Energy in Venezuela

Venezuela was one of the world's largest producers of oil, and the country with the largest proven oil reserves in the world. Venezuela is a member of OPEC.

Electricity in Venezuela is predominantly produced from hydroelectricity.

Overview
Energy in Venezuela[1]
Capita Prim. energy Production Export Electricity CO2-emission
Million TWh TWh TWh TWh Mt
200426.16532,2801,62372.1128
200727.57412,1381,38184.6144
200827.97452,1021,34085.9146
200928.47782,3671,50389.5155
201028.838952,2411,35394.77183.04
201229.288162,3351,50697.73159.22
2012R29.968882,3181,405101.88178.28
201330.418002,2351,40598.25155.57
Change 2004-1010.3%37.0%-1,7%-16,6%31.4%42.6%
Mtoe = 11.63 TWh, Prim. energy includes energy losses

2012R = CO2 calculation criteria changed, numbers updated

Oil
See also: Oil reserves in Venezuela and History of the Venezuelan oil industry

Venezuela ranked 11th in the world for oil production in 2016; production has since fallen steeply.[2]

The largest oil company is Petróleos de Venezuela (PDVSA).

Oil fields in the country include Bolivar Coastal Field, Boscán Field, Maracaibo Basin and Orinoco Belt.

Electricity
Caruachi Dam, Caroní River in Bolivar state, Venezuela (2006) 12 TWh/year
Main article: Electricity sector in Venezuela

Hydroelectricity

Hydro power provided 74% of domestic electricity in 2008. Venezuela produced 87 TWh hydro power in 2008, 2.6% of the world total. Venezuela was top 8th in hydro electricity in 2008.[3]

See also

References
  1. IEA Key World Energy Statistics Statistics 2015, 2014 (2012R as in November 2015 + 2012 as in March 2014 is comparable to previous years statistical calculation criteria, 2013, 2012, 2011, 2010, 2009 Archived 7 October 2013 at the Wayback Machine, 2006 Archived 12 October 2009 at the Wayback Machine IEA October, crude oil p.11, coal p. 13 gas p. 15
  2. https://oilprice.com/Energy/Crude-Oil/Venezuelas-Oil-Production-Set-For-Another-Drop.html#
  3. IEA Key energy statistics 2010 Page: Country specific indicator numbers from page 48
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