Fact #488: September 24, 2007
World Natural Gas Reserves, Production, and Consumption, 2005
The U.S. was responsible for 18% of the World's natural gas production, held only 3% of reserves, and consumed 21% of the world's natural gas in 2005. The Organization for Petroleum Exporting Countries (OPEC) held just over half of the world's natural gas reserves, but only produced 18% of world natural gas.
|Natural Gas Reserves||Reserve Share||Natural Gas Production||Production Share||Natural Gas Consumption||Consumption Share|
|Rest of World||2,765.2||45%||65.6||65%||69.0||67%|
Note: Reserves as of January 1, 2004. Production data are dry gas production.