Data |
|
2007
|
2008 |
| |
28 year history |
Venezuela
|
Central & South America |
OPEC |
World |
Rank |
|
Venezuela
|
| Petroleum (Thousand Barrels per Day) |
 |
|
|
|
|
|
|
Total Oil Production 
Production of crude oil (including lease condensate), natural gas plant liquids, and other liquids, and refinery processing gain (loss). Negative value indicates refinery processing loss.
|
|
2,670.21 |
7,218 |
34,389 |
84,392 |
9 |
|
2,642.90 |
| Crude Oil Production
Includes lease condensate. |
|
2,432.64 |
6,236 |
31,210 |
72,989 |
10
|
|
2,394.02 |
| Consumption
Consumption of petroleum products and direct combustion of crude oil. |
|
713.00 |
5,946 |
7,176 |
86,142 |
23
|
|
750 |
|
| Net Exports/Imports(-)
Net Exports = Total Oil Production – Consumption. Negative numbers are Net Imports. |
 |
1,957.21
|
1,272
|
27,213 |
-- |
8 |
|
1,893 |
| Total Oil Exports to U.S.
Total crude oil and petroleum products.
Data through 2007 is currently available. Source: EIA Petroleum Navigator
|
 |
1,361 |
2,613 |
NA |
13,469 |
4 |
|
NA
|
|
| Refinery Capacity
Crude oil distillation capacity as of January 1. Sources: U.S. data from EIA; Other countries from Oil & Gas Journal.
|
|
1,282 |
|
8,778 |
85,355 |
17
|
|
1,282 |
| Proved Reserves
As of January 1. Sources: U.S. data from EIA; Other countries from Oil & Gas Journal.
(Billion Barrels) |
|
80.012 |
|
911 |
1,317 |
7
|
|
87.035 |
 |
|
|
Natural Gas (Billion Cubic Feet)
|
|
| Production
Dry natural gas. |
|
918 |
5,053 |
|
103,977 |
25
|
|
936 |
| Consumption
Dry natural gas. |
|
918 |
4,513
|
|
104,425
|
28
|
|
936 |
| Net Exports/Imports(-)
Net Exports = Exports - Imports. Negative numbers are Net Imports. Note: Data range begins with the year 1990. |
|
0 |
540 |
|
--
|
--
|
|
0 |
| Proved Reserves
As of January 1. Sources: U.S. data from EIA; Other countries from Oil & Gas Journal.
|
|
151,395 |
250,838 |
|
6,124,016 |
9
|
|
152,380 |
|
|
|
Coal (Million Short Tons)
|
|
| Production
Production of primary coal (includes anthracite, bituminous, lignite, and for Estonia, oil shale). |
|
8.089 |
87 |
|
6,779 |
30
|
|
9.254 |
| Consumption
Consumption of primary coal (includes anthracite, bituminous, lignite, and for Estonia, oil shale) and net imports of metallurgical coke. |
|
0.075 |
41 |
|
6,737 |
96
|
|
0.104 |
| Net Exports/Imports(-)
Net Exports = Exports – Imports. Negative numbers are Net Imports. Includes primary coal and metallurgical coke.
(Trillion Btu) |
|
221.115 |
1,250 |
|
--
|
11
|
|
252.473 |
|
|
|
Electricity (Billion Kilowatthours)
|
|
| Net Generation
Conventional thermal electricity, hydroelectric power, nuclear electric power, and geothermal, solar, wind, and wood and waste electric power generation. |
|
108.41 |
951 |
|
18,015 |
29
|
|
NA |
| Net Consumption
Net generation+electricty imports-electricity exports-electricity distribution losses. |
|
83.84 |
802 |
|
16,379 |
33
|
|
NA
|
| Installed Capacity (GWe)
One billion watts or one thousand megawatts of electric capacity, as of January 1. |
|
22.135 |
220 |
|
4,012 |
29
|
|
22.22 |
|
|
|
Total Primary Energy (Quadrillion Btu)
|
|
| Production
Production of petroleum (crude oil and natural gas plant liquids), dry natural gas, and coal, and net generation of hydroelectric, nuclear, and geothermal, solar, wind, and wood and waste electric power. |
|
8.078 |
29 |
|
469 |
12
|
|
NA |
| Consumption
Consumption of petroleum, dry natural gas, and coal, and net hydroelectric, nuclear, and geothermal, solar, wind, and wood and waste electricity. Also includes net electricty imports. |
|
3.191 |
24 |
|
472 |
26
|
|
NA |
| Energy Intensity
Consumption per dollar of gross domestic product using purchasing power parities.
(Btu per 2000 U.S. Dollars) |
|
12,373 |
-- |
|
-- |
-- |
|
NA |
|
|
|
Carbon Dioxide Emissions (Million Metric Tons of CO₂)
|
|
| Total from
Consumption
of Fossil Fuels
Emissions from the consumption of petroleum, natural gas, and coal and the flaring of natural gas. |
|
151.97 |
1,138 |
|
29,195 |
29
|
|
NA |
|
|
|
 |
| Map of Venezuela
Country Analysis Brief
- Venezuela contains some of the largest oil and natural gas reserves in the world. It consistently ranks as one the top suppliers of U.S. oil imports and is among the top ten crude oil producers in the world.
- Venezuela was the world’s seventh-largest net oil exporter in 2007.
- Venezuela has the second-largest natural gas reserves in the Western Hemisphere.
Read full Country Analysis Brief >>
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