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.
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Electricity in Venezuela is predominantly produced from hydroelectricity.
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.
| Capita | Prim. energy | Production | Export | Electricity | CO2-emission | |
|---|---|---|---|---|---|---|
| Million | TWh | TWh | TWh | TWh | Mt | |
| 2004 | 26.1 | 653 | 2,280 | 1,623 | 72.1 | 128 |
| 2007 | 27.5 | 741 | 2,138 | 1,381 | 84.6 | 144 |
| 2008 | 27.9 | 745 | 2,102 | 1,340 | 85.9 | 146 |
| 2009 | 28.4 | 778 | 2,367 | 1,503 | 89.5 | 155 |
| 2010 | 28.83 | 895 | 2,241 | 1,353 | 94.77 | 183.04 |
| 2012 | 29.28 | 816 | 2,335 | 1,506 | 97.73 | 159.22 |
| 2012R | 29.96 | 888 | 2,318 | 1,405 | 101.88 | 178.28 |
| 2013 | 30.41 | 800 | 2,235 | 1,405 | 98.25 | 155.57 |
| Change 2004-10 | 10.3% | 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 | ||||||
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.
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]
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