Energy in Venezuela describes energy

World energy resources and consumption

]World energy consumption in 2010: over 5% growthEnergy markets have combined crisis recovery and strong industry dynamism. Energy consumption in the G20 soared by more than 5% in 2010, after the slight decrease of 2009. This strong increase is the result of two converging trends...

 and electricity

Electricity generation

Electricity generation is the process of generating electric energy from other forms of energy.The fundamental principles of electricity generation were discovered during the 1820s and early 1830s by the British scientist Michael Faraday...

 production, consumption and export from Venezuela

Venezuela

Venezuela , officially called the Bolivarian Republic of Venezuela , is a tropical country on the northern coast of South America. It borders Colombia to the west, Guyana to the east, and Brazil to the south...

. Energy policy of Venezuela

Energy policy of Venezuela

Venezuela has the largest conventional oil reserves and the second-largest natural gas reserves in the Western Hemisphere. In addition Venezuela has non-conventional oil deposits approximately equal to the world's reserves of conventional oil...

  describes the the energy policy

Energy policy

Energy policy is the manner in which a given entity has decided to address issues of energy development including energy production, distribution and consumption...

 in the politics of Venezuela

Politics of Venezuela

|The politics of Venezuela occurs in a framework explained in Government of Venezuela.There are currently two major blocs of political parties in Venezuela: the incumbent leftist bloc United Socialist Party of Venezuela , its major allies Fatherland for All and the Communist Party of Venezuela ,...

 more in detail. Electricity sector in Venezuela

Electricity sector in Venezuela

The electricity sector in Venezuela is one of the few in the world to rely primarily on hydroelectricity, which accounted for 71% in 2004.-Electricity production:...

 is the main article of electricity in Venezuela.

Venezuela is a member of OPEC

OPEC

OPEC is an intergovernmental organization of twelve developing countries made up of Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela. OPEC has maintained its headquarters in Vienna since 1965, and hosts regular meetings...

.

Overview

Energy in Venezuela
	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
Change 2004-2009	8.6 %	19.1 %	3.8 %	-7.4 %	24.0 %	20.4 %
Mtoe = 11.63 TWh, Prim. energy includes energy losses

Oil

By IEA the top oil producers in 2009 were (Mt): 1) Russia 494 2) Saudi Arabia

Energy in Saudi Arabia

Energy in Saudi Arabia describes energy and electricity production, consumption and export in Saudi Arabia.Saudi Arabia is one of the world's largest energy producers, pumping approximately of petroleum...

 452 3) United States 320 4) Iran

Energy in Iran

Energy resources in Iran consist of the third largest oil reserves and the second largest natural gas reserves in the world. Iran is in a constant battle to use its energy resources more effectively in the face of subsidization and the need for technological advances in energy exploration and...

 206 5) China 194 6) Canada 152 7) Mexico

Energy in Mexico

Energy in Mexico describes energy and electricity production, consumption and import in Mexico. Energy policy of Mexico will describe the he energy policy in the politics of Mexico more in detail...

 146 8) Venezuela 126 9) Kuwait

Energy in Kuwait

Kuwait was 9. top oil producer 2009. Kuwait is a member of OPEC. In four years 2004-2008 the population growth of Kuwait was 11 % and the energy export grew 16 %...

 124 and 10) UAE

Energy in the United Arab Emirates

Energy in the United Arab Emirates describes energy and electricity production, consumption and import in the United Arab Emirates . UAE has 7 % of global proved oil reserves, about 100 billion barrels.- Overview :- Oil production :...

 120

Main oil company is Petróleos de Venezuela (PDVSA).

Oil fields include Bolivar Coastal Field

Bolivar Coastal Field

Bolivar Coastal Field is the largest oil field in South America with its 6,000-7,000wells and forest of related derricks, stretches thirty-five miles along the north-east coast of Lake Maracaibo, Venezuela....

, Boscán Field

Boscán Field

The Boscán Oil Field is located 40 km southwest of Maracaibo, Venezuela, and covers an area of about 660 square kilometers. The field produces a 10.5 degree API gravity crude oil from the Eocene Misoa Formation locally called the Boscán Formation. The field was discovered in 1946 with drilling...

, Maracaibo Basin

Maracaibo Basin

The Maracaibo Basin in Western Venezuela is a prolific, oil-producing sedimentary basin. The basin is bounded on the north by the Oca Fault which separates it from the Caribbean Sea. The remaining sides of the basin are bounded by a branching in the northern Andes Mountains termed the Sierra de...

 and Orinoco Belt

Orinoco Belt

The Orinoco Belt is a territory which occupies the southern strip of the eastern Orinoco River Basin in Venezuela. Its local Spanish name is Faja Petrolífera del Orinoco ....

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Water power

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.