2,785,000 bpd
Includes condensates and natural gas liquids. Source: Venezuela's Petroleum ministry "Memoria y cuenta 2014", delivered to the Congress
+
130,000 bpd
Includes imports of gasoline, diesel and refining feedstock from the United States and through tenders on the open market. This does not include long-term purchase agreements from any other country other than the United States. Sources: Energy Information Administration (EIA), tender documents
+
17,000 bpd
Includes purchases of Algeria's Saharan Blend crude and Russia's Urals crude in the last quarter of 2014. Source: PDVSA documents
TOTAL OIL INPUT
=
2,932,000 bpd
–
576,000 bpd
Balance based on official oil production, exports and fuel purchases data.
CRUDE AND PRODUCT EXPORTS
=
2,356,000 bpd
Source: Venezuela's Petroleum ministry "Memoria y cuenta 2014", delivered to the Congress
x
$88.74
Source: Venezuela's Petroleum ministry