Natural gas reserves as a share of worldwide reserves reached 0.053 % in 2017 in Philippines, according to EIA. This is 4.17 % more than in the previous year.
Historically, natural gas reserves as a share of worldwide reserves in Philippines reached an all time high of 0.079 % in 1996 and an all time low of % in. When compared to Philippines's main peers, natural gas reserves as a share of worldwide reserves in China amounted to 2.78 %, 1.48 % in Indonesia, 0.003 % in Taiwan and 0.374 % in Vietnam in 2017.
Philippines has been ranked 51st 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.