Summary Table(Data shown is for 2016, the latest year with complete data in all categoreies)
Oil Reserves in Albania
See also: List of countries by Oil Reserves
Albania holds 168,332,000 barrels of proven oil reserves as of 2016, ranking 59th in the world and accounting for about
0.0% of the world's total oil reserves of 1,650,585,140,000 barrels.
Albania has proven reserves equivalent to 17.1 times its annual consumption. This means that, without Net Exports, there would be about 17 years of oil left (at current consumption levels and excluding unproven reserves).
Global Rank: 59th
| Share of World: 0.01 %
17 years of oil left
(at current consumption levels)
History of Oil Reserves in Albania
Oil Consumption in Albania
See also: List of countries by Oil Consumption
- Albania consumes 27,000 barrels per day (B/d) of oil as of the year 2016.
- Albania ranks 123rd in the world for oil consumption, accounting for about 0.0% of the world's total consumption of 97,103,871 barrels per day.
- Albania consumes 0.39 gallons of oil per capita every day (based on the 2016 population of 2,886,438 people), or 143 gallons per capita per year (3 barrels). [1 barrel = 42 US Gallons]
Oil Production in Albania
See also: List of countries by Oil Production
- Albania produces
22,817.63 barrels per day of oil (as of 2016) ranking 78th in the world.
- Albania produces every year an amount equivalent to 4.9% of its total proven reserves (as of 2016).
- Albania exports 80% of its oil production (18,200 barrels per day in 2016).
History of Oil Consumption and Production