Natural gas reserves as a share of worldwide reserves reached 0.052 % in 2017 in Chile, according to EIA. This is 4.17 % more than in the previous year.
Historically, natural gas reserves as a share of worldwide reserves in Chile reached an all time high of 0.115 % in 1987 and an all time low of 0.050 % in 2014. When compared to Chile's main peers, natural gas reserves as a share of worldwide reserves in Argentina amounted to 0.169 % and 0.158 % in Bolivia in 2017.
Chile has been ranked 52nd within the group of 99 countries we follow in terms of natural gas reserves as a share of worldwide reserves, 1 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.