Visualizing Natural Gas Reserves By Country
July 30, 2024

Visualizing Natural Gas Reserves By Country


Natural gas is used to generate electricity, heat homes and buildings, and power vehicles. It is also a raw material in various industrial processes.


In this graphic, creator Gopalakrishnan Ravichandran ranks natural gas reserves by country. He uses data from the bp Statistical Review, as of September 2023.


Russia Has the Biggest Reserves


Natural gas, coal, and oil have formed over millions of years as plant and animal remains mixed with sediment and undergo pressure and heat.


A natural gas reservoir is a subsurface area where natural gas is trapped within porous and permeable rock formations and confined by impermeable rock or water barriers.


Proven reserves represent the volume of natural gas that can be recovered under existing economic and operating conditions. These reserves can increase when new, successful exploratory wells are drilled.


Russia has the biggest reserves, with 37.4 trillion cubic meters or around 20% of the global total. Iran, in second, has 17% of the total reserves, followed by Qatar with 13%.

Country Reserve (tcm) Percentage
🇷🇺 Russian Federation 37.4 19.9%
🇮🇷 Iran 32.1 17.1%
🇶🇦 Qatar 24.7 13.1%
🇹🇲 Turkmenistan 13.6 7.2%
🇺🇸 US 12.6 6.7%
🇨🇳 China 8.4 4.5%
🇻🇪 Venezuela 6.3 3.3%
🇸🇦 Saudi Arabia 6.0 3.2%
🇦🇪 United Arab Emirates 5.9 3.1%
🇳🇬 Nigeria 5.5 2.9%
🇮🇶 Iraq 3.5 1.9%
🇦🇿 Azerbaijan 2.5 1.3%
🇨🇦 Canada 2.4 1.3%
🇦🇺 Australia 2.4 1.3%
🇰🇿 Kazakhstan 2.3 1.2%
🇩🇿 Algeria 2.3 1.2%
🇪🇬 Egypt 2.1 1.1%
Others 18.1 9.6%
TOTAL 188.1 100.0%

Asia dominates reserves by region, with six countries among the top 10. Meanwhile, Africa, Europe, North America, and South America each have one representative.


Despite being the 5th in proven reserves, the U.S. is the biggest natural gas producer, with 23% of the global share. Russia comes second (17.4%), with Iran in 3rd place (6.4%).


In addition, the U.S. is also the leading gas exporter, exporting 82.7 billion cubic meters of gas via pipelines in 2022 and 104.3 billion cubic meters of liquefied natural gas (LNG). Russia was the second-largest natural gas exporter globally, followed by Qatar and Norway.


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September 15, 2025
TORONTO, Sept. 15, 2025 - VVC Exploration Corporation, dba VVC Resources, (“VVC”), (TSX-V:VVC and OTCQC:VVCVF) announces the following events. Loan from Chairman VVC’s Chairman of the Board, Terrence Martell Ph.D. (the “Lender”), has provided a US$700,000 loan (the "Loan") to VVC’s subsidiary, Plateau Helium Corp., for use in operating and developing its Helium/PNG assets in Kansas, USA. The Loan, secured by a Promissory Note, is payable on demand and bears no interest. The Loan contains a conversion option whereby, at the sole option and discretion of the Lender, all or any portion of the outstanding principal amount can be settled with up to 230,000 shares of Cyber App Solutions (CRYB) at a price of US$3.09 per share. Director Resignation Mr. Steven Looper has resigned as a director of the Company for personal reasons and his resignation was accepted by the Board with regret. VVC would like to thank Mr. Looper, who served the Company as director since September 2023. Jim Cuver, VVC CEO commented, that « VVC regrets Steve’s decision to leave the Board of Directors, but we understand the pressure for him to do so as he drives Proton Green to become a major player in both the helium and beverage CO2 production. Steve, we wish you all the best and stand ready to help you in any way we can. » No replacement director has yet been appointed. The vacancy will most likely be filled in the months to come or at the next shareholders’ meeting before the end of the year. About VVC Resources VVC engages in the exploration, development, and management of natural resources - specializing in scarce and increasingly valuable materials needed to meet the growing, high-tech demands of industries such as manufacturing, technology, medicine, space travel, and the expanding green economy. Our portfolio includes a diverse set of multi-asset, high-growth projects, comprising: Helium & industrial gas production in western U.S.; Copper & associated metals operations in northern Mexico; and Strategic investments in carbon sequestration and other green energy technologies. VVC is a Canada-based, publicly-traded company on the TSXV (TSX-V:VVC). To learn more, visit our website at: www.vvcresources.com . Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
March 18, 2025
TORONTO, March 18, 2025 - VVC Exploration Corporation, dba VVC Resources, (“VVC”), (TSX-V:VVC and OTCQC:VVCVF) announces the following: Appointment of Officers The Directors appointed Mr. Bill Kerrigan as President and Chief Operating Officer of VVC. Mr. Kerrigan will continue to be President of Plateau Helium Corporation. Mr. James A. Culver will remain as CEO of VVC. VVC Chairman, Terrence Martell, commented, "As a representative of Management and the Board, I extend heartfelt gratitude to Mr. Culver for his years of service as President. I also welcome Mr. Kerrigan to his new role as President and I am confident that he will provide positive momentum for VVC." Option Grant The Directors also granted incentive stock options under its stock option plan, to officers, directors and consultants of the Company, to purchase up to an aggregate of 15,700,000 common shares, representing 2.74% of the outstanding shares of the Company. The stock options are exercisable at a price of CA$0.05 per share expiring March 17, 2035. 25% of the options granted will vest immediately with the remaining vesting at 25% every six months. The exercise price was fixed at the minimum allowable price by the TSX Venture Exchange policies. The options, granted in accordance with the provisions of the Company's stock option plan, are subject to the TSX Venture Exchange policies and the applicable securities laws. Of the Options granted, 41.1% were to Directors, 30.3% to Officers and 28.7% to Employees/Consultants of the Company. About VVC Resources VVC engages in the exploration, development, and management of natural resources - specializing in scarce and increasingly valuable materials needed to meet the growing, high-tech demands of industries such as manufacturing, technology, medicine, space travel, and the expanding green economy. Our portfolio includes a diverse set of multi-asset, high-growth projects, comprising: Helium & industrial gas production in western U.S.; Copper & associated metals operations in northern Mexico; and Strategic investments in carbon sequestration and other green energy technologies. VVC is a Canada-based, publicly-traded company on the TSXV (TSX-V:VVC). To learn more, visit our website at: www.vvcresources.com. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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