Orinoco oil sands: Difference between revisions

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+#REDIRECT [[Orinoco Belt]]
-The '''Orinoco Oil Sands''', also known as the '''Orinoco Tar Sands''', are deposits of [[oil sands]] located near the [[Orinoco River]] in [[Venezuela]]. The Orinoco River starts in the Venezuelan-Brazilian border and ends in the [[Atlantic Ocean]] at the [[Gulf of Paria]]. The Orinoco Tar Sands are known to be one of the largest, if not the largest [[oil sand]] deposit in the world, along with the [[Athabasca Tar Sands]] in [[Alberta]], [[Canada]]. It is estimated that at least 66% of the world's petroleum reserves are preserved in oil sand form, with 32% (270 km³ or 1.7 trillion barrels) of [[oil sand]] deposits in Athabascan deposits and 34% (286 km³ or 1.8 trillion barrels) in the Orinoco deposits.
-Orinoco tar sands are, according to experts, more economical to extract, at [[U.S. Dollar|$]]16 per barrel of oil, than Canada's Athabasca oil sands at around [[U.S. Dollar|$]]20 per barrel, but at prices over $60, this cost differential is too small to matter. {{Fact|date=February 2007}}
-[[Category:Tar sands]]
-[[Category:Oil fields of Venezuela]]
-{{Venezuela-geo-stub}}
-{{oilfield-stub}}