The Largest Oil And Gas Reserve In The World Is Located In Latin America And Belongs To Venezuela. Venezuela’s Sea Of Oil Surpasses Saudi Arabia By A Wide Margin.
Venezuela has 300.9 billion barrels of proven crude oil reserves, making it the largest oil and gas reserve in the world, according to data released by the state-owned company Petróleos de Venezuela SA (PDVSA). The data was shared via the social network X, where the Latin American company claims that most of the proven reserves, 279.1 billion barrels, are in the Hugo Chávez Oil Belt in the southeast of the country.
The Largest Oil Reserve In The World, Located In Venezuela, Surpasses Saudi Arabia
On the other hand, 20.330 billion barrels are located between the states of Zulia and Falcon (northwest). There are also 1.088 billion barrels between Barinas and Apure (southwest) and 343 billion barrels in Carúpano (northeast).
According to local press, the largest oil reserve in the world surpasses Saudi Arabia, which ranks second in proven global reserves with 298 billion barrels, and in third place is Canada with 170 billion barrels.
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In fourth and fifth places are Iran and Iraq, with 156 million and 145 billion, respectively. Still according to local press, Venezuela, owner of the largest oil reserve in the world, expects to achieve, by 2024, the production target of over one million barrels per day, 27.7% more than the average of 783,000 barrels produced per day last year.
Recently the US announced that it plans to reactivate sanctions against the Venezuelan oil and gas sector, citing Caracas’ failure to meet commitments made to the opposition last October, considering the presidential elections this year in the country.
Understand The US Sanction Against The Country With The Largest Oil Reserve In The World
According to State Department spokesman Matthew Miller, in a statement, the lack of progress, including allowing all presidential candidates to run in this year’s elections, led the United States not to renew the license authorizing the purchase of commodities from the largest oil and gas reserve in the world when it expired on April 18, 2024.
The government of the United States considers that the actions of President Nicolás Maduro and his representatives in Venezuela, including the imprisonment of members of the democratic opposition and the prohibition of candidates from running in this year’s presidential elections, are inconsistent with the agreements signed by representatives of the Venezuelan President and the Unitary Platform of the opposition.
Vice President Of Venezuela Speaks Out On US Initiative
The announcement came after, on January 26, the Supreme Court of Justice of Venezuela confirmed that the winner of the opposition’s primary elections, Maria Corina Machado, will not be able to run against Maduro in the presidential elections, which are expected to take place in the second half of the year.
In response, the government of Venezuela threatened to review the mechanisms of bilateral cooperation between Caracas and Washington and to immediately revoke the repatriation flights of Venezuelans.
According to the Vice President of Venezuela, Delcy Rodriguez, on X, if the US takes a misstep in intensifying economic aggression against Venezuela, at the request of the country’s extremist lackeys, any existing cooperation mechanism will be reviewed as a countermeasure to the deliberate attempt to attack Venezuela.
President Nicolás Maduro recently stated that he will sign contracts with 20 investors for the exploration of commodities in the largest oil reserve in the world, located in Latin America.


Tem que acabar com esse cara .matar mesmo , o resto depois tudo se ajeita , a morte deste jujeito não vai ser sentida por ninguém a não ser pelos seus colegas ditadores corruptos tipo um lula da vida e seus puxadinhos , assim o mundo vai ser cada dia. Melhor . Cobra tem que matar .
Concordo com vc Simarone , tá faltando um cabra corajoso pra resolver na Venezuela e Brasil
Concordo com você em gênero, número e grau!
OS FACISTAS **** DA DIREITA, RUMINANDO SEUS INSTINTOS SANGUINÁRIOS ! E DEPOIS VEM FALAR DE CHAVES , LULA E DA DEMOCRACIA ! TINHAM QUE TÁ NA **** JUNTOS COM OS **** , OS COMPARSAS,A FAMILICIA E O **** JUNTOS ! E JOGAR A CHAVE FORA !
Se melhorar no português, na próxima dou um like.
Só falta um presidente honesto então para se tornar uma potência? Ou roubar mais uma refinaria brasileira?
Isso talvez explica o interesse do Jimmy Neutron do Aphartheid e do Netanyahu dos trópicos na região