List of countries by proven oil reserves

This is a list of countries by proven oil reserves. 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.

Note that 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 very expensive and difficult to recover. Canada includes in their proven reserves the oil sands of Alberta, Venezuela has started in 2011 to include the heavy oils of Orinoco. The USA have not included in their statistics their shale oil, but it is believed that those reserves are relevant, with exclusion of the Green River Formation in Colorado.

Even if this changes according to the source, it is estimated that at least 70% of the proven oil reserves are currently held by OPEC countries.

	Country	Reserves (MMbbl)
—	OPEC	1,112,448 - 1,199,707
1	Saudi Arabia	265,405 - 460,017
2	Venezuela	211,169 - 297,571
3	Canada	173,625 - 175,200
4	Iran	151,167 - 154,580
5	Iraq	143,000 - 147,000
6	Kuwait	103,998 - 111,500
7	United Arab Emirates	97,800
8	Russia	60,003 - 116,000
9	Libya	47,102 - 48,014
10	Kazakhstan	30,002 - 39,800
11	Nigeria	37,200
12	Qatar	25,382
13	United States	20,682
14	China	20,350
15	Brazil	13,986
16	Mexico	13,800
17	Algeria	12,200
18	Angola	10,470
19	India	9,043
20	Ecuador	8,235
21	Azerbaijan	7,000
22	Norway	5,321 - 6,700
23	Sudan	6,700
—	European Union	6,700
24	Malaysia	5,800
25	Oman	5,500
26	Ghana	5,000
27	Egypt	4,500
28	Vietnam	4,400
29	Australia	4,158
30	Indonesia	3,990 - 4,118
31	Gabon	3,700
32	United Kingdom	2,800
33	Yemen	1,194[1]
34	Argentina	2,504
35	Syria	2,500
36	Colombia	2,300
37	Congo, Republic of the	1,940
38	Equatorial Guinea	1,705
39	Chad	1,500
40	Peru	1,240
41	Brunei	1,100
42	Uganda	1,000
43	Denmark	900
44	Trinidad and Tobago	830
45	Romania	650
46	Turkmenistan	600
47	Uzbekistan	594
48	Timor-Leste	554
49	Bolivia	465
50	Thailand	442
51	Tunisia	425
52	Italy	400
53	Ukraine	395
54	Pakistan	313
55	Netherlands	310
56	Germany	276
57	Turkey	262
58	Cameroon	200
59	Albania	199
60	Belarus	198
61	Congo, Democratic Republic of the	180
62	Cuba	179
63	Papua New Guinea	170
64	Philippines	168
65	New Zealand	166
66	Chile	150
67	Spain	150
68	Bahrain	125
69	France	101
70	Cote d'Ivoire	100
71	Mauritania	100
72	Poland	96
73	Austria	89
74	Guatemala	83
75	Suriname	79
76	Serbia	77
77	Croatia	66
78	Myanmar	50
79	Japan	44
80	Kyrgyzstan	40
81	Georgia	35
82	Bangladesh	178
83	Hungary	26
84	Bulgaria	15
85	South Africa	15
86	Czech Republic	15
87	Lithuania	12
88	Tajikistan	12
89	Greece	10
90	Slovakia	9
91	Benin	8
92	Belize	7
93	Taiwan	2
94	Israel	2
95	Barbados	2
96	Jordan	1
97	Morocco	0.7
98	Ethiopia	0.4
-	Total World (2011)[2]	1,481,526

See also [edit]

• List of countries by oil production
• List of oil-consuming states

References [edit]

Notes [edit]

Sources [edit]

• Est Proven Oil Reserves 2011 - CIA Factbook
• Comité Professionel du Pétrole - 2001