Natural gas reserves as a share of worldwide reserves reached 1.17 % in 2017 in Canada, according to EIA. This is 13.9 % more than in the previous year.
Historically, natural gas reserves as a share of worldwide reserves in Canada reached an all time high of 3.30 % in 1980 and an all time low of % in. When compared to Canada's main peers, natural gas reserves as a share of worldwide reserves in Australia amounted to 1.06 %, 0.190 % in Mexico and 0.111 % in United Kingdom in 2017.
Canada has been ranked 17th within the group of 99 countries we follow in terms of natural gas reserves as a share of worldwide reserves, 4 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.