Russia holds around 18.1 percent of total proven natural gas reserves globally, according to British Petroleum's (BP) Statistical Review of World Energy 2018 report.
The country holds 35 trillion cubic meters (tcm) of natural gas reserves while Iran follows with 33.2 tcm. LNG giant Qatar is ranked third with 24.9 tcm.
According to the report, the Middle East is the leading region with 79.1 tcm of proven gas reserves, while Europe has the least amount with 3 tcm.
- US world's biggest gas producer
In 2017, the gas production in the U.S. totaled 734.5 billion cubic meters (bcm), representing 20 percent of global gas output last year, the report revealed.
In natural gas output, the U.S. has been a world leader since 2009 when it first surpassed Russia in gas production.
The U.S. is also a world leader in gas consumption since 1985 -- the year BP gas data was first released. "Global proved gas reserves are sufficient to meet 52.6 years of global production at 2017 levels. Israel was the largest single contributor to gas reserve growth," the report read.
|
Total proved reserves by country |
trillion cubic meters (tcm) |
|
Russia |
35 |
|
Iran |
33.2 |
|
Qatar |
24.9 |
|
Turkmenistan |
19.5 |
|
U.S. |
8.7 |
|
Saudi Arabia |
8 |
|
Venezuela |
6.4 |
|
United Arab Emirates |
5.9 |
|
China |
5.5 |
|
Iraq |
3.5 |
|
Natural gas production by country |
billion cubic meters (bcm) |
|
U.S. |
734.5 |
|
Russia |
635.6 |
|
Iran |
223.9 |
|
Canada |
176.4 |
|
Qatar |
175.7 |
|
China |
149.2 |
|
Norway |
123.2 |
|
Australia |
113.5 |
|
Saudi Arabia |
111.4 |
|
Algeria |
91.2 |
(Anadolu Agency, 22/06/2018)
