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| In 2008 China's oil imports equaled domestic production for the first time. China therefore relies on imports for 50% of its consumption of 7.6 million barrels/day. This import figure could rise to 75% of consumption by 2030 according to the International Energy Agency. |
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 Oil Consumption China 1965-Present |
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Oil Consumption Change 1965-Present |
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Oil and Gas Reserves and Production by Selected Country |
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| Country |
Oil reserves
(bn bbl) |
Oil production
(mm bbl/year) |
Natural Gasreserves
(bn cu mts) |
Natural gas roduction
(bn cu mts) |
| Argentina |
2.59 |
288.6 |
446 |
44.8 |
| Bolivia |
0.47 |
22.5 |
750 |
14.7 |
| Brazil |
12.18 |
831.1 |
348 |
9.8 |
| Colombia |
1.51 |
214.6 |
123 |
7.2 |
| Ecuador |
4.52 |
184.3 |
N/M |
N/M |
| Mexico |
11.65 |
1,277.5 |
392 |
55.9 |
| Venezuela |
87.04 |
973.5 |
4,708 |
26.5 |
| Country |
Oil reserves
(bn bbl) |
Oil production
(mm bbl/year) |
Natural Gasreserves
(bn cu mts) |
Natural gas roduction
(bn cu mts) |
| Angola |
9.04 |
697.2 |
270 |
0.7 |
| Sudan |
5.00 |
170.1 |
85 |
N/M |
| Nigeria |
36.22 |
858.4 |
5,210 |
34.1 |
| Equatorial Guinea |
1.10 |
134.5 |
37 |
1.3 |
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Source: World Factbook 2008, 2009, EIA |
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