RESERVES OF WORLD

BY-
Nikhil Agarwal 12BPE003
Raj Bhalani 12BPE009
Abhee Chaudhry 12BPE016
Parth Chauhan 12BPE017
Vishrut Chokshi 12BPE018
Ekansh Das 12BPE021
Natural gas is a hydrocarbon gas mixture consisting
primarily of methane, but commonly includes
varying amounts of other higher alkanes and even
a lesser percentage of carbon dioxide, nitrogen,
and hydrogen sulfide.

A Non Renewable Resource

An energy source often used for heating, cooking,
and electricity generation. It is also used as fuel for
vehicles and as a chemical feedstock in the
manufacture of plastics and other commercially
important organic chemicals.
Introduction
STATUS OF WORLD GAS RESERVES
When the generation and migration of gas are considered, the
extensive vertical gas-generation zone includes:
shallow biogenic gas,
the intermediate dissolved gas of the oil window,
and deeper thermal gas.

Because the utilization of gas in large volumes lags behind
the use of oil, the worlds stock of gas is expected to last
longer than that of oil. However, if the consumption of gas
approaches that of oil on an equivalent basis, it too will be
short-lived as a major energy resource.
PROVED RESERVES OF NATURAL GAS
Those quantities that geological and
engineering information indicates with
reasonable certainty and which can be
recovered in the future from known
reservoirs under existing economic and
operating conditions.
WORLD NATURAL GAS RESERVES DISTRIBUTION
TOP COUNTRIES BY NATURAL GAS PROVEN
RESERVES
Rank Country Reserves(Cubic
meters)
1 Russia 48,700,000,000,000
2 Iran 33,600,000,000,000
3 Qatar 25,100,000,000,000
4 Turkmenistan 17,500,000,000,000
5 United States 9,460,000,000,000
6 Saudi Arabia 8,200,000,000,000
7 Venezuela 5,524,500,000,000
8 Nigeria 5,246,000,000,000
9 Algeria 4,502,000,000,000
10 Australia 3,825,000,000,000
25 India 1,075,000,000,000
USA
U.S. wet natural gas proved reserves decreased 26 trillion
cubic feet (7.5%) in 2012. Low natural gas prices, reflected in
a 34% decline in the 12-month, first-of-the-month, average
spot price of natural gas at the Henry Hub between 2011 and
2012, led to large negative net revisions (-45.6 trillion cubic
feet) to the reserves of existing fields that offset almost all
gains from extensions of existing fields.

Proved natural gas reserves in the Marcellus Shale gas play
in Pennsylvania and West Virginia surpassed those in the
Barnett Shale play of Texas to become the largest shale gas
play in the United States.
U.S. oil and natural gas production both increased in 2012
crude oil and lease condensate production rose about 16%,
and, despite the drop in proved natural gas reserves, wet
natural gas production rose about 6%.
natural gas proved reserves for 2013 will be affected positively
by the recovery in natural gas prices from 2012 to 2013.

QATAR
It is the largest exporter of liquefied natural gas (LNG) in the
world, and the country's exports of LNG, crude oil, and
petroleum products provide a significant portion of
government revenues.
Natural gas is at the center of Qatar's energy sector. Already
the world's largest exporter of liquefied natural gas (LNG),
several recent developments in the country's natural gas
sector could boost production in the short term.
Nearly all of Qatar's natural gas production comes from the
North Field, which is part of the largest non-associated natural
gas field in the world.
Qatar's natural gas consumption continues to rise as the
country's overall energy demand rises along with its economy.
Qatar exports nearly 85% of its natural gas as liquefied natural
gas (LNG), and it has been the largest exporter of LNG in the
world since 2006.

RUSSIA
Russia is the second-largest producer of dry natural
gas and third-largest liquid fuels producer in the
world.
Russia's economy is highly dependent on its
hydrocarbons, and oil and gas revenues account
for more than 50% of the federal budget revenues.
Russia holds the largest natural gas reserves in the
world, and is the second-largest producer of dry
natural gas.


IRAN
Second-largest proved natural gas reserve holder in the
world.
Iran holds 17% of the world's proved natural gas
reserves and more than one-third of OPEC's reserves.
Although finding new natural gas reserves is not a high
priority because much of Iran's current reserves are
undeveloped, there have been significant gas
discoveries in recent years.
It is world's third-largest dry natural gas producer, after
the United States and Russia, and accounted for nearly
5% of the world's dry natural gas production in 2012. In
2012, almost 40% of Iran's gross natural gas production
came from the South Pars field.
Iran's increasing domestic demand for electricity has
created supply shortfalls during times of peak energy
demand. Natural gas is the country's primary fuel source
to generate electricity, accounting for almost 70% of total
generation in 2012.

SAUDI ARABIA
Saudi Arabia has almost one-fifth of the world's
proven oil reserves, is the largest producer and
exporter of total petroleum liquids in the world, and
maintains the world's largest oil production capacity.
Saudi Arabia has the world's fifth largest natural
gas reserves, but natural gas production remains
limited
INDIAN CONTEXT
INDIAN CONTEXT OF NATURAL GAS
POTENTIAL GAS DEMAND AND SUPPLY IN INDIA
NATURAL GAS SECTOR IN INDIA
Reserve
(trillion
cubic
metres)
Reserve
(trillion
cubic
metres)

Reserve
(trillion
cubic
metres)

Reserve
(trillion
cubic
metres)

Country At end
1993
At end
2003
At end
2012
At end
2013
Total North America 8.8 7.4 11.1 11.7
Total S. & Cent. America 5.4 6.8 7.7 7.7
Total Europe & Eurasia 40.5 42.5 56.5 56.6
Total Middle East 44.4 72.4 80.3 80.3
Total Africa 10 13.9 14.4 14.2
Total Asia Pacific 9.3 12.7 15.2 15.2
India .7 .9 1.3 1.4
Total world 118.4 155.7 185.3 185.7
Distribution of proved gas reserves
DISTRIBUTION OF PROVED GAS RESERVES
0
20
40
60
80
100
120
140
160
180
200
Total North
America
Total S. &
Cent.
America
Total
Europe &
Eurasia
Total
Middle
East
Total
Africa
Total Asia
Pacific
India
Total world
At end 1993 At end 2003
At end 2012 At end 2013
CONCLUSIONS