Proved reserves of crude oil reached 0.159 bil barrels in 2017 in Papua New Guinea, according to EIA. This is 11.6% less than in the previous year.
Historically, proved reserves of crude oil in Papua New Guinea reached an all time high of 0.400 bil barrels in 1996 and an all time low of 0.050 bil barrels in 1985.
Papua New Guinea has been ranked 58th within the group of 96 countries we follow in terms of proved reserves of crude oil.
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