Tuesday, January 2, 2024

Iraq is fifth among the largest Arab countries in gas reserves, 3 JAN

 Iraq is fifth among the largest Arab countries in gas reserves

Shafaq News / Oil & Gas magazine reported that Iraq ranked fifth in the list of Arab countries with the largest reserves of natural gas in 2023, while the State of Qatar was in the lead.

The magazine prepared an annual report of the 10 most Arab countries with gas reserves last year.

According to the report, Qatar ranked first among those countries with more than 842 trillion cubic feet, while Saudi Arabia came with more than 335 trillion cubic feet, and the third place was the UAE with more than 289 trillion cubic feet.

Algeria came fourth with reserves of 159 trillion cubic feet, and Iraq ranked fifth on the list at more than 131 trillion cubic feet last year.

Kuwait ranked sixth with 63 trillion cubic feet, followed by Egypt with 63 trillion cubic feet of natural gas reserves.

Libya ranked eighth with more than 53 trillion cubic feet, and Oman came ninth with reserves exceeding 22 trillion cubic feet.

The right ranked the top ten countries with gas reserves of more than 16 trillion cubic feet, according to the magazine's report.

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