The 2024 data on global gas proven reserves positions Iran as the leader with 17.96%, closely followed by Russia at 17.3%. Qatar holds a significant share of 13.02%, while Turkmenistan also commands a noteworthy share of 9.37%. The United States, Saudi Arabia, United Arab Emirates, Venezuela, China, and Nigeria capture smaller shares ranging from 4.67% to 2.83%. Year-on-year variations highlight the dynamic shifts in reserve holdings, with a keen eye on the evolving energy landscape. Over the past five years, a growth trend with varied contributions from these major reserve holders suggests changes in reserve exploitation and discovery.
Future trends to watch include:
- Technological advancements in extraction and recovery techniques potentially altering share distribution.
- Geopolitical tensions impacting production and reserve development.
- Policy shifts towards green energy affecting investment in gas development.
- Ongoing exploration activities in under-explored regions potentially impacting proven reserve rankings.
Top countries in Top Countries' Share of Global Gas Proven Reserves
| # | 10 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Iran | 17.96 | 2016 | |
| 2 | 2 Russia | 17.3 | 2016 | |
| 3 | 3 Qatar | 13.02 | 2016 | |
| 4 | 4 Turkmenistan | 9.37 | 2016 | |
| 5 | 5 United States | 4.67 | 2016 | |
| 6 | 6 Saudi Arabia | 4.52 | 2016 | |
| 7 | 7 United Arab Emirates | 3.26 | 2016 | |
| 8 | 8 Venezuela | 3.06 | 2016 | |
| 9 | 9 China | 2.88 | 2016 | |
| 10 | 10 Nigeria | 2.83 | 2016 |
