18th November 2019

geab
15

What country has the most oil in the world?

Saudi Arabia has almost one-fifth of the world's proven oil reserves and ranks as the largest producer and exporter of oil in the world.
  • CANADA. Proven oil reserves: 173.105.
  • IRAN. Proven oil reserves: 154.58.
  • IRAQ. Proven oil reserves: 141.35.
  • KUWAIT. Proven oil reserves: 104.
  • UNITED ARAB EMIRATES.
  • RUSSIA.
  • LIBYA.
  • NIGERIA.

Keeping this in consideration, where oil is found in the world?

Safaniya (Saudi Arabia) The Safaniya field is the world's largest offshore oil field. Located in the Persian Gulf, the Safaniya field is thought to hold more than 50 billion barrels of oil. It is Saudi Arabia's second largest producing field behind Ghawar, churning out 1.5 million bpd.

How many years worth of oil is left in the world?

The world has 53.3 years of oil left at the current rate of production, according to BP's annual statistical review of world energy. Just 53 years! From the report: Total world proved oil reserves reached 1687.9 billion barrels at the end of 2013, sufficient to meet 53.3 years of global production.

Where is there oil?

Based on data from OPEC at the beginning of 2013 the highest proved oil reserves including non-conventional oil deposits are in Venezuela (20% of global reserves), Saudi Arabia (18% of global reserves), Canada (13% of global reserves), and Iran (9%).
Write Your Answer

Rate

60% people found this answer useful, click to cast your vote.

3 / 5 based on 3 votes.

Bookmark

Press Ctrl + D to add this site to your favorites!

Share