Commodity market report
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18 Pages

Venezuela energy markets outlook 2014 - overview

Venezuela energy markets outlook 2014 - overview

Report summary

  In no other nation are politics, the economy and energy sector intertwined like they are in Venezuela.  Political goals are often obtained through oil revenue and the petroleum sector accounts for 95% of exports, half of fiscal income and around 30% of GDP.  Including the extra-heavy oil in the Orinoco Belt, Venezuela has the largest oil reserves in the world.  However, oil production is declining and foreign investment has been discouraged by the increasingly hostile regulatory...

What's included?

This report includes 4 file(s)

  • Venezuela energy markets outlook 2014 - overview PDF - 1.25 MB 18 Pages, 10 Tables, 15 Figures
  • Venezuela.xls XLS - 918.04 KB
  • non m-file Venezuela 2014.xls XLS - 156.00 KB
  • (WMAS upload) SupportingCharts Venezuela.xls XLS - 1.49 MB


Due to their sensitivity to political events and the global economy, energy demand and trade remain extremely volatile. The rapidly changing cost environment for hydrocarbon production and renewable energy, combined with energy policy changes, means the fuel mix in energy markets can be unpredictable at best. Further complicating the outlook is the transition and pace of the energy-intensive developing world from industrial to services-based economic growth, supporting the growing need for power generation.

This Energy Markets Long Term Outlook report provides a multi-fuel supply and demand forecast supported by a breakdown of the key facts.

Companies involved in all sectors of the energy industry can use this long term outlook report to assess inter-fuel dynamics and market drivers for strategic planning and investment opportunities. Use it to understand supply and demand fundamentals across hydrocarbon and renewables.

Analysing 92 markets and providing comprehensive coverage of global energy supply and demand, Wood Mackenzie is ideally placed to offer extensive expertise and robust knowledge of the energy markets sector. We write detailed supply and demand forecasts across all fuels and sectors based on our objective, proprietary data.

Whether you want an independent outlook on the market or to screen for opportunities in new markets, we help you understand global energy dynamics so you can shape your corporate strategy with confidence.

  • Executive summary
  • Economic outlook
    • Economic structure
    • Short-term outlook
    • Medium to Long-Term Growth and Risks
      • GDP per capita (constant 2005 USD)
      • Risks and uncertainties
  • Demand
    • Economic drivers and energy demand
    • Total primary energy demand
    • Energy Intensity
    • Industrial & Non-Energy Use
      • Uncertainties
    • Transport
      • Factors affecting transport demand
      • Uncertainties
    • Residential, commercial and agricultural (RCA)
      • Uncertainties
  • Policy and regulation
    • Energy Policy
    • Environment & Carbon Policy
    • Legislation
    • Environment & Carbon
    • Regulation and Authorities
      • Gas Sector Regulation & Organisation
      • Electricity Sector Regulation & Organisation
      • Authorities
      • Subsidies and Taxes

In this report there are 25 tables or charts, including:

  • Executive summary
    • Key facts (2005 - 2035)
    • Location map
  • Economic outlook
    • Economic indicators (2005-2035)
    • Economic outlook: Table 2
    • GDP by Sector (% of GDP)
    • GDP by Expenditure (Billions of Bolivar, 1997 prices)
    • GDP growth (quarterly YoY%)
    • Annual GDP growth
    • Economic outlook: Image 5
    • Economic outlook: Image 6
  • Demand
    • Total primary energy demand (2005 - 2035)
    • Demand: Image 1
    • Demand: Image 2
    • Demand: Image 3
    • Demand: Image 4
    • Energy demand for industry and non-energy use (2005 - 2035)
    • Industrial energy mix (2005 - 2035)
    • Energy demand for transport (2005 - 2035)
    • Transport fuel mix (2005-2035)
    • Demand: Table 4
    • RCA energy demand by sub-sector (2012)
    • Residential, commercial and agricultural fuel mix (2005-2035)
  • Policy and regulation
    • Policy and regulation: Table 1
    • Policy and regulation: Table 2
    • Policy and regulation: Table 3
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