Peru Oil

Oil Reserves in Peru

See also: List of countries by Oil Reserves

Peru holds 682,681,000 barrels of proven oil reserves in the world as of 2016, ranking #42 in the world and accounting for about 0.041% of the world's total oil reserves of 1,650,585,140,000.

Peru has proven reserves equivalent to 7.6 times its annual consumption levels. This means that, without imports, there would be about 8 years of oil left (at current consumption levels and excluding unproven reserves).

History of Oil Reserves in Peru

Oil Consumption in Peru

See also: List of countries by Oil Consumption

• Peru consumes 246,000 barrels per day (B/d) of oil as of the year 2016.
• Peru ranks #48 in the world for oil consumption, accounting for about 0.25% of the world's total consumption of 97,103,871 barrels per day.
• Peru consumes 0.33 gallons of oil per capita every day (based on the 2016 population of 30,866,494 people), or 122 gallons per capita per year (3 barrels). [1 barrel = 42 US Gallons]

Oil Production in Peru

See also: List of countries by Oil Production

• Peru produces 141,448 barrels per day of oil (as of 2016) ranking #41 in the world.
• Peru produces every year an amount equivalent to 7.56% of its total proven reserves (as of 2016).

Oil Imports

• Peru imports 42% of its oil consumption (104,215 barrels per day in 2016).

History of Oil Consumption and Production