Georgia Oil

Oil Reserves in Georgia

See also: List of countries by Oil Reserves

Georgia holds 35,000,000 barrels of proven oil reserves in the world as of 2016, ranking #80 in the world and accounting for about 0.0021% of the world’s total oil reserves of 1,650,585,140,000.

Georgia has proven reserves equivalent to 2.9 times its annual consumption levels. This means that, without Net Exports, there would be about 3 years of oil left (at current consumption levels and excluding unproven reserves).

History of Oil Reserves in Georgia

Oil Consumption in Georgia

See also: List of countries by Oil Consumption

• Georgia consumes 33,000 barrels per day (B/d) of oil as of the year 2016.

• Georgia ranks #119 in the world for oil consumption, accounting for about 0.034% of the world’s total consumption of 97,103,871 barrels per day.

• Georgia consumes 0.37 gallons of oil per capita every day (based on the 2016 population of 3,792,057 people), or 133 gallons per capita per year (3 barrels). [1 barrel = 42 US Gallons]

Oil Production in Georgia

See also: List of countries by Oil Production

• Georgia produces 394 barrels per day of oil (as of 2016) ranking #115 in the world.

• Georgia produces every year an amount equivalent to 0.41% of its total proven reserves (as of 2016).

Oil Exports

• Georgia exports 368% of its oil production (1,448 barrels per day in 2016).

History of Oil Consumption and Production