Ethiopia Oil

Oil Reserves in Ethiopia

See also: List of countries by Oil Reserves

Ethiopia holds 428,000 barrels of proven oil reserves in the world as of 2016, ranking #98 in the world and accounting for about 0.000026% of the world’s total oil reserves of 1,650,585,140,000.

Ethiopia has proven reserves equivalent to 0 times its annual consumption levels. This means that, without Net Exports, there would be about 0 years of oil left (at current consumption levels and excluding unproven reserves).

History of Oil Reserves in Ethiopia

Oil Consumption in Ethiopia

See also: List of countries by Oil Consumption

• Ethiopia consumes 74,000 barrels per day (B/d) of oil as of the year 2016.

• Ethiopia ranks #87 in the world for oil consumption, accounting for about 0.076% of the world’s total consumption of 97,103,871 barrels per day.

• Ethiopia consumes 0.03 gallons of oil per capita every day (based on the 2016 population of 106,718,162 people), or 11 gallons per capita per year (0 barrels). [1 barrel = 42 US Gallons]

Oil Production in Ethiopia

See also: List of countries by Oil Production

• Ethiopia produces 354 barrels per day of oil (as of 2016) ranking #116 in the world.

• Ethiopia produces every year an amount equivalent to 30.19% of its total proven reserves (as of 2016).

Oil Imports and Exports

• Ethiopia does not import nor export any Oil (as of 2016).

History of Oil Consumption and Production