Template-Type: ReDIF-Article 1.0
Author-Name:  (none)
Title:  Excerpts from the Remarks of Celestino Armas
Classification-JEL: F0
Pages:  25-26
Volume:  Volume 11
Issue:  Number 1
Year:  1990
Abstract:  Allow me to briefly review Venezuela's existing energy potential. Our conventional crude oil reserves stand at 59 billion barrels, while our reserves of extra-heavy oil and natural bitumens are in the order of 260 billion barrels. At its present production rate, Venezuela holds conventional oil reserves for 94 years, while the life-span of its non-conventional crude resources is 360 years.
Handle: RePEc:aen:journl:1990v11-01-a05
File-URL: http://www.iaee.org/en/publications/ejarticle.aspx?id=1990
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