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Fifthly, the top 10 countries in the world possessing oil reserves are Iraq
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Economy News _ Baghdad
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Added 08/14/2023 - 9:06 AM
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Economy News _ Baghdad
Iraq ranked fifth among the top 10 countries in the world with oil reserves, according to the Italian oil company Eni.
And Eni said in a table for it, which was seen by "Al-Iqtisad News", that "Iraq came in the fifth place among the 10 largest countries in the world in terms of oil reserves, with an amount of 145.019 billion barrels for the year 2022, with a compound growth rate of 0.1%," noting that "Iraq has reached its reserves Of oil in 2010 amounted to 143,100 billion barrels, then decreased in 2011 to 142,503, to rise to 148,766 in 2016, then decreased to 145.019 billion barrels in 2018, to settle with the same amount until 2022.
Eni said, "Venezuela came at the forefront of countries with oil reserves, amounting to 303.375 billion barrels, Saudi Arabia came second with 272.904 billion barrels, then Iran came third with 208.600 billion barrels, and then Canada came fourth with 161.678 billion barrels."
And she continued, "The UAE came sixth with 115.150 billion barrels, Russia came seventh with 107.804 billion barrels, Kuwait came eighth with 101.500 billion barrels, and Libya came in ninth place with 48.363 billion barrels, and in the tenth place came the United States of America with 44.720 billion barrels."
And she indicated that "the total oil reserves of the ten countries amount to 1.509.123 trillion barrels, while the oil reserves of the rest of the world's oil-producing countries other than the ten amount to 237.295 billion barrels," indicating that "the total world oil reserves amount to 1.746.418 trillion barrels."
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Added 08/14/2023 - 9:06 AM
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