Oil and Gas
In Los llanos the governments of Venezuela and Colombia had developed a strong oil and gas industry in zones of Arauca, Casanare, Guárico, Anzoátegui, Apure and Monagas. The Orinoco Belt, entirely in Venezuelan territory, consists of large deposits of extra heavy crude (oil sands). The Orinoco belt oil sands are known to be one of the largest, behind that of the Athabasca Oil Sands in Alberta, Canada. Venezuela's non-conventional oil deposits of about 1,200 billion barrels (1.9×1011 m3), found primarily in the Orinoco oil sands, are estimated to approximately equal the world's reserves of conventional oil.
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