Venezuela
net exporterHeavy crude under US sanctions; exports depend on licences (Chevron) and the shadow fleet to China.
How much oil?
Produces 921 thousand barrels a day. Uses 38% at home and sells 583 thousand (62%) abroad – one supertanker every 3 days.
Where does it go?
| Buyer | share | thousand b/d |
|---|---|---|
| USA | 45% | 264 |
| India | 13% | 75 |
| Spain | 10% | 59 |
| other destinations (not on the map) | 32% | 185 |
Which way?
- Cape of Good Hope13% of exports · 75
13% of exports passes through Cape of Good Hope, but these are calm waters – the routes avoid dangerous straits.
Main terminal: José