Natural gas reserves in Saudi Arabia increased by 4% to 332.8 trillion standard cubic feet by the end of last year 2019, compared to 320.3 trillion standard cubic feet by the end of 2018. >
According to Arabia Net, OPEC data showed that Saudi Arabia ranks sixth globally at the end of last year, accounting for 4.6% of global natural gas reserves, amounting to 7282.1 trillion He made a standard cubed, according to the economic newspaper.
Saudi Arabia has managed to double its gas reserves 7.2 times in 59 years (since 1960 until the end of 2019), when it was 46 trillion cubic feet standard in 1960 , Which means an increase of 623% during that period, with an average increase of 10.6% annually.
Saudi Arabia ranked sixth behind Russia, Iran, Qatar, the United States of America, and Turkmenistan with reserves of 1775.6 trillion standard cubic feet (24.4% of the world) for Russia, and 1,200.3 trillion feet Standard cubic (16.5%) for Iran, 841.6 trillion standard cubic feet (11.6%) for Qatar, 503.4 trillion standard cubic feet (6.9%) for the United States of America, and 430 trillion standard cubic feet (5.9%) for Turkmenistan. >
In the seventh place, the UAE came with a reserve of 215.1 trillion standard cubic feet (3% of the world), and eighth of Nigeria with a reserve of 203.4 trillion standard cubic feet (2.8% of The world), ninth in Venezuela with a reserve of 200.4 trillion cubic feet standard (2.8%), and Algeria lived by 159.1 trillion standard cubic feet (2.2%).
Regarding the development of reserves during the decades of the analysis period, Saudi Arabia's gas reserves increased to 56.4 trillion standard cubic feet, up by 23% (10.4 trillion standard cubic feet) in 1970. , Compared to 1960 (i.e. within 10 years).
While it increased by 99% (56.1 trillion standard cubic feet) in 1980, to 112.4 trillion standard cubic feet, then by 64% (72 trillion cubic feet standard ), Reaching 184.4 trillion standard cubic feet in 1990.
In 2000, Saudi Arabia's proven gas reserves were approximately 222.5 trillion cubic feet, up by 21%. In 2010, the reserves rose to 283.1 trillion cubic feet, standard, high 27% (60.6 trillion standard cubic feet) from 2000 levels.
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