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 oil reserves in China from 1990 to 2020*
(in billion metric tons)
* 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.
The figures through 2009 are taken from the Exxon report “Oeldorado 2009”. Figures from 2010 to 2019 are taken from previous editions of BP's statistical reviews. For clarity purposes, the figures have been rounded.
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BP. (July 8, 2021). Proved oil reserves in China from 1990 to 2020* (in billion metric tons) [Graph]. In Statista. Retrieved January 28, 2022, from https://www.statista.com/statistics/264346/chinese-oil-reserves-since-1990/
BP. "Proved oil reserves in China from 1990 to 2020* (in billion metric tons)." Chart. July 8, 2021. Statista. Accessed January 28, 2022. https://www.statista.com/statistics/264346/chinese-oil-reserves-since-1990/
BP. (2021). Proved oil reserves in China from 1990 to 2020* (in billion metric tons). Statista. Statista Inc.. Accessed: January 28, 2022. https://www.statista.com/statistics/264346/chinese-oil-reserves-since-1990/
BP. "Proved Oil Reserves in China from 1990 to 2020* (in Billion Metric Tons)." Statista, Statista Inc., 8 Jul 2021, https://www.statista.com/statistics/264346/chinese-oil-reserves-since-1990/
BP, Proved oil 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 January 28, 2022)
