Natural gas reserves as a share of worldwide reserves reached 0.213 % in 2017 in Peru, according to EIA. This is 0.349 % more than in the previous year.
Historically, natural gas reserves as a share of worldwide reserves in Peru reached an all time high of 0.225 % in 2015 and an all time low of 0.016 % in 1989. When compared to Peru's main peers, natural gas reserves as a share of worldwide reserves in Bolivia amounted to 0.158 %, 0.230 % in Brazil, 0.052 % in Chile and 0.066 % in Colombia in 2017.
Peru has been ranked 35th within the group of 99 countries we follow in terms of natural gas reserves as a share of worldwide reserves, 8 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.