UAE has the fifth largest natural gas reserves in the world.

The UAE contains proven crude oil reserves of 97.8 billion barrels, or slightly less than 8% of the world total reserves. Abu Dhabi holds 94% of this amount, or about 92.2 billion barrels. Dubai contains an estimated 4.0 billion barrels, followed by Sharjah and Ras al-Khaimah, with 1.5 billion and 100 million barrels of oil, respectively. UAE has undertaken a number of partnerships with foreign oil giants, to facilitate technology transfer and in turn improvement in efficiency. Expansions have been planned in almost all the existing oil fields within UAE. The country is in a position to expand too, considering the amount of crude oil reserves that it possesses.

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