivory Coast	100
72	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
87	South Africa	15
88	Czech Republic	15
89	Lithuania	12
90	Tajikistan	12
91	Greece	10
92	Slovakia	9
93	Benin	8
94	Belize	7
95	Taiwan	2
96	Israel	2
97	Barbados	2
98	Jordan	1
99	Morocco	0.7
100	Ethiopia	0.4
-	Total World (2011)[11]	1,481,526

See also

• List of countries by oil production
• List of countries by oil consumption

References