Natural gas reserves as a share of worldwide reserves reached 1.17 % in 2017 in Egypt, according to EIA. This is 4.17 % more than in the previous year.
Historically, natural gas reserves as a share of worldwide reserves in Egypt reached an all time high of 1.17 % in 2017 and an all time low of % in. When compared to Egypt's main peers, natural gas reserves as a share of worldwide reserves in Israel amounted to 0.094 %, 0.805 % in Libya, 4.60 % in Saudi Arabia and 0.045 % in Sudan in 2017.
Egypt has been ranked 16th 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.