On the theme : Oil-rich countries in the world

Countries with relatively small oil reserves

he share of Libya's oil potential is 3%, although oil production in Libya is projected to take about sixty years. Proved oil reserves are estimated at $ 47 billion. Libya ranks 4th on the African continent in terms of gas and oil production. The country’s economy is based on oil production and exports, which account for more than ninety percent of the treasury.
Nigeria - the country's oil share is just over two percent. Nigeria’s oil reserves in these fields will dry up in 35 years. Approximately 37 billion barrels. The country is heavily dependent on black gold exports - about 80-90 per cent of budget revenues. The state has the largest deposits on the African continent.
Kazakhstan has 30 billion barrels of oil reserves (1.8% of world reserves). After gaining independence, Kazakhstan began to attract global investors. At the same time, the inflow of foreign investment in the state oil industry has increased several times.
Qatar ... Qatar's natural resources are mined in large deposits. The potential of the oil industry exceeds 25 billion barrels. The reliability of the oil industry ensures the prosperity of the state. Qatar is the fourth largest supplier of dry blue fuel.
China produces more than 200 million tons of ore. oil per year. Market share - 5%. China has 18.5 billion barrels of residual reserves (about 1% of the world). The economy of the most populous country is developing the fastest. China is a major consumer of world energy. Every year, companies increase the production of fossil fuels, but coal remains the main energy source for China.
Algeria - 0.7% of world capacity (only twelve billion barrels). Algeria, a major producer and producer, is the second largest oil producer in Africa. The state parliament is attracting investment by cutting taxes for the gas industry and mine producers.
The share of India's oil potential is five and a half billion barrels. It ranks fourth in terms of fossil fuel consumption and imports. Currently, the state is unable to meet the demand for energy resources within the country. Increasing fuel reserves has become a priority for the country.
Australia - 3.8 billion barrels. The country of the continent attracts the world's mining companies with its political stability and proximity to Asian countries. Cash inflows of foreign companies have a positive impact on the development of deposits. The continent is rich in uranium reserves.

Internet resource: www.google.com www.Wikipedia.com http://22century.ru/docs/oil-exploration-2