Mongolia Oil

Oil Consumption in Mongolia

See also: List of countries by Oil Consumption

• Mongolia consumes 21,000 barrels per day (B/d) of oil as of the year 2016.
• Mongolia ranks #132 in the world for oil consumption, accounting for about 0.022% of the world's total consumption of 97,103,871 barrels per day.
• Mongolia consumes 0.29 gallons of oil per capita every day (based on the 2016 population of 3,040,812 people), or 106 gallons per capita per year (3 barrels). [1 barrel = 42 US Gallons]

Oil Production in Mongolia

See also: List of countries by Oil Production

• Mongolia produces 23,426 barrels per day of oil (as of 2016) ranking #76 in the world.
• Mongolia produces every year an amount equivalent to of its total proven reserves (as of 2016).

Oil Exports

• Mongolia exports 92% of its oil production (21,669 barrels per day in 2016).

History of Oil Consumption and Production