5 Countries With The Largest Natural Gas Reserves in 2023

3. State of Qatar

Natural Gas Reserves In Cubic Kilometers in 2021: 23,900

Qatar is a Middle Eastern nation that is one of the most prosperous countries in the world. It has the fifth highest GDP per capita in the world at $51,968. The Russian invasion of Ukraine gave Qatar’s natural gas industry a sizeable boost as supplies to Europe accelerated due to sanctions on Russian fuels. Gas exports from Qatar’s North Field have enabled it to vastly improve its standard of living, demonstrating the crucial role of the fuel in the country’s development.