India's close ally holds the world's largest gas reserves, faces sanctions from Western countries due to..., US, China are in no competition...
New Delhi: Venezuela has the largest crude oil reserves in the world. But do you know which country has the largest natural gas reserves in the world? The answer is Russia. In terms of area, Russia has natural gas reserves of 47,798 cubic kilometers. It is important to note that Russia has been engaged in a war Ukraine for several years. It also possesses vast crude oil reserves and, after the Ukraine war began, has emerged as the biggest supplier of oil to India.
Russia has been facing a slew of sanctions from the Western countries after the Ukraine war. To counter these moves by the Western countries, including US, Russian President Vladimir Putin began selling crude oil to India and China at discounted rates.
After Russia, Iran holds the second-largest natural gas reserves in the world, with 33,980 cubic kilometers. However, like Russia, Iran is also under US sanctions that restrict its ability to sell oil and gas. Iran also offers the cheapest petrol in the world. Following Iran, Qatar ranks third with 23,871 cubic kilometers of natural gas reserves. Qatar is the largest supplier of gas to India. Here's the complete list Russia: 47,798 cubic kilometers
Iran: 33,980 cubic kilometers
Qatar: 23,871 cubic kilometers
Saudi Arabia: 15,910 cubic kilometers
United States: 13,167 cubic kilometers
Turkmenistan: 11,326 cubic kilometers), China (6,654 cubic kilometers), the UAE (6,088 cubic kilometers), Nigeria (5,748 cubic kilometers), Venezuela (5,663 cubic kilometers), Algeria (4,502 cubic kilometers), Iraq (3,788 cubic kilometers), and Australia (3,228 cubic kilometers).
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