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Natural gas reserves are subject to continuous changes
9/16/2015 0:00
BAGHDAD - Imad emirate
said economist d. Abdul Sattar Abdul Jabbar al-Moussawi that the international reserves of all non-renewable energy sources is subject to citing numerous considerations estimates, and in general there are two types of the first reserves is the potential reserve, which is a known quantity and discovered scientifically but not estimated accurately and final, and proved reserves, which amounts Geological engineering available data indicate the possibility of future extracted from the field with a continuation of the current technological and economic conditions.
He d. Musawi in an interview for »Sabah» that proven reserves are subject to continuous changes as a result influenced by a number of factors, including changes in the international price, rise in prices makes some of the potential reserves are proven and within the possible reserves economically extracted after that it is possible, and vice versa, the lower price makes reserves with marginal extraction that exceed the new prices come out of the reserve accounts of the installed cost, and thus decreases the size of the reserve
total.
He noted that the international reserves of natural gas has seen significant growth over the last five decades and despite what consumed large quantities of them, but the proven reserves is increasing for the reasons which you mentioned, and through a simple review of the numbers, we find that the rate of change has reached (700.19 percent). After that was installed total international reserves in 1964 are (24.124) trillion cubic meters in 2004 became the (179.528) meters trillion
cubic. The al-Moussawi, the International proven reserves of natural gas has reached 2004 and the beginning of 2005 (529.179) trillion cubic meters, which can be analyzed through the division of the royal states of those reserves into three groups, the first group which is which has international reserves of proven natural gas exceed two billion cubic meters and totaling seven Ashrh state total reserves (154.32) trillion cubic meters, which is equal to (86 percent) of the total international reserves.
He added that the Federal Republic of Russia has the largest reserves of natural gas in the world, with a 48 trillion cubic meters and is a (26.7 percent) of the total reserve, and then followed in the second Iran ranked which owns (27.5) trillion cubic meters and is a ratio (15.30 percent) of international reserves, either Qatar comes reserves ranked third, reaching size of the reserve ratio (14.4 percent ) of the total international reserves, come the rest of the states to form their reserves 4 percent down to 1 percent.
He said that the second group, which includes countries with international reserves of proven natural gas exceed (half a trillion cubic meters) totaling seventeen state also has a total reserves (1, 0.3) trillion cubic meters, which is equal to (10.8 percent) of the total international reserves, and reserve ratio ranged from each of these countries between (1 percent (- (0.3 percent). He explained, that those at the head of the State of Uzbekistan group, the percentage installer reserves of natural gas are (1.86) trillion cubic meters, and Egypt, which has come in which the size of proven reserves (1 percent) of international reserves.
Finally, d. Moussawi. The third group includes the rest of the world, which has installed natural gas reserves at least half a trillion cubic meters and the percentage of reserves each state is equal to (0.3 percent) or less of the total international reserves, with a total reserves (5.82) trillion cubic meters, which is equal to (3.2 percent) of total international reserves, Yemen and be on top of reserves of these countries (0.48) meters trillion
cubic.
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9/16/2015 0:00
BAGHDAD - Imad emirate
said economist d. Abdul Sattar Abdul Jabbar al-Moussawi that the international reserves of all non-renewable energy sources is subject to citing numerous considerations estimates, and in general there are two types of the first reserves is the potential reserve, which is a known quantity and discovered scientifically but not estimated accurately and final, and proved reserves, which amounts Geological engineering available data indicate the possibility of future extracted from the field with a continuation of the current technological and economic conditions.
He d. Musawi in an interview for »Sabah» that proven reserves are subject to continuous changes as a result influenced by a number of factors, including changes in the international price, rise in prices makes some of the potential reserves are proven and within the possible reserves economically extracted after that it is possible, and vice versa, the lower price makes reserves with marginal extraction that exceed the new prices come out of the reserve accounts of the installed cost, and thus decreases the size of the reserve
total.
He noted that the international reserves of natural gas has seen significant growth over the last five decades and despite what consumed large quantities of them, but the proven reserves is increasing for the reasons which you mentioned, and through a simple review of the numbers, we find that the rate of change has reached (700.19 percent). After that was installed total international reserves in 1964 are (24.124) trillion cubic meters in 2004 became the (179.528) meters trillion
cubic. The al-Moussawi, the International proven reserves of natural gas has reached 2004 and the beginning of 2005 (529.179) trillion cubic meters, which can be analyzed through the division of the royal states of those reserves into three groups, the first group which is which has international reserves of proven natural gas exceed two billion cubic meters and totaling seven Ashrh state total reserves (154.32) trillion cubic meters, which is equal to (86 percent) of the total international reserves.
He added that the Federal Republic of Russia has the largest reserves of natural gas in the world, with a 48 trillion cubic meters and is a (26.7 percent) of the total reserve, and then followed in the second Iran ranked which owns (27.5) trillion cubic meters and is a ratio (15.30 percent) of international reserves, either Qatar comes reserves ranked third, reaching size of the reserve ratio (14.4 percent ) of the total international reserves, come the rest of the states to form their reserves 4 percent down to 1 percent.
He said that the second group, which includes countries with international reserves of proven natural gas exceed (half a trillion cubic meters) totaling seventeen state also has a total reserves (1, 0.3) trillion cubic meters, which is equal to (10.8 percent) of the total international reserves, and reserve ratio ranged from each of these countries between (1 percent (- (0.3 percent). He explained, that those at the head of the State of Uzbekistan group, the percentage installer reserves of natural gas are (1.86) trillion cubic meters, and Egypt, which has come in which the size of proven reserves (1 percent) of international reserves.
Finally, d. Moussawi. The third group includes the rest of the world, which has installed natural gas reserves at least half a trillion cubic meters and the percentage of reserves each state is equal to (0.3 percent) or less of the total international reserves, with a total reserves (5.82) trillion cubic meters, which is equal to (3.2 percent) of total international reserves, Yemen and be on top of reserves of these countries (0.48) meters trillion
cubic.
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