The country with the largest oil reserves in the world is .

Updated on Financial 2024-05-22
11 answers
  1. Anonymous users2024-02-11

    The latest ranking of the world's oil reserves.

    Rank country reserves.

    A Saudi Arabia 36.2 billion tons.

    2. Canada 18.4 billion tons.

    A Saudi Arabia 36.2 billion tons.

    2. Canada 18.4 billion tons.

    3. Iran 18.1 billion tons.

    IV. Iraq 15.7 billion tons.

    5. Kuwait 13.8 billion tons.

    Six UAE 12.6 billion tons.

    7. Venezuela 10.9 billion tons.

    VIII. Russia 8.2 billion tons.

    IX Libya 5.4 billion tons.

    10. China 5 billion tons.

  2. Anonymous users2024-02-10

    Saudi Arabia has a liberal economic policy. Saudi Arabia is known as an "oil kingdom" and is extremely rich in oil and natural gas resources. The oil industry is the main pillar of the Saudi economy, plays a leading role in the national economy, and is one of the countries with the largest oil reserves, production and exports in the world.

    Oil revenues account for more than 70 percent of the state's fiscal revenues, and oil export revenues account for about 90 percent of total exports. As of 2001, Saudi Arabia had proven oil reserves of about 36.2 billion tons (264.2 billion barrels), accounting for 25 of the world's reserves, ranking first in the world. Natural gas reserves are trillions of cubic meters, accounting for 4% of the world's total natural gas reserves, ranking fourth in the world.

    According to the current oil production estimates, the oil in Saudi Arabia can still be exploited for about 80 years. In addition, there are gold, copper, iron, tin, aluminum, zinc and other mineral deposits, which is the world's fourth largest market. Groundwater is the main source of hydraulic resources.

    With a total reserve of 36 trillion cubic meters, a water source 20 meters below the surface can be used for about 320 years based on current water consumption. Sand is the world's largest producer of desalination, and the total desalination of the country accounts for about 21 of the world's desalination. There are a total of 184 reservoirs, with a storage capacity of 100 million cubic meters.

    The oil and petrochemical industries are the lifeblood of Saudi Arabia's economy. With an annual output of 4.5 billion tonnes and oil revenues of about $40.05 billion. Saudi Arabia attaches particular importance to agriculture.

    There are 32 million hectares of arable land and 3.6 million hectares of cultivated land in the country. Saudi Arabia has the highest GDP of any country in the Middle East, which is one of the highest among developing countries. Saudi Arabia relies on oil revenues as its main economy**.

    The oil sector plays a leading role in Saudi Arabia's economic development, accounting for more than 30% of GDP. Saudi Arabia's exports are dominated by oil, accounting for about 90% of its total exports, and the export volume of petrochemicals and certain industrial products is also gradually increasing. Imports are mainly machinery and equipment, food, textiles and other consumer goods and chemical products.

    Saudi Arabia is a high-welfare state. Free medical care is provided. Currency Name:

    Saudi riyal.

  3. Anonymous users2024-02-09

    Petroleum is a natural chemical raw material and an important resource, because of its importance, it is called "the blood of industry", which shows the role of oil in industry. The country with the largest oil reserves in the world is currently Venezuela.

    The importance of oil is self-evident, and there are two theories about whether oil is a renewable resource, one is that oil has evolved over a long period of time and is a non-renewable resource. Another theory is that oil is produced by carbon in the earth's crust and is a renewable resource.

    The historical origins of oil

    Oil is an indispensable raw material for chemical industry, as early as ancient Egypt and ancient Babylon, there are records of oil extraction, at that time, people began to use asphalt to bond walls to waterproof. Later, people collected oil for fuel and used it in wars.

    In the 19th century, a pharmacist invented kerosene lamps, and kerosene lamps became popular. China's oil resources are also very rich, as early as the Song Dynasty, Shen Kuo named this liquid that can cook, light and heat. <>

    Which country has the largest oil reserves in the world?

    Many countries in the world have a lot of oil reserves, and a lot of oil reserves means that they are rich in resources. In the world, the country with the largest oil reserves is Venezuela. Oil is measured in barrels, and one ton is approximately equal to seven barrels.

    In 2018, Venezuela had confirmed oil reserves of nearly 300 billion barrels, ranking first in the world. Venezuela is also one of the largest oil exporters to the United States. The abundant oil resources became the backbone of the country's economy. <>

    Our country is also rich in oil resources

    In the ranking of global petroleum resources, the reserves of China's petroleum resources are also among the top ten. There are more than 100 billion barrels of proven oil reserves. China's oil fields have now developed to more than 500, the most famous are Daqing Oilfield, Shengli Oilfield, Liaohe Oilfield in Northeast China, North China Oilfield in North China, Karamay and other oilfields in Northwest China.

  4. Anonymous users2024-02-08

    Venezuela is because there is a lot of oil, so their country does not need to develop other industries, and they can live very rich.

  5. Anonymous users2024-02-07

    Saudi Arabia, their oil reserves are very high, they export more oil, and the country is relatively rich.

  6. Anonymous users2024-02-06

    Saudi Arabia, this place has a lot of oil, and they all live a very happy life on oil.

  7. Anonymous users2024-02-05

    The country with the largest reserves is Venezuela, which has the largest oil reserves in the world, with reserves of about 296 billion barrels.

  8. Anonymous users2024-02-04

    Saudi Arabia is this country, and this country can now be said to have the largest oil reserves in China. It can be said that it is the kingdom of oil.

  9. Anonymous users2024-02-03

    The country with the largest oil reserves in the world is Venezuela.

    The country with the largest oil reserves in the world is Venezuela in Latin America. Due to the economic sanctions imposed by the United States on Venezuela in recent years, Venezuela has become a domestic inflation and economic depression. Even lying on the oil "gold mine" is empty of joy.

    I keep a large area of oil, but I have to go to other countries to buy it.

    As the country with the largest oil reserves, Venezuela's resources are mainly distributed in the Orinoco oil belt, the Lake Maracaibo region in the west, the Anzoa Ategui region in the east, the Monagas region and the Barinas and Abre regions in the center. Among them, Lake Maracaibo is the largest lake in Latin America and is known as the "oil lake".

    Oil

    Oil, together with coal and natural gas, is known as the "three major energy sources" of human beings, which are all non-renewable resources and are closely related to human life. Among them, oil is called "the blood of industry". Oil has been exploited and exploited by ancient Egyptians and ancient Babylonians a long time ago; The Chinese name "petroleum" was first named by Shen Kuo, a scientist at the Northern Song Dynasty University in China.

    The main component of petroleum is hydrocarbons, and most of the upper crust is stored in oil. The former believes that oil is formed by organisms in ancient oceans or lakes after a long period of evolution, and belongs to biological sedimentation to oil, which is non-renewable; The latter believes that oil is generated from the carbon within the earth's crust itself, is biologically independent, and is renewable.

  10. Anonymous users2024-02-02

    Venezuela. It is an important oil producer and exporter. Based on its daily consumption of 10,000 barrels, its storage can be used for 775 years, without taking into account other factors such as consumption growth.

    The oil industry is the lifeblood of its economy, accounting for about 80% of Venezuela's export earnings through oil exports.

    Although Venezuela has the world's largest oil reserves, the country's oil production is not large due to the geological problems of oil products and the high cost of extraction.

    The world's oil reserves are mainly concentrated in the Middle East and South America, the largest reserve country is Venezuela in South America, with proven reserves of more than 300 billion barrels, and then the old oil countries in the Middle East occupy the top 10 positions in 5.

    They are Saudi Arabia (260 billion barrels), Iran (160 billion barrels), Iraq (150 billion barrels), Kuwait and the United Arab Emirates, but Canada has more than 170 billion barrels of proven reserves to rank third, Russia 80 billion barrels to rank 8th, Libya 50 billion barrels to rank 9th, and China only 25 billion barrels temporarily ranked 12th.

    The reason for China's low oil reserves.

    Let's start with the routine**.

    From the perspective of marine basins, the Paleozoic and Mesozoic marine basins in southern China were too badly damaged by multi-stage orogeny, and it was difficult to have effective traps. In the northwest and southwest, the buried depth is too large, the maturity is too high, and most of the oil has turned into gas; The marine basin in North China is too poor and there are basically no industrial reservoirs.

    There are no pre-Mesozoic marine basins in Northeast China; There are some small Mesozoic marine basins on the plateau, but they are also badly damaged and have little potential. As for the pre-Cambrian, it can only be said that there is some potential. From the perspective of continental basins, the source rocks are congenitally deficient compared with marine basins.

    Then basin size limits the amount of oil and gas generated; Bei Nai only stupid Late Paleozoic to Mesozoic Ordos Basin (Changqing Oilfield + Yanchang Oil), Mesozoic Songliao Basin (Daqing), Mesozoic Bohai Bay Basin (North China + Liaohe + Shengli + CNOOC Bohai Bay + Central Plains) is large enough to fight, what other Jianghan, Jiangsu, North and South Yellow Sea, East China Sea, Pearl River Estuary, Beibu Gulf, Tianshan on both sides are scum with combat effectiveness of only fifteen.

    Let's talk about unconventional**.

    To establish a premise first, conventional oil is already slag, and unconventional will not be good.

    That is, the source rocks that have not had the opportunity to form oil reservoirs in the southern marine facies have been formed but have been destroyed, and in addition to a little extra shale oil, the unconventional in other basins is just like that, the ceiling can be touched, and it will not break through the upper limit of conventional oil and gas reserves, and it is also buried deep and difficult to develop, that is, the southwest and southern hilly areas are relatively easy to develop because of the structural uplift. <>

  11. Anonymous users2024-02-01

    1. Country: Saudi Arabia;

    2. Situation: Saudi Arabia is known as the "oil kingdom", oil and natural gas resources are extremely rich, the oil industry is the main pillar of Saudi Arabia's economy, plays a leading role in the national economy, is one of the world's largest oil reserves, production and exports, oil revenues account for more than 70 percent of the country's fiscal revenue, oil export revenues account for about 90 percent of total exports, interception of 2001, Saudi Arabia has proven oil reserves of about 36.2 billion tons, accounting for 25 percent of the world's reserves, Ranking first in the world, according to the current estimation of Shi Zheng Jian chain oil production, Saudi Arabian oil can still be exploited for about 80 years.

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