(Energy Analytics Institute, 10.Nov.2020) — Venezuela, home to the largest crude oil reserves and sizeable natural gas reserves, reported total oil exports of $984.9bn between 1999 and the first quarter of 2019, according to data from Venezuelan lawmaker Elias Matta.
Table: Venezuela’s Oil Exports | |
Year | $bn |
1999 | $16.7 |
2000 | $27.9 |
2001 | $21.7 |
2002 | $21.5 |
2003 | $22.0 |
2004 | $32.9 |
2005 | $48.3 |
2006 | $58.0 |
2007 | $62.9 |
2008 | $89.0 |
2009 | $54.2 |
2010 | $62.3 |
2011 | $88.1 |
2012 | $93.6 |
2013 | $85.6 |
2014 | $71.7 |
2015 | $35.1 |
2016 | $25.9 |
2017 | $31.5 |
2018 | $29.8 |
1Q:19 | $6.1 |
Total | $984.8bn |
Source: Elias Matta |
The details were revealed during a webcast on Venezuela’s organic hydrocarbon law.
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By Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.