Egypt Oil

Oil Reserves in Egypt

See also: List of countries by Oil Reserves

Egypt holds 4,400,000,000 barrels of proven oil reserves in the world as of 2016, ranking #25 in the world and accounting for about 0.27% of the world’s total oil reserves of 1,650,585,140,000.

Egypt has proven reserves equivalent to 13.7 times its annual consumption levels. This means that, without Net Exports, there would be about 14 years of oil left (at current consumption levels and excluding unproven reserves).

History of Oil Reserves in Egypt

Oil Consumption in Egypt

See also: List of countries by Oil Consumption

• Egypt consumes 877,000 barrels per day (B/d) of oil as of the year 2016.

• Egypt ranks #25 in the world for oil consumption, accounting for about 0.90% of the world’s total consumption of 97,103,871 barrels per day.

• Egypt consumes 0.36 gallons of oil per capita every day (based on the 2016 population of 101,644,589 people), or 132 gallons per capita per year (3 barrels). [1 barrel = 42 US Gallons]

Oil Production in Egypt

See also: List of countries by Oil Production

• Egypt produces 682,904 barrels per day of oil (as of 2016) ranking #27 in the world.

• Egypt produces every year an amount equivalent to 5.67% of its total proven reserves (as of 2016).

Oil Exports

• Egypt exports 25% of its oil production (169,884 barrels per day in 2016).

History of Oil Consumption and Production