5 Countries with Highest Natural Gas Reserves

Below you can find the list of 5 Countries with Highest Natural Gas Reserves.  For a detailed coverage of this topic and a more comprehensive list, please see the 11 Countries with Highest Natural Gas Reserves

5. Turkmenistan

Reserves: 350 tcf

Even though Turkmenistan has considerably high proven reserves of natural gas, the production in the country has been relatively lesser. The country has also failed to use its strategic location to its advantage.

4. United States

Reserves: 454.6 tcf

 Natural gas constitutes of nearly one-fourth of the nation’s total energy consumption. The rising demand is met through increased deployment of technology in the development of production techniques.

3. Qatar

Reserves: 842.098 tcf

Most of Qatar’s natural gas reserves are located in its offshore Northfield which covers an area as large as the nation itself. The country has almost 14% of the entire world’s reserves and natural gas along with oil production accounts for almost 60% of the GDP.

2. Iran

Reserves: 1197.109 tcf

Iran has around 15.8% of the world’s natural gas reserves; however the country has huge potential for future discoveries of reserves that can increase its standing to a large extent. A whole lot of areas spanning from the Aghar and Dalan gas fields to the Stair of Hormuz, potentially natural gas-rich, have so far been untapped.

1. Russia

Reserves: 1688.228 tcf

Over 25% of European Union’s natural gas demands are met by Russia alone, while its own consumption is a whopping 457 bcm per year. With 24% of the world’s proven reserves, the country tops the list of countries with highest natural gas reserves.

See also 11 Countries That Consume the Most Oil in the World and 11 Largest Oil Reserves By Country In The World in 2020