TITLE

Venezuela Energy Market Overview

PUB. DATE
September 2008
SOURCE
Venezuela Oil & Gas Report;Q4 2008, p11
SOURCE TYPE
Industry Profile
DOC. TYPE
Article
ABSTRACT
The article presents an overview of Venezuela's energy market. As one of the world's top ten oil producers, Venezuela used to be capable of producing an average of 3.2 million barrels per day (b/d) but it fell to an estimated 2.36 million b/d. The International Energy Agency (IEA) assesses sustainable capacity at nearer 2.5 million b/d. The country's recoverable coal reserves is approximated at 479 million tonnes and in 2007, Venezuela produced 8.0 million tonnes but consumed only 0.1 million.
ACCESSION #
35173308

 

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