Venezuela Announces Oil Reserves of About 303 Billion Barrels; Experts Question the Figure

Venezuela announces proven oil reserves of 303 billion barrels, a figure that sets it apart from the rest of the world. Experts question the accuracy of this figure and say it requires significant scrutiny.

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• Venezuela points to proven oil reserves of 303 billion barrels.

  «303 billion barrels of so-called proven oil reserves»

  ABC News • The Seattle Times
• Experts say the figure requires significant scrutiny, and some describe it as exaggerated.

  «But experts say that’s a stretch»

  The Seattle Times
• ABC News describes the figure as setting Venezuela apart from the rest of the world and notes that experts question its accuracy.

  «يتميز رقم 303 مليارات برميل من احتياطات النفط المؤكدة المعلنة لفنزويلا عن بقية العالم»

  ABC News

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