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Is it proved that Somalia has oil reserve of 110 billion barrels or just rumors?
Wiki User
∙ 8y ago
Somalia does have huge potential for oil, figures like the one you have quote have been estimated to be inside Somalia.
While oil wells have been found in land somalia, the real potential lies in gas and oil discovered waiting to be found
At the end of the day only God really knows what Somalia has or has not.
Let's hope that the Somali's strike it huge
Wiki User
∙ 8y ago
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How much oil does the US use?
The United States consumes an average of 20 million barrels of oil per day (bbl/d, according to the Department of Energy. Of that, about 45 percent is used for motor gasoline. The rest is used for distillate fuel oil, jet fuel, residual fuel and other oils. Each barrel of oil contains 42 gallons (159 L), which yields 19 to 20 gallons (75 L) of gasoline. So, in the United States, something like 178 million gallons of gasoline is consumed every day.In 2010 the United States consumed a total of 19.15 million barrels per day (MBPD).19.15 multiplied by 365 = 3,989.75 million barrels of oil which equals 4 billion barrels of oil consumed in 2010.One barrel of oil is equal to 42 gallons so 4 billion barrels = 168 billion gallons of oil consumed in 2010.Energy Data foundElectricity - production:Electricity - consumption:3.816 trillion kWh (2005)Electricity - exports:19.8 billion kWh (2005)Electricity - imports:44.53 billion kWh (2005)Oil - production:8.322 million bbl/day (2005 est.)Oil - consumption:20.8 million bbl/day (2005 est.)Oil - exports:1.048 million bbl/day (2004)Oil - imports:13.15 million bbl/day (2004)Oil - proved reserves:21.76 billion bbl (1 January 2006 est.)Natural gas - production:490.8 billion cu m (2005 est.)Natural gas - consumption:604 billion cu m (2005 est.)Natural gas - exports:19.8 billion cu m (2005 est.)Natural gas - imports:117.9 billion cu m (2005)Natural gas - proved reserves:5.551 trillion cu m (1 January 2006 est.)
Which country has the most petrol England or Egypt or Morocco or America?
The United States has substantially larger petroleum resources (21 billion proved barrels) than England, Egypt, and Morocco. The reason that the United States is a petroleum importer is that most of these resources are not plumbed and of those that are, a significant portion are put into government reserves.
What country has the largest oil reserves in the world?
Sometimes a very simple question does not result in a simple answer. I could say the country is either Saudi Arabia or Venezuela, depending on whose numbers you trust the most. It is cited in many references that Saudi Arabia has the highest proved reserves, totalling 267 billion barrels. See links. However recently, Venezuela claims to have the most proven reserves, with 297 billion barrels. See second link and last link. Note that million and billion barrels is abbreviated MMbbls and Gbbls. Both Saudi Arabia and Venezuela have extensive oil deposits and for many years, Saudi Arabia claimed the most oil, with Venezuela more than 100 billion barrels less than Saudi Arabia. As shown on the related link, Venezuela has been raising its estimate of reserves for the past 5 years, and some of this oil may not be as "proven" as in the case of Saudi Arabia. To meet the proven category, it is necessary to show the oil can be commercially developed under existing technologies and oil prices. Also, the oil recovery factor should be conservatively estimated. Venezuela has extensive heavy oil deposits, and estimation of a conservative recovery factor may be subjective, allowing for overestimation of recovery. Their rapid increase in reserves has added skepticism of their claim to have the largest proven reserves in the world. Note the official OPEC estimate of reserves, in 2008 was 99.4 billion barrels. (see first link) Saudi Arabia has not revised their estimates in many years, and according to Wikipedia, some experts suspect that their estimate may also be overestimated.
How to calculate how many thousands in one billion?
It all depends on how you define one billion. In the USA, a billion is obtained by multiplying a million by 1000. In Europe, a billion is obtained by multiplying a million by another million. So, in the USA the system is as follows: 1000 = one thousand. 1000 x 1000 = 1,000,000 = one million. it might not be the biological answer but it is proved as an answer for the history of answers,
Cost of World War 1?
The total direct and indirect cost of World War I was 337 billion dollars. It proved to be the costliest war to date at the time.
Is there some kinda hotline in heaven?
Nope - This is proved by the 3 billion that are starving from Birth to Death and praying everyday for him to answer. Best to take Self-Responsibility for what is Here in Equality
What is one billion miles away from new jersey?
Civilization. Seriously, one billion miles from Earth would put you in the neighborhood of Saturn. You can see the Earth from there, as the Cassini orbiter just proved, but not specifically New Jersey.
How did Ida B. Wells work to end lynching?
She proved the innocence of victims.
What is importance of ore reserves in mine planning and design?
reserves are attained from measured and indicated resources. we basically have two types of reserves proved and probable. mine planning deals with proved resources, these are determine on a drilling scale of 250m x 250m or less. proved resources perfectly show shape and continuity of the deposit, grades and tonnage. these factors are used now to come up with the best possible method to mine the reserve at the lowest possible cost making a profit.
Who proved pi is a transcendental number?
Hermite proved that "e" is transcendental, but it was Ferdinand Lindemann who proved that "pi" is transcendental.
What is a proved of truth?
a proved truth
Contradiction is proved by what statement?
In general a contradiction cannot be proved.
