abstract:The Orinoco Belt is a territory which occupies the southern strip of the eastern Orinoco River Basin in Venezuela. Its local Spanish name is Faja Petrolífera del Orinoco (Orinoco Petroleum Belt).
TNK-BP is also part of a consortium of five Russian companies that is partnering with PdVSA to develop the Junin 6 oil field, which is also in the Orinocobelt.
In addition to its massive proved reserves, it has an estimated 260 billion barrels of heavy crude--roughly equal to Saudi reserves--in its OrinocoBelt stretching across the center of the nation.
In addition to its massive proved reserves, it has an estimated 260 billion barrels of heavy crude--roughly equal to the Saudi reserves--in the OrinocoBelt that stretches across the center of the nation.