Beyond a set of challenges related to streamlined access to basic necessities, the Venezuela is a great land of global business and touristic opportunities. Venezuela has a mixed economy dominated by the petroleum sector. Venezuela has the least expensive petrol in the world because the consumer price of petrol is heavily subsidized. Venezuela has the largest oil reserves, and the eighth largest natural gas reserves in the world, and consistently ranks among the top ten world crude oil producers. The country's main petroleum deposits are located around and beneath Lake Maracaibo, the Gulf of Venezuela (both in Zulia), and in the Orinoco River basin (eastern Venezuela), where the country's largest reserve is located. Venezuela manufactures and exports heavy industry products such as steel, aluminium and cement, with production concentrated around Ciudad Guayana, near the Guri Dam , one of the largest in the world and the provider of about three-quar...
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