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Accession Number PB2013-100159
Title Country Analysis Briefs: Venezuela, October 3, 2012.
Publication Date Oct 2012
Media Count 12p
Personal Author N/A
Abstract Venezuela is one of the world's largest exporters of crude oil and the largest in the Western Hemisphere. The oil sector is of central importance to the Venezuelan economy. As a founding member of the Organization of the Petroleum Exporting Countries (OPEC), Venezuela is an important player in the global oil market. In 2010, Venezuela consumed 3.2 quadrillion British thermal units (BTUs) of total energy. Oil represents the bulk of total energy consumption in Venezuela. Hydroelectricity and natural gas each account for over 20 percent, while coal accounts for the remainder of energy use. Over the last decade the share of oil consumption in the country's total energy mix has risen from 36 percent to 47 percent, largely because the Venezuelan government subsidizes liquid fuels.
Keywords Carbon dioxide emissions
Forecasts
Oil consumption
Oil production
Oil-exporting countries
United States oil imports
Venezuela


 
Source Agency Energy Information Administration
NTIS Subject Category 97B - Energy Use, Supply, & Demand
97G - Policies, Regulations & Studies
Corporate Author Energy Information Administration, Washington, DC.
Document Type Technical report
Title Note N/A
NTIS Issue Number 1303
Contract Number N/A

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