A paid subscription is required for full access. This statistic shows the production volume of palm oil in Venezuela from 2010 to 2021. In 2021, the production of palm oil in Venezuela amounted to 8 thousand metric tons, same figure recorded since 2018. Get notified via email when this statistic is updated.
What is palm oil production line?
Palm oil production line includes three sections, palm oil pressing plant, palm oil refinery plant and palm oil fractionation plant. As the manufacturer of the palm oil production line, we can offer the whole line or part of the palm oil production line for different capacities with turnkey services.
Why is the Venezuelan oil industry on the brink of collapse?
Despite its advantageous resources, a combination of mismanagement, production crises, insufficient financial assets, and economic sanctions have put the Venezuelan oil industry – along with the national economy – on the brink of collapse.
Is Venezuela a Titan in the global oil industry?
Venezuela had everything to be a titan in the global oil industry. One of the founding members of the Organization of the Petroleum Exporting Countries (OPEC), the South American nation holds the largest crude oil reserves in the world, amounting to more than 300 billion barrels.