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Natural Gas Reserves (As % of Worldwide Reserves) in Nigeria

Source: EIA, Helgi Analytics calculation
Last Updated: Jun 1, 2018

Natural gas reserves as a share of worldwide reserves reached 2.83 % in 2017 in Nigeria, according to EIA. This is 7.70 % more than in the previous year.

Historically, natural gas reserves as a share of worldwide reserves in Nigeria reached an all time high of 3.02 % in 2006 and an all time low of % in. When compared to Nigeria's main peers, natural gas reserves as a share of worldwide reserves in Benin amounted to < 0.001 % and 0.072 % in Cameroon in 2017.

Nigeria has been ranked 9th within the group of 99 countries we follow in terms of natural gas reserves as a share of worldwide reserves, 1 places behind 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.

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