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18 YEARBOOK OF THE OIL AND NATURAL GAS INDUSTRY IN ESPÍRITO SANTO 2022 CHAPTER 1 | INTERNATIONAL PANORAMA 11.9 billion barrels of oil is Brazil's oil reserve in 2020, which puts the country in 16th. position in the global ranking 1.3. Global oil and natural gas reserve With regard to global oil and natural gas reserves, it is worth mentioning that the available data did not receive updates for the year 2021, so the most recent elements refer to 2020. stable compared to 2019, with a slight decrease of 0.1% (chart 5). In absolute terms, the reduction was 2.4 billion barrels. It should be not- ed that the last significant variation was in 2017 when there was an in- crease of 37.9 billion barrels of oil in The world's total oil reserves in 2020 were 1.73 trillion barrels, practically global reserves. Chart 5- Proven world oil reserves (billions of barrels) rope (1.7%). Russia, Iran and Qatar accounted for 50.1% of the world's total natural gas reserves. Brazil is the 33rd country with the largest re- serve in the world, with 348.5 billion m³ of natural gas. Chart 6 - Natural gas reserves in the world (trillions of m³) 200 180 160 140 120 100 80 60 40 20 0 19 19 2,000 1,800 1,600 1,400 1,200 1,000 800 600 400 200 0 - 2011 2012 2013 2014 2015 2016 Source: BP Statistical Review of World Energy | Elaboration: Industry Observatory/Findes. 44.4% of the world's oil reserves are concentrated in Venezuela, Saudi Arabia and Canada The division of oil reserves among the regions of the world was: Mid- dle East (48.3%), South and Central America (18.7%), North America (14.0%), Commonwealth of Inde- pendent States (8.4%), Africa (7.2%), Asia (2.6%) and Europe (0.8%). Vene- zuela, Saudi Arabia and Canada ac- counted for 44.4% of the world's oil reserves. Brazil is the 16th country with the largest input reserve in the world, with 11.9 billion barrels of oil. 2017 2018 2019 2020 Regarding natural gas, in 2020 re- serves reached 188.1 trillion m³, 1.2% lower than in the previous year. absolute terms, the drop was 2.2 trillion m³ of natural gas (chart 6). The division of natural gas reserves among the regions in the world was: Middle East (40.3%), Commonwealth of Independent States (30.1%), Asia (8.8%), North America (8.1%), Africa (6.9%), South and Central America (4.2%), and Eu- 2017 Source: BP Statistical Review of World Energy | Elaboration: Industry Observatory/Findes Division of natural gas reserves in the world Middle East Division of oil reserves in the world Middle 48.3% 40.3% East Central America 18.7% CEI 30.1% 14.0% Asia 8.8% 348.5 billion m³ is Brazil's natural gas reserve in 2020, which puts the country in 33rd position in the global ranking South and North America CEI: 8.4% Africa: 7.2% Asia 2.6% Europe: 0.8% North America: 8.1% Africa: 6.9% Asia: 2.6% South and Central America: 4.2% Europe: 1.7%
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