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
Oil Imports
Oil Exports
(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 43,668,241 people), or 249 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