Oil Reserves

Europe Ranking

billion barrelsSource: IEA
Current Rank
Country
Value
Latest Reading
Previous Rank
Previous Value
1Norway8.12202118.22
2Angola7.78202128.16
3United Kingdom2.5202132.7
4Romania0.6202140.6
5Italy0.5202150.52
6Denmark0.44202160.44
7Ukraine0.4202170.4
8Belarus0.2202180.2
9Albania0.15202190.15
9Spain0.15202190.15
11Netherlands0.142021120.11
12Germany0.122021130.1
13Poland0.112021110.12
14Serbia0.082021140.08
15Croatia0.072021150.07
16France0.062021160.06
17Georgia0.042021170.04
17Austria0.042021170.04
19Czech Republic0.022021190.02
19Bulgaria0.022021190.02
21Slovakia0.012021220.01
21Hungary0.012021190.02
21Lithuania0.012021220.01
21Greece0.012021220.01
25Ireland02021250
25Iceland02021250
25Finland02021250
25Luxembourg02021250
25Latvia02021250
25Moldova02021250
25Macedonia02021250
25Malta02021250
25Montenegro02021250
25Montserrat02021250
25Estonia02021250
25Cyprus02021250
25Switzerland02021250
25Portugal02021250
25Bosnia and Herzegovina02021250
25Belgium02021250
25Slovenia02021250
25Sweden02021250
25Gibraltar02021250
25Faroe Islands02021250
25Armenia02021250

Definition of Oil Reserves

Proved reserves of crude oil are the estimated quantities of all liquids defined as crude oil, which geological and engineering data demonstrate with reasonable certainty to be recoverable in future years from reservoirs under existing economic and operating conditions.

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