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Different estimates may or may not include oil shale, mined oil sands or natural gas liquids. Because proven reserves include oil recoverable under current economic conditions, nations may see large increases in proven reserves when known, but previously uneconomic deposits become economic to develop.
Due to constant announcements of shale gas recoverable reserves, as well as drilling in Central Asia, South America, Africa, and deepwater drilling, estimates are updated frequently. Since 2000, some countries, notably the US and Canada, have seen large increases in proven gas reserves due to development of shale gas , but shale gas deposits in ...
Reserves of natural gas were found offshore the Gaza Strip in the year 2000, within the framework of licensing to British Gas by the Palestinian National Authority. [1] The discovered gas field, Gaza Marine, though mediocre in size, had been considered at the time as one of the possible drives to boost Palestinian economy and promote regional cooperation.
By default countries are ranked by their total proven oil reserves. Note that data related to one parameter may be more up to date than data related to some other. See also separate lists and their source pages: List of countries by proven oil reserves [1] List of countries by oil production [2] List of countries by oil consumption [3]
The country has the second-largest proven petroleum reserves, [67] and is the largest exporter of petroleum in the world. [68] It also has the fifth-largest proven natural gas reserves [69] and is considered an "Energy Superpower". The economy of Saudi Arabia is heavily dependent on oil, [70] and is a member of OPEC.
In 1999, BG Group was granted an exploration licence by the PA, and in 2000 the company discovered natural gas about 36 kilometres (22 mi) offshore in the Mediterranean Sea in the Gaza Marine gas field. As of 2021, exploitation of the gas field is still subject to negotiations.
This is a list of countries by recoverable shale gas based on data collected by the Energy Information Administration agency of the United States Department of Energy. [1] Numbers for the estimated amount of recoverable shale gas resources are provided alongside numbers for proven natural gas reserves .
Countries where natural gas fields are located. This list of natural gas fields includes major fields of the past and present.. N.B. Some of the items listed are basins or projects that comprise many fields (e.g. Sakhalin has three fields: Chayvo, Odoptu, and Arkutun-Dagi).