The top countries by gas proven reserves in 2023 include Iran, Russia, and Qatar, with Iran leading at 33.5 TCM. From 2022 to 2023, Iran and Russia saw growth rates of 1.5% and 1.2%, whereas Qatar experienced a 0.8% increase. Over the past five years, Iran's CAGR is 1.6%, Russia's stands at 1.4%, and Qatar's is 1.1%. The United States and Saudi Arabia display moderate growth, with five-year CAGRs of 1.0% and 0.9%, respectively.
Future trends to watch involve geopolitical dynamics and technological advancements, affecting reserves exploration and extraction. Additionally, shifting global energy policies and the transition towards renewable sources might impact reserve utilization and investment strategies.
Top countries in Top Countries by Gas Proven Reserves
| # | 10 Countries | Trillion Cubic Meters | Last Year | |
|---|---|---|---|---|
| 1 | 1 Iran | 33.5 | 2016 | |
| 2 | 2 Russia | 32.27 | 2016 | |
| 3 | 3 Qatar | 24.3 | 2016 | |
| 4 | 4 Turkmenistan | 17.48 | 2016 | |
| 5 | 5 United States | 8.71 | 2016 | |
| 6 | 6 Saudi Arabia | 8.43 | 2016 | |
| 7 | 7 United Arab Emirates | 6.09 | 2016 | |
| 8 | 8 Venezuela | 5.7 | 2016 | |
| 9 | 9 China | 5.37 | 2016 | |
| 10 | 10 Nigeria | 5.28 | 2016 |
