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Flashcards in Distribution of Resources Deck (12):

How much gas does the US have left.

The US has 5% of the world's proven gas reserves, however only an estimated 12 years of extraction left (at current rate).


Name the two countries with the highest proven gas reserves.

Iran has the highest at 18% with Russia second with 17%. However, Russia produces 580bcm of gas compared with Iran which is at 200bcm


Does the EU import or export gas?

The EU is heavily reliant on gas imports. It imports 4 times as much gas than it produces.

Some countries in the EU such as Bulgaria and Finland are 100% reliant on Gazprom for their gas.

Decreasing it's energy security.


State facts about qatars gas reserves.

Qatar has 13% of proven gas reserves. And an population of just 2.5 million.

Giving it an extremely high R/P ratio. Contributing to the fact the middle East has the highest R/P ratio of any continent.

For natural gas.


State facts about Canada's oil reserves.

Canada has 10% of the world's proven oil reserves.
Is the 4th largest exporter, producing 4.5million barrels per day whilst consuming just 2.3 million.


Name the top four oil exporters in ascending order.

Saudi Arabia


Which country has the largest reserves of oil?

Venzuela. Has 18% of the worlds proven reserves.
Produces 2.4 million barrels daily whilst consuming just 0.6 million.
However, it is a country suffering from an economic crisis, and production has been steadily declining since 2012


Does the EU import or export crude oil overall? And who are the players?

The bulk of EU oil imports are from Russia. An increasing percentage. It's reliance on Russian imports has increased from 22% in 2001 to 30% in 2016. The EU imported 14.2 million barrels daily in 2016.


State the 4 countries with the most coal reserves.

1) US
2) China
3) Russia
4) Australia


Who a large importers of coal?

India, and Japan.


How much coal does China have left?

China has 72 years left of extraction remaining despite having 21% of the worlds coal reserves. As it is the largest coal user globally, using half the worlds total coal.


State the effect of politics on coal consumption in the EU?

Political pressure in the EU is decreasing coals share of the Energy Mix. IEA states European coal use will need to decline by 80% to meet the 2030 terms of the Paris Agreement.