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U.S. Department of Energy
Office of Scientific and Technical Information

Energy policies of the world: Venezuela

Book ·
OSTI ID:7264111
Venezuela ranks fifth in the world in total oil output and 92 percent of its production in 1974 was exported, making it the third largest exporter after Saudi Arabia and Iran. No comprehensive energy policy has been reached yet, but important separate decisions by the government indicate policy directions. The use of energy in Venezuela has been conditioned by the characteristics of the existing resources and by the political-economic plans that evolve from private choices and government regulation. The success of the policy will depend upon the effectiveness, efficiency, and authority of the government and its several agencies. A bill ordering the nationalization of the petroleum industry in Venezuela was signed into law by the President on August 29, 1975. In this work, the author has also analyzed the production and reserve data for natural gas, oil shales, hydraulic power, coal, nuclear fission resources, and solar, wind, tidal, and geothermal energy for Venezuela. Following the chapter on issues, the chapters are entitled: Historical Development of Energy Uses; The Energy Resources of Venezuela; The Production and Consumption of Energy in Venezuela; Means and Ends in Formulating Policy; and Recommendations for a Venezuelan Energy Policy. The final chapter on observations and conclusions is followed by a listing of 17 selected references. (MCW)
OSTI ID:
7264111
Country of Publication:
United States
Language:
English