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Russia becomes leading oil producer, BP says

BBC Published Jun 9, 2010 Reviewed Jul 1, 2026 ✓ Reviewed by citations.press editors
Citation-ready fact
World oil production dropped by 2 million barrels per day in 2009.
2 barrels per day · oil production
BP, oil giant
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Citation-ready fact
Russia increased oil production by 1.5% in 2009, claiming a 12.9% market share.
1.5 % · oil production12.9 % · market share
BP, oil giant
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Saudi Arabia's oil production fell 10.6% in 2009, giving it a 12% market share.
10.6 % · oil production12 % · market share
BP, oil giant
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Global oil consumption fell by 1.2 million barrels per day (1.7%) in 2009, while natural gas use dropped 2.1%.
1.2 barrels per day · oil consumption1.7 % · oil consumption2.1 % · natural gas use
BP, oil giant
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World oil production dropped by 2 million barrels per day (2.6%) in 2009, the largest decline since 1982.
2 barrels per day · oil production2.6 % · oil production
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Global gas production fell 2.1% in 2009, the first decline on record.
2.1 % · gas production
BP, oil giant
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Oil production fell sharply in Russia (-12.1%) and Turkmenistan (-44.8%) in 2009.
12.1 % · oil production44.8 % · oil production
BP, oil giant
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Global proven oil reserves increased by 700 million barrels to 1.33 trillion barrels in 2009.
700 million barrels · oil reserves1.33 trillion barrels · oil reserves
BP, oil giant
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World gas reserves grew by 2.21 trillion cubic meters to 187.49 trillion cubic meters in 2009.
2.21 trillion cubic meters · gas reserves187.49 trillion cubic meters · gas reserves
BP, oil giant
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Russia overtook Saudi Arabia to become the world's leading oil producer in 2009, while global oil consumption fell the most since 1982, BP has said.

According to the oil giant's latest Statistical Review of World Energy, Russia increased oil production by 1.5% in 2009, claiming a 12.9% market share.

Production in Saudi Arabia fell 10.6%, giving the country a 12% market share.

Global oil consumption fell by 1.2m barrels a day, or 1.7%, while natural gas use dropped 2.1%.

The world's oil production dropped by 2m barrels a day, or 2.6%, also the largest decline since 1982.

BP also said that "global gas production declined for the first time on record", falling 2.1%.

"Production fell sharply in Russia (-12.1%) and Turkmenistan (-44.8%), driven by declining consumption - in Russia and much of the rest of Europe - and the availability in Europe of competitively priced liquefied natural gas," the report states.

The US became the world's largest gas producer, surpassing Russia, thanks to "continued expansion of unconventional supplies".

Global proven oil reserves increased by 700m barrels to 1.33 trillion barrels last year.

At the same time, the world's gas reserves grew by 2.21 trillion cubic meters to 187.49 trillion cubic meters.

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