20. State of Kuwait

Natural Gas Reserves In Cubic Kilometers in 2021: 1,800
Kuwait is a Middle Eastern country with one of the strongest petroleum economies in the world. It has one of the biggest LNG import terminals on the planet, along with more than a hundred billion barrels of petroleum reserves.

19. Arab Republic of Egypt

Natural Gas Reserves In Cubic Kilometers in 2021: 1,800
Egypt is one of the largest gas producers on the African continent.

18. Republic of Uzbekistan

Natural Gas Reserves In Cubic Kilometers in 2021: 1,800
Uzbekistan is a landlocked country in Central Asia. Its economy relies heavily on natural resources for output, and big Chinese and Russian energy companies dominate its petroleum industry.

17. Republic of Azerbaijan

Natural Gas Reserves In Cubic Kilometers in 2021: 2,000
Azerbaijan is a European and Asian nation. Its oil industry is one of the most controversial in the world, with some claiming the ruling family of siphoning the nation’s oil wealth overseas.

16. Canada

Natural Gas Reserves In Cubic Kilometers in 2021: 2,100
Canada is a North American nation with vast natural resources. Most of the Canadian gas reserves are located offshore, primarily in the region of Nova Scotia.

15. Republic of Kazakhstan

Natural Gas Reserves In Cubic Kilometers in 2021: 2,400
Kazakhstan is another landlocked Central Asian country. It relies heavily on petroleum products for its economic growth, and gas production in the country is managed by the state company KazMunayGas.

14. Republic of Mozambique

Natural Gas Reserves In Cubic Kilometers in 2021: 3,000
Mozambique is an African nation with a $21.9 billion economy. Coal and gas account for the bulk of its exports.

13. Commonwealth of Australia

Natural Gas Reserves In Cubic Kilometers in 2021: 3,230
Australia is a developed Oceanic country. Most of its natural gas reserves are in the Queensland province, with New South Wales accounting for the remainder.

12. Republic of Iraq

Natural Gas Reserves In Cubic Kilometers in 2021: 3,740
Iraq is a Middle Eastern country with some of the largest petroleum reserves in the world. Data also shows that Iraq is one of the largest producers of flared gas in the world, and it opened up new blocks to foreign bidders in June 2023.

11. People’s Democratic Republic of Algeria

Natural Gas Reserves In Cubic Kilometers in 2021: 4,500
Algeria is a North African country with a coast to the Mediterranean Sea. Energy accounts for more than 90% of its exports, which allows Algeria to have billions of dollars in foreign reserves.

10. Federal Republic of Nigeria

Natural Gas Reserves In Cubic Kilometers in 2021: 5,750
Courtesy of its sizeable energy economy, Nigeria is the biggest economy in Africa. This economy is built on the petroleum industry, and Nigeria is also interested in meeting Europe’s natural gas needs.

9. Bolivarian Republic of Venezuela

Natural Gas Reserves In Cubic Kilometers in 2021: 6,000
Venezuela has the biggest oil reserves in the world, but it cannot sell its products on the global market. Where there’s oil, there’s gas, making it no surprise that it ranks 9th on our list of the countries with the largest natural gas reserves.

8. United Arab Emirates

Natural Gas Reserves In Cubic Kilometers in 2021: 6,090
The U.A.E. is a prosperous Middle Eastern nation. It accounts for more than a fifth of the world’s natural gas production.

7. People’s Republic of China

Natural Gas Reserves In Cubic Kilometers in 2021: 6,650
China is the world’s biggest economy in PPP terms as well as the second most populous nation. It is also the world’s third largest natural gas consumer.

6. Kingdom of Saudi Arabia

Natural Gas Reserves In Cubic Kilometers in 2021: 9,430
Saudi Arabia is the world’s leading oil producer. October was a historic month for gas in Saudi Arabia, as the state owned Aramco bought its first stake in an LNG company.

5. Turkmenistan

Natural Gas Reserves In Cubic Kilometers in 2021: 10,000
Turkmenistan is a landlocked Central Asian country. It has some of the biggest natural gas fields in the world, with gas production being entrusted to the state owned company Turkmengaz. Turkmenistan provides billions of cubic feet of gas to China, and it also aims to provide gas to India, Pakistan, and Afghanistan – all regional countries, through a new pipeline. However, Turkmenistan’s natural gas industry is also quite controversial, with one leak having been thought to have released billions of dollars of the fuel into the atmosphere.

4. United States of America

Natural Gas Reserves In Cubic Kilometers in 2021: 17,710
The United States is the world’s largest economy in nominal terms, the world’s only superpower, and also the world’s largest oil producer. The U.S. also has the world’s biggest privately run oil companies, such as Chevron Corporation (NYSE:CVX) and Exxon Mobil Corporation (NYSE:XOM). More than a fifth of America’s natural gas reserves are in Texas, with Pennsylvania and Louisiana also having significant reserves. America’s energy mix is also reliant on natural gas due to the fuel’s clean burning properties.

3. State of Qatar

Natural Gas Reserves In Cubic Kilometers in 2021: 23,900
Qatar is a Middle Eastern nation that is one of the most prosperous countries in the world. It has the fifth highest GDP per capita in the world at $51,968. The Russian invasion of Ukraine gave Qatar’s natural gas industry a sizeable boost as supplies to Europe accelerated due to sanctions on Russian fuels. Gas exports from Qatar’s North Field have enabled it to vastly improve its standard of living, demonstrating the crucial role of the fuel in the country’s development.

2. Islamic Republic of Iran

Natural Gas Reserves In Cubic Kilometers in 2021: 34,000
Iran is another Asian country with vast amounts of petroleum reserves. Just like Venezuela, the country cannot sell its fuel on the international market due to financial sanctions. However, Iran nevertheless supplies copious amounts of oil to China through a vast global network of cargo ships. Yet, fuel subsidies in Iran are often a pain for budget managers, and the country is also investing billions of dollars to bring its LNG capacity up to global standards.

1. Russian Federation

Natural Gas Reserves In Cubic Kilometers in 2021: 47,800
Russia is the largest country in the world in terms of landmass. It is also a crucial player in the global natural gas industry, with the state owned firm Gazprom responsible for supplying Russian gas through massive land pipelines. These days though Russia is eager to find alternative markets for its gas after supplies have dropped to Europe. To this end, it plans to build a new natural gas pipeline to supply China.