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About: Oil reserves in Venezuela     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:Tract108673395, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: yago:WikicatOilFieldsOfVenezuelayago:Field108569998yago:GeographicalArea108574314yago:Location100027167yago:Object100002684yago:PhysicalEntity100001930yago:Region108630985yago:YagoGeoEntityyago:YagoLegalActorGeoyago:YagoPermanentlyLocatedEntityyago:Tract108673395 New Facet based on Instances of this Class

The proven oil reserves in Venezuela are recognized as the largest in the world, totaling 300 billion barrels (4.8×1010 m3) as of 1 January 2014. The 2019 edition of the BP Statistical Review of World Energy reports the total proved reserves of 303.3 billion barrels for Venezuela (slightly more than Saudi Arabia's 297.7 billion barrels). Venezuela's crude oil is very heavy by international standards, and as a result much of it must be processed by specialized domestic and international refineries.