China's oil reserves amounted to around 3.5 billion metric tons in 2020. The oil industry in China is strongly influenced by its growing population and the political conditions of the country.
Proved crude oil and liquids reserves in China from 1990 to 2020
(in billion metric tons)
Characteristic
Reserves in billion metric tons
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Total proved reserves of oil: generally taken to be those quantities that geological and engineering information indicates with reasonable certainty can be recovered in the future from known reservoirs under existing economic and operating conditions.
Reserves include gas condensate and natural gas liquids (NGLs) as well as crude oil.
For clarity purposes, the figures have been rounded.
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Energy Institute. (June 26, 2023). Proved crude oil and liquids reserves in China from 1990 to 2020 (in billion metric tons) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/264346/chinese-oil-reserves-since-1990/
Energy Institute. "Proved crude oil and liquids reserves in China from 1990 to 2020 (in billion metric tons)." Chart. June 26, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/264346/chinese-oil-reserves-since-1990/
Energy Institute. (2023). Proved crude oil and liquids reserves in China from 1990 to 2020 (in billion metric tons). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/264346/chinese-oil-reserves-since-1990/
Energy Institute. "Proved Crude Oil and Liquids Reserves in China from 1990 to 2020 (in Billion Metric Tons)." Statista, Statista Inc., 26 Jun 2023, https://www.statista.com/statistics/264346/chinese-oil-reserves-since-1990/
Energy Institute, Proved crude oil and liquids reserves in China from 1990 to 2020 (in billion metric tons) Statista, https://www.statista.com/statistics/264346/chinese-oil-reserves-since-1990/ (last visited August 24, 2024)
Proved crude oil and liquids reserves in China from 1990 to 2020 (in billion metric tons) [Graph], Energy Institute, June 26, 2023. [Online]. Available: https://www.statista.com/statistics/264346/chinese-oil-reserves-since-1990/