The Middle East region's proven natural gas reserves were estimated at 2,843 trillion cubic feet (tcf) at end-2012, equivalent to 43% of the world's natural gas reserves. As such, Iran held the region's largest proven natural gas reserves with 1,187.3 tcf, or 41.8% of the region's total reserves.
It was followed by Qatar with 885.1 tcf, equivalent to 31.1% of the region's total, Saudi Arabia with 290.8 tcf (10.2%), the UAE with 215.1 tcf (7.6%), Iraq with 126.7 tcf (4.5%) and Kuwait with 63 tcf (2.2%).
BP, Byblos Research
6 July