Natural gas reserves as a share of worldwide reserves reached 0.004 % in 2017 in Hungary, according to EIA. This is 2.97 % less than in the previous year.
Historically, natural gas reserves as a share of worldwide reserves in Hungary reached an all time high of 0.168 % in 1981 and an all time low of % in. When compared to Hungary's main peers, natural gas reserves as a share of worldwide reserves in Austria amounted to 0.004 %, 0.002 % in Czech Republic, 0.044 % in Poland and 0.008 % in Slovakia in 2017.
Hungary has been ranked 82nd within the group of 99 countries we follow in terms of natural gas reserves as a share of worldwide reserves, 2 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.