Crude oil reserves as a share of worldwide reserves reached 1.82 % in 2017 in Kazakhstan, according to EIA. This is the same as in the previous year.
Historically, crude oil reserves as a share of worldwide reserves in Kazakhstan reached an all time high of 2.28 % in 2007 and an all time low of 0.524 % in 1999. When compared to Kazakhstan's main peers, crude oil reserves as a share of worldwide reserves in China amounted to 1.55 %, 0.002 % in Kyrgyzstan, 4.85 % in Russia and 0.036 % in Uzbekistan in 2017.
Kazakhstan has been ranked 12th within the group of 98 countries we follow in terms of crude oil reserves as a share of worldwide reserves.
Proved reserves are estimated quantities of energy sources that the analysis of geological and engineering data demonstrates with reasonable certainty are recoverable under existing economic and operating conditions.