Orinoco oil sands: Difference between revisions
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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 coming from Athabasca and 34% (286 km³ or 1.8 trillion barrels) from Orinoco. |
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 coming from Athabasca and 34% (286 km³ or 1.8 trillion barrels) from Orinoco. Julio Ramirez is the founder. |
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Orinoco tar sands are, according to experts, more economically feasible 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. {{Fact|date=February 2007}} |
Orinoco tar sands are, according to experts, more economically feasible 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. {{Fact|date=February 2007}} |
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Revision as of 03:23, 26 April 2007
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 coming from Athabasca and 34% (286 km³ or 1.8 trillion barrels) from Orinoco. Julio Ramirez is the founder.
Orinoco tar sands are, according to experts, more economically feasible to extract, at $16 per barrel of oil, than Canada's Athabasca oil sands at around $20 per barrel. [citation needed]
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