BP cuts global gas reserves estimate, mostly for Russia


LONDON: Oil major BP cut its global natural gas reserves estimate for the first time in decades, revising Russia's still classified holdings down sharply and putting Iran at the top of the world league table.

In its Statistical Review of World Energy published on Wednesday, BP put global proven gas reserves at 187.3 trillion cubic metres as of the end of 2012, enough for about 56 years of global production at current rates.

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BP , Global gas reserves , Russia

   

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