Benin Oil

Oil Reserves in Benin

See also: List of countries by Oil Reserves

Benin holds 8,000,000 barrels of proven oil reserves in the world as of 2016, ranking #92 in the world and accounting for about 0.00048% of the world's total oil reserves of 1,650,585,140,000.

Benin has proven reserves equivalent to 0.6 times its annual consumption levels. This means that, without net exports, there would be about 1 years of oil left (at current consumption levels and excluding unproven reserves).

History of Oil Reserves in Benin

Oil Consumption in Benin

See also: List of countries by Oil Consumption

• Benin consumes 36,000 barrels per day (B/d) of oil as of the year 2016.
• Benin ranks #116 in the world for oil consumption, accounting for about 0.037% of the world's total consumption of 97,103,871 barrels per day.
• Benin consumes 0.13 gallons of oil per capita every day (based on the 2016 population of 11,697,842 people), or 47 gallons per capita per year (1 barrels). [1 barrel = 42 US Gallons]

Oil Imports and Exports

• Benin does not import nor export any Oil (as of 2016).