Natural gas

Natural gas is a hydrocarbon gas formed naturally on the earth’s surface due to the decomposition of plant and animal matters over millions of years. It is mainly as a fuel source in industries and domestic cooking process. The hydrocarbon gas mixture contains methane, ethane, propane, butanes, and pentanes, and sometimes it contains carbon dioxide, hydrogen sulfide, nitrogen, and helium in a small percentage. Natural gas is found naturally on the rock formations below the earth’s surface.

Natural gas used as a heating source in industries of petrochemical, plastic, artificial, and rubber and fuel for vehicles and electricity generation.

Natural Gas Reserve:

Natural Gas Reserve represents the vast existence of natural gas. These reserves are worldwide, and Russia is having the world’s largest natural gas reserves. As of 2018, there are 7,124 trillion cubic feet of proven gas resources in the world. 

Algeria

Algeria 2018, Algeria holds the world’s tenth-largest natural gas reserves with 4,504 billion cubic meters. The most abundant gas fields in the country are Rhourde Nouss, Alrar and Hamra.

 Proven Gas Reserves: 4,504 billion cubic meters  (2018)

Natural Gas production: 95,898.5 billion cubic meters (2018)

source: https://www.opec.org/opec_web/en/about_us/146.htm

Nigeria

Nigeria ranks ninth for the proven natural gas reserves in the world, with 5,675 billion cubic meters. Countries gas reserves located in Niger Delta.

Proven Gas Reserves: 5,675 billion cubic meters (2018)

Natural Gas Production: 44,250.8 million cubic meters (2018)

source: https://www.opec.org/opec_web/en/about_us/167.htm

Venezuela

Venezuela  is the eight largest in the world reserves  5,674 billion cubic meters of Natural Gas . Most of the natural gas is used by the countries petroleum industry. The onshore fields are Anaco, Barrancas and yucal.

 Proven Gas Reserves: 5,674  (billion cu. m.) (2018)

Natural Gas production: 24,785 million cubic meters (2018)

source: https://www.opec.org/opec_web/en/about_us/171.htm

 UAE

The United Arab Emirates holds the seventh-largest proven gas reserves in the world. In 2018, the OPEC had a proven resource of 6,091 billion cubic meters. In the Middle East, UAE is having the third-largest natural gas reserves, which are 3% of the world’s reserves. The gas reserves found in Abu Dhabi, Dubai, Sharjah, and Ras-Al-Khaimah.

 Proven Gas Reserves: 6,091 billion cubic meters (2018)

Natural Gas Production: 47,624 million cubic meters (2018)

source: https://www.opec.org/opec_web/en/about_us/170.htm

Saudi Arabia

Saudi Arabia ranks sixth for having the world’s proven natural gas reserves with 9,069 billion cubic meters. The Ghawar onshore field and offshore fields of Safaniya and Zuluf contain more than half of its gas reserves. Saudi Aramco is the largest natural gas producer in the country.

 Proven Gas Reserves: 5.9 trillion cubic feet (2018)

Natural Gas Production : 118,000 million cubic meters (2018)

source: https://www.opec.org/opec_web/en/about_us/169.htm

USA

United States of America of 2018 OPEC, USA, holds the world’s fifth-largest natural gas reserves with 504,501 billion cubic meters. Initially, in 2015, natural gas in the United States is seen as an excellent source for electricity generation. The most abundant gas fields located in Texas. The interstate gas pipeline in the United States extends more than 189,000 miles. The United States is the largest producer of NGL (Natural Gas Liquid).

 Proven Gas Reserves: 504.5 trillion cubic feet (2018)

Natural Gas production: 34,077 billion cubic feet (2018)

source: https://www.eia.gov/naturalgas/crudeoilreserves/

Turkmesnistan

Turkmenistan, a country in Central Asia, holds the world’s fourth-largest proven gas reserves 9838 billion cubic meters as of OPEC 2018. Most of its gas reserves located in the Amu Darya basin and Murgab South Caspian. Turkmenistan developed and expanded its gas reserves very well. It becomes the leading exporter of natural gas for China, Russia, and Iran.

Proven Gas Reserves: 265 trillion cubic feet (as of Jan 2016)

Natural Gas production: 85 billion cubic feet

Qatar

Qatar is the third-largest country with 24.7 trillion cubic meters of proven natural gas reserves and is the second-largest in the Middle East. Qatar’s reserve represents 12.5% of the world’s proven gas reserves and is also the largest exporter of LNG (Liquefied Natural Gas). Its gas fields located in the vast offshore North Field, which is the largest non associated gas field in the world.

Proven natural gas reserves (billion c.m.) : 23,846 (2018)

Natural gas marketed production (billion c.m.) : 170.04 (2018)

source: https://www.gecf.org/countries/country-map.aspx

Iran

Iran holds the world’s third-largest natural gas reserves with 33,899 billion cubic meters. Iran is holding 18% of total proven gas reserves globally. About 13.5% of its natural gas reserves are associated with onshore, and 18.4% are non-associated. In Iran, the gas fields located in South Pars, North Pars, Kish, and Kangan. The gas field in South Pars is the largest in Iran.

Proven Gas Reserves: 33,899  billion cu. m   (2018)

Natural gas exports : 12,327.5 million cu. m  (2018)

source: https://www.opec.org/opec_web/en/about_us/163.htm

Russia

Russia holds the world’s largest natural gas reserves with 50,617 billion cubic meters. Russia is having 24% of the world’s proven reserves. Russia is also the world’s largest exporter, and most of its gas reserves located in Siberia. 

 Proven Gas Reserves: 50,617 billion cubic meters (2018)

Proven Gas Productio : 725.4 billion cubic meters (2018)

source: http://minenergo.gov.ru/