What is China s oil ranking in the world? How many oil reserves do China rank in the world?

Updated on international 2024-04-22
8 answers
  1. Anonymous users2024-02-08

    China ranks 12th in the world in terms of reserves.

    According to the statistics of BP in 2006 (reserves are proven reserves in 2004,) the world's oil reserves ranking.

    Unit: 1 billion barrels.

    Percentage of reserves.

    1 Saudi Arabia.

    2 Iran. 3 Iraq.

    4 Kuwait.

    5 United Arab Emirates.

    6 Venezuela.

    7 Russia.

    8 Kazakhstan.

    9 Libya.

    10 Nigeria.

    11 United States.

    12 China.

    13 Canada.

    14 Qatar.

    15 Mexico.

    16 Algeria.

    17 Brazil.

    18 Norway.

    19 Angola.

    20 Azerbaijan.

    21 Sudan.

    22 Oman.

    23 India.

    24 Ecuador.

    25 Indonesia.

    26 United Kingdom.

    27 Malaysia.

    28 Australia.

    29 Egypt.

    30 Syria.

    List of statistics (excel format).

    Oil Consumption Ranking.

    Unit: thousand barrels per day.

    Quantity Weight.

    1 United States 20517

    2 China 6684

    3 Japan 5288

    4 Russia 2574

    5 Germany 2625

    6 India 2555

    7 South Korea 2280

    8 Canada 2206

    9 France 1975

    10 Italy 1871

    11 Mexico 1896

    12 Brazil 1830

    13 United Kingdom 1756

    14 Saudi 1728

    15 Spain 1593

    16 Iran 1551

    17 Indonesia 1150

    18 Netherlands 1003

    19 Thailand 909

    20 Taiwan 877

    21 Australia 858

    22 Singapore 748

    23 Belgium 779

    24 Turkey 688

    25 Egypt 566

    26 Venezuela 577

    27 Malaysia 504

    28 Poland 462

    29 Greece 411

    30 Argentina 393

    Note that 7 and a half barrels, one ton.

  2. Anonymous users2024-02-07

    According to the new round of national oil and gas resources assessment, China's total recoverable oil resources are 15,020 billion tons. Among them, the total resources available for exploration and utilization before 2020 are 15 billion tons, and with technological progress and field expansion in 2020 and 2050, the total resources available for exploration and utilization are expected to increase by another 5 billion tons to 20 billion tons. The total amount of oil resources ranks sixth in the world and first in Asia.

    The total recoverable natural gas resources in China are 14 22 trillion cubic meters, of which the total resources that can be explored and utilized before 2020 is 14 trillion cubic meters, and the total resources that can be explored and utilized in 2020 and 2050 will increase by 8 trillion cubic meters to 22 trillion cubic meters. The total amount of natural gas resources ranks fifth in the world and first in Asia.

    By the end of 2005, China had proven recoverable oil reserves of 6.9 billion tons, proven recoverable natural gas reserves of trillions of cubic meters (excluding trillions of cubic meters of oilfield associated gas), and the proven rates of oil and gas resources were 35% and 14% respectively. In general, the degree of exploration of oil and gas resources is not high. By the end of 2005, the cumulative production of oil and natural gas in the country was 100 million tons and 432.4 billion cubic meters, and the degree of recovery of proven oil and gas reserves was 65 percent and 14 percent.

    Although China's oil and gas resources are relatively abundant, the per capita share is low. The per capita share of China's petroleum resources is tons, which is only 1 5 1 6 of the world average of 73 tonsThe per capita possession of natural gas resources is 10,000 cubic meters, which is 1 5 1 7 of the world average of 70,000 cubic meters. In China, oil and gas resources have become a very scarce strategic resource.

    China's total oil and gas resources are relatively abundant, and the current degree of oil exploration is still in the middle stage, and natural gas exploration is still in the early stage. By increasing investment in exploration and relying on technological innovation, we can also make new discoveries and increase new reserves, and we still have a relatively strong resource base for development.

  3. Anonymous users2024-02-06

    China ranked 12th.

    1st place: Saudi Arabia

    Proven oil reserves: 262.6 billion barrels.

    Proportion of global reserves:

    Oil production per day: 10.52 million barrels.

    Oil consumption per day: 2.64 million barrels.

    Oil exports to the United States per day: 1.47 million barrels.

    2nd place: Venezuela

    Proven oil reserves: 211.2 billion barrels.

    Proportion of global reserves:

    Oil production per day: 2.38 million barrels.

    Oil consumption per day: 10,000 barrels.

    Oil exports to the United States per day: 10,000 barrels.

    No. 3: Canada

    Proven oil reserves: 175.2 billion barrels.

    Proportion of global reserves:

    Oil production per day: 3.48 million barrels.

    Oil consumption per day: 2.21 million barrels.

    Oil exports to the United States per day: 2.32 million barrels.

    4th place: Iran

    Proven oil reserves: 137 billion barrels.

    Proportion of global reserves:

    Oil production per day: 4.25 million barrels.

    Oil consumption per day: 1.85 million barrels.

    Daily oil exports to the United States: 0

    5th place: Iraq

    Proven oil reserves: 115 billion barrels.

    Proportion of global reserves:

    Oil production per day: 2.64 million barrels.

    Oil consumption per day: 10,000 barrels.

    Oil exports to the United States per day: 10,000 barrels.

  4. Anonymous users2024-02-05

    The world's largest oil country is Venezuela.

    As early as 2011, Venezuela had 296.5 billion barrels of proven oil reserves, ranking first in the world, more than 30 billion barrels more than Saudi Arabia.

    According to the latest US estimates, Venezuela's heavy oil reserves have exceeded 500 billion barrels, more than double the internationally accepted amount. The reserves of one Orinoco oil belt alone are equal to the total reserves of Saudi Arabia.

    Introduction

    Although the reserves are the largest in the world, these oil resources, which are buried nearly 10,000 meters underground, belong to the poor quality of high-sulfur heavy oil. This kind of ** is contained in the form of oil sands in the deep underground, which is not only extremely difficult to mine, but also extremely costly. And it must be refined and blended before it can be exported.

    The quality is much worse than that of light oil, so it can only rely on the low-price strategy and sell it to some economically backward areas.

    Secondary processing due to difficult extraction and poor oil quality has seriously affected the efficiency and cost of Venezuelan oil. Under the premise that the world is rich in light quality, oil and gas exploitation companies are naturally reluctant to exploit heavy oil. Especially today, when oil prices have plummeted, no one wants to lose money and make money.

  5. Anonymous users2024-02-04

    The ranking of the world's major oil producers is as follows:

    1 Saudi Arabia. Saudi Arabia is the largest oil producer in West Asia and the Middle East, accounting for global oil production, with proven reserves of about 263 billion barrels. It produces 11.75 million barrels of oil per day.

    2. The United States. The United States is the world's second largest oil producer, accounting for the world's total oil production, the United States is also the largest consumer of oil resources, with proven reserves of 21 billion barrels, the country still imports oil from other countries, rich in 10.59 million barrels of oil per day, the capital is Washington.

    3. Russia. Russia, a country located in the northern part of the Eurasian continent, accounts for the world's oil production, with proven reserves of 60 billion barrels, and there is still underexplored oil in Eastern Siberia, which may reach 4.7 billion barrels according to preliminary estimates. 10.3 million barrels of oil per day are produced.

    4. Iran. Iran accounts for 137 billion barrels of global oil production, including 10% of conventional oil reserves, and produces 4.13 million barrels of oil per day.

    5. Arab Emirates. Located at the southeastern tip of the Persian Gulf on the Arabian Peninsula and bordered by southern Saudi Arabia to the east, the Arab Emirates accounts for global production and 98 billion barrels of oil reserves, mostly in the Abu Dhabi, Dubai and Sharjah regions. It produces 3.23 million barrels of oil per day.

  6. Anonymous users2024-02-03

    In 2022, China ranked third in world oil production, becoming one of the world's top three oil producers. According to statistics, the United States is currently the world's largest oil producer, and its production in 2022 is estimated to reach 10,000,000 barrels per day before the difference, and about 10,000,000 barrel-days of its celebration will be generated by oil and gas fields in the United States. It is followed by Russia, which is estimated to produce 10,000,000 barrels per day, of which about 10,000 barrel per day is generated by oil and gas fields within its borders.

    In addition, China's production in 2022 is estimated to reach 10,000,000 barrels per day, of which about 93 million barrels per day will be generated by oil and gas fields in China. It can be seen that in 2022, China will continue to rank third in world oil production, while the United States and Russia will continue to maintain the top two positions in global oil production.

  7. Anonymous users2024-02-02

    Under the influence of the epidemic, oil ** has been falling endlessly, and even negative numbers have appeared, and there have been huge losses in the wealth management products of a bank in China. Oil is the lifeblood of a country's industry, and oil **** is actually a better thing for our country. Because China's dependence on oil imports is very high, the best oil in China enables China to buy a large amount of high-quality and low-cost oil.

    At present, the country with the largest proven oil reserves is Venezuela from South America, followed by Saudi Arabia, the oil bulgar of the Middle East, and Canada from North America.

    I really didn't expect that Venezuela's oil reserves would come out on top, more than Saudi Arabia, with proven reserves of 30.8 billion barrels, accounting for 1.5 of the world's total proven reserves. Of course, this is still 2017 data, but due to the high cost of extraction in Venezuela, during the period of low oil prices, they did not make any money at all, and even had to pay backwards for every barrel mined, so although their oil reserves exceed those of Saudi Arabia, the foreign exchange in exchange for oil is much less than that of Saudi Arabia.

    And our northern neighbor polar bear, Russia, their oil reserves currently rank eighth in the world, with known reserves of 80 billion barrels, while China's old rival, the United States, ranks tenth in oil reserves, with proven reserves of 39.2 billion barrels, while China's oil reserves are only ranked 13th in the world, and China's oil reserves are only 25.6 billion barrels.

    What's more deadly is that China's reserves are not only not much, but also China's exploitation costs are quite high, more than the vast majority of countries according to the report of grain barrels of oil, according to our two barrels of oil report, in 2016, our domestic oil fields cost $50 per barrel of oil, this price is not high, but quite high.

    There is no harm if there is no comparison, for example, the mining cost in Saudi Arabia is less than ten dollars, our old friend, the mining cost in Russia is 17 dollars per barrel, and our old rival, the United States, is 36 dollars a barrel, but despite this, it is still much lower than ours.

    Therefore, to sum up, China is a relatively scarce oil resources, the cost of exploitation is quite high, and China's rapid development of the demand for oil is particularly large, for the import of oil dependence is very large, so energy security has always been a strategic issue that China attaches great importance to.

  8. Anonymous users2024-02-01

    China's oil reserves are about 15 billion barrels, but the cost of extraction is the highest among the world's major oil producers. At present, China's first proven reserves are about 100 million tons, ranking 14th in the world, although it cannot be compared with Venezuela, Saudi Arabia, Canada and other countries, but from a global perspective, China's oil reserves are still relatively large. Moreover, the proven 100 million tons are not China's final oil reserves, because with the continuous advancement of China's exploration work and the continuous development of exploration technology, China's proven oil reserves are growing every year.

    Despite this, China still needs me to import a large number of ** every year, at present, China is the world's largest import country, in 2018 China's oil imports reached about 100 million tons, and in 2018 China's oil consumption reached 100 million tons, which means that China's import dependence has reached. In recent years, China has imported a large amount of oil, because China's oil consumption is very large, China as the world's second largest economy, the world's largest industrial producer, and there are many domestic automobile consumption demand, so the annual oil consumption is very huge, China's own oil exploitation alone can not meet the domestic oil growth demand, plus China's oil exploitation cost is much higher than the Middle East oil exploitation cost, so many oil companies are from the Middle East, Russia, the United States and other places import oil.

    However, compared with traditional oil, the current shale oil extraction and refining costs are relatively high, and the potential environmental pollution is also relatively large, so at present, China does not have large-scale shale oil exploitation, but only small-scale mining in local areas.

    However, with the continuous improvement of shale oil extraction technology, I believe that shale oil will become one of the main enterprises in China in the future, if China's shale oil can be exploited in large quantities like the United States, it will greatly alleviate China's import dependence, which is of great significance for maintaining our energy security.

Related questions
7 answers2024-04-22

The logo of Sinopec is composed of "Chaoyang Trademark", "SINOPEC Trademark" and "Mantianxing Trademark". On behalf of Sinopec, adhering to the concept of sustainable development, shouldering social responsibility, caring for the environment and improving the quality of life of consumers through a complete midstream and downstream industrial chain. The red circle harmoniously connects Chinese and English into a whole, implying that Sinopec is an energy provider, the lifeblood of economic operation, and a sunrise industry, and is moving towards the vision and goal of building a multinational energy and chemical company with strong international competitiveness.

11 answers2024-04-22

I don't know what the economy ranks in, but I know that Ningxia's per capita consumption level ranks very high in the country.

11 answers2024-04-22

The FIVB announced the latest world rankings of men's volleyball teams around the world, and the Chinese men's volleyball team, which won the runner-up in the Asian Men's Volleyball Championship, ranked 17th in the world with points, up three places from the last ranking. In the Asian men's volleyball team, they surpassed the Japanese men's volleyball team and ranked second, and the top ranking in the Asian men's volleyball team was the South Korean men's volleyball team, which ranked fifteenth. Last year's World Men's Volleyball Championship and this year's World Men's Volleyball Grand Prix, the champion of the Brazilian men's volleyball team, ranked first with an absolute advantage. >>>More

18 answers2024-04-22

The world's oceans cover an area of 100 million square kilometers, about twice the size of the land. The continental shelf and continental slope are about 55 million square kilometers, which is equivalent to the total area of terrestrial sedimentary basins. 1 4 of the proven oil resources and 45 of the final recoverable reserves on the planet are buried on the seabed. >>>More

7 answers2024-04-22

43rd place. It's true, I'm checking and then you.