Exchange on Energy Storage Containers for Venezuelan Mines

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3 FAQs about Exchange on Energy Storage Containers for Venezuelan Mines

What is the role of coal in Venezuela's energy mix?

In comparison to oil and natural gas, coal plays a minor role in Venezuela’s energy mix, accounting for 0.2% of total energy production and 0.1% of total energy consumption. Venezuela’s coal industry has faced challenges such as outdated infrastructure and limited investment, which has affected production.

How many b/d does Venezuela refine?

According to IPD Latin America estimates, Venezuela’s refinery throughput has been less than 300,000 b/d, or roughly one-fifth of its nameplate capacity. 17 Venezuela has worked with Iran to supply fuel as well as refining materials, spare parts, and technicians to restart the refineries.

When did Venezuela start importing naphtha & condensates?

Venezuela began to import naphtha and condensates in 2023 following the waiving of some U.S. sanctions (Figure 17). As of 2023, Venezuela had 25 operational pipelines with a total capacity of 8,969,985 barrels of oil equivalent per day and a total length of 2,139 miles (Table 3).