A land of oil and natural gas. Venezuela’s natural resources, conservatively estimated at $14. 3 trillion, are primarily dominated by its oil and natural gas. Oil accounts for 95% of its exports and government revenue, while natural gas and other minerals. Venezuela tops the list with a staggering oil reserve of 303. 8 billion barrels. Following closely at second place is saudi arabia with oil reserves measuring up to 297. 5 billion barrels.
The north african country is estimated to have some 48. 3 billion barrels of crude oil in reserves. Yet it is a. Nov 7, 2024 · according to 2021 data from statista, 10 countries dominate the global natural resource landscape, each holding vast reserves critical for various industries. List of world countries by proven oil reserves in million cubic feet (mmcf), and per capita.
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