Chile Oil

Oil Reserves in Chile

See also: List of countries by Oil Reserves

Chile holds 150,000,000 barrels of proven oil reserves in the world as of 2016, ranking #61 in the world and accounting for about 0.0091% of the world's total oil reserves of 1,650,585,140,000.

Chile has proven reserves equivalent to 1.2 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 Chile

Oil Consumption in Chile

See also: List of countries by Oil Consumption

• Chile consumes 351,989 barrels per day (B/d) of oil as of the year 2016.
• Chile ranks #41 in the world for oil consumption, accounting for about 0.36% of the world's total consumption of 97,103,871 barrels per day.
• Chile consumes 0.81 gallons of oil per capita every day (based on the 2016 population of 18,267,221 people), or 295 gallons per capita per year (7 barrels). [1 barrel = 42 US Gallons]

Oil Production in Chile

See also: List of countries by Oil Production

• Chile produces 12,858 barrels per day of oil (as of 2016) ranking #89 in the world.
• Chile produces every year an amount equivalent to 3.13% of its total proven reserves (as of 2016).

Oil Imports

• Chile imports 45% of its oil consumption (157,867 barrels per day in 2016).

History of Oil Consumption and Production