#orinoco-belt

#orinoco-belt

Venezuela had been found to have considerable deposits which were essential to the country's economy in previous decades but they represented only 3% of the world total. Thirty years later, between 2008 and 2010, Venezuela became the first country to surpass Saudi Arabia in known oil reserves. As announced by the local government and certified by the Organization of the Petroleum Exporting Countries (OPEC), beneath the country's soil lay one of the largest deposits of technically recoverable crude oil in the world.