CERAWeek 2012
7 / 17    

The World's Biggest Oil Reserves

Proved Oil Reserves: 36.2 billion barrelsTotal Oil Production: 2.168 million barrelsCrude Oil Production: 2.165 million barrelsConsumption: 286,000 barrelsExports to US (2007): 1.13 million barrelsPictured: Boy walks along oil pipeline belonging to the Agip Oil company in Idu Ogba, Niger Delta area of Nigeria.

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10. Nigeria

Proved oil reserves: 37.2 billion barrels
Proportion of world total: 2.53%

Daily Oil Statistics (2010 estimate):
Total oil production: 2.46 million barrels
Consumption: 279,000 barrels
Exports to the US: 529,000 million barrels (Sept. 2011)

Pictured: Boy walks along oil pipeline belonging to the Agip Oil company in Idu Ogba, Niger Delta area of Nigeria.

Photo: AP