Natural gas reserves as a share of worldwide reserves reached 0.066 % in 2017 in Colombia, according to EIA. This is 4.53 % less than in the previous year.
Historically, natural gas reserves as a share of worldwide reserves in Colombia reached an all time high of 0.279 % in 1998 and an all time low of 0.060 % in 2010. When compared to Colombia's main peers, natural gas reserves as a share of worldwide reserves in Brazil amounted to 0.230 %, 0.213 % in Peru and 3.05 % in Venezuela in 2017.
Colombia has been ranked 49th 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.