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Energy in Venezuela

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Energy consumption by source

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
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

Oil

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

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 Archived 13 March 2016 at WebCite, 2014 (2012R as in November 2015 Archived 5 May 2015 at WebCite + 2012 as in March 2014 is comparable to previous years statistical calculation criteria, 2013 Archived 2 September 2014 at the Wayback Machine, 2012 Archived 9 March 2013 at the Wayback Machine, 2011 Archived 27 October 2011 at the Wayback Machine, 2010 Archived 11 October 2010 at the Wayback Machine, 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. ^ "Venezuela's Oil Production Set for Another Drop".
  3. ^ IEA Key energy statistics 2010 Archived 11 October 2010 at the Wayback Machine Page: Country specific indicator numbers from page 48