Argentina Oil

Summary Table

  Barrels Global Rank
2,379,702,000 33rd in the world

  Barrels per Day Global Rank
708,770 26th in the world
709,000 27th in the world
Daily Deficit
-230  
Oil Imports
16,180  
Oil Exports
53,930  
37,750  
(Data shown is for 2016, the latest year with complete data in all categoreies)

Oil Reserves in Argentina

See also: List of countries by Oil Reserves

Argentina holds 2,379,702,000 barrels of proven oil reserves as of 2016, ranking 33rd in the world and accounting for about 0.1% of the world's total oil reserves of 1,650,585,140,000 barrels.

Argentina has proven reserves equivalent to 9.2 times its annual consumption. This means that, without Net Exports, there would be about 9 years of oil left (at current consumption levels and excluding unproven reserves).

Oil Reserves
2,379,702,000 barrels
Global Rank: 33rd | Share of World: 0.14 %
9 years of oil left
(at current consumption levels)

History of Oil Reserves in Argentina

Oil Consumption in Argentina

See also: List of countries by Oil Consumption

  • Argentina consumes 709,000 barrels per day (B/d) of oil as of the year 2016.
  • Argentina ranks 27th in the world for oil consumption, accounting for about 0.7% of the world's total consumption of 97,103,871 barrels per day.
  • Argentina consumes 0.68 gallons of oil per capita every day (based on the 2016 population of 43,508,460 people), or 250 gallons per capita per year (6 barrels). [1 barrel = 42 US Gallons]

Oil Production in Argentina

See also: List of countries by Oil Production

  • Argentina produces 708,770.15 barrels per day of oil (as of 2016) ranking 26th in the world.
  • Argentina produces every year an amount equivalent to 10.9% of its total proven reserves (as of 2016).

Oil Exports

  • Argentina exports 5% of its oil production (37,750 barrels per day in 2016).

History of Oil Consumption and Production

See also

Sources