Natural gas reserves as a share of worldwide reserves reached 0.230 % in 2017 in Brazil, according to EIA. This is 4.93 % less than in the previous year.
Historically, natural gas reserves as a share of worldwide reserves in Brazil reached an all time high of 0.243 % in 2015 and an all time low of 0.057 % in 1981. When compared to Brazil's main peers, natural gas reserves as a share of worldwide reserves in Bolivia amounted to 0.158 %, 0.213 % in Peru and 3.05 % in Venezuela in 2017.
Brazil has been ranked 34th within the group of 99 countries we follow in terms of natural gas reserves as a share of worldwide reserves, 6 places above the position seen 10 years ago.
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.