In the UAE, it has detected reserves of 7 billion barrels of crude oil and 58 trillion cubic feet of gas. UAE reached the sixth position in the world in terms of oil reserves after they discovered this stock.
They have unearthed new reserves of hydrocarbons in Abu Dhabi, the capital of the United Arab Emirates. According to Khaleej Times, they hide here about 7 billion barrels of crude oil and 58 trillion cubic feet of gas reserves. After the discovery of this stock, the UAE reached the sixth position in terms of gas and oil reserves in the world.
Country’s crude oil reserves now 105 billion barrels
The Abu Dhabi Supreme Petroleum Council (SPC) announced on Monday that the country’s crude oil reserves have now risen to 105 billion barrels and conventional gas reserves to 273 trillion cubic feet after the discovery of new reserves.
Global oil reserves
Venezuela: 17.5%
Saudi: 17.2%
Canada: 9.7%
Iran: 9.0%
Iraq: 8.5%
Russia: 6.1%
Kuwait: 5.9%
UAE: 5.7%US: 3.5%
Nigeria: 2.2%
China: 1.5%
Brazil: 0.8%
Norway: 0.5%
Mexico: 0.4%
India: 0.3%(BP) #Saudi #Venezuela
— Rambraksha Yadav🇮🇳 (@RambrakshYadav) December 5, 2019
UAE, the third-largest producer of OPEC
The UAE OPEC (Organization of Petroleum Exporting Countries) is the third-largest oil-producing country and produces 3 million barrels of oil daily. Saudi Arabia and Iraq produce more oil than this. Crown Prince Mohammed bin Zayed Al Nahyan appreciated the efforts of the Abu Dhabi National Oil Company for this discovery.
1/2 Umm Al Quwain is the least populated of UAE’s 7 Emirates. It has no oil/gas, & little to attract the 21m+ tourists who visit Dubai, Abu Dhabi, Sharjah & RAK every year. But UAQ City does have a beautiful beach. Or it would if it wasn’t coverd in a continuous ribbon of rubbish pic.twitter.com/ongZRfjcWq
— Steve Bradley (@bradley_steve) November 24, 2019
The UAE recently announced the discovery of new hydrocarbon reserves estimated at 7 billion barrels of crude oil and 58 trillion standard cubic feet of conventional gas. Learn more. #DailyBrainCandiii #OilandGas #Petroleum https://t.co/qHrFtV5jgF
— Integrated Informatics Inc (@iii_gis) November 28, 2019