US Edition
The Us Expects Venezuela to Contribute Between 30 and 40% of the Increase in Crude Oil Supply This Year.
17 Articles
17 Articles
Washington maintains its influence over Caracas through control over the sale of Venezuelan oil.
By EFE - The increase in Venezuelan oil production this year will account for 30-40% of the increase in global supply, according to US Energy Secretary Chris Wright, speaking Tuesday. Wright, who participated in a colloquium at the French Institute of International Relations (IFRI) in Paris, estimated that if Venezuela's current production is less than one million barrels per day, the potential increase by the end of this year could be several h…
U.S. Energy Secretary Chris Wright estimated this Tuesday that the sales of Venezuelan crude managed by Washington could exceed 10 billion dollars a year, revenues that would help to "rebuild" the Caribbean country after the exit of the power of the deposed President Nicolás Maduro."So far we have sold about 1 billion dollars in oil. Recently we have signed agreements to sell another 5 billion dollars in the coming months. So we are talking abou…
U.S. President Donald Trump once again opened Venezuela’s oil market to major companies in the sector, a movement that refers to the energy reform promoted in Mexico by former President Enrique Peña Nieto, who lost momentum after being reversed by his successor, Andrés Manuel López Obrador, told CEO Miriam Grunstein, founding partner of Brilliant Energy Consulting. The specialist warned that the future of the Venezuelan oil industry is a “reserv…
The projection was made by Energy Secretary Chris Wright. He also confirmed that they will maintain control of the "undefined" time operations.
U.S. Secretary of Energy Chris Wright has estimated that the increase in Venezuela's oil production this year will represent "30-40%" of the increase in global supply. Wright, who participated in a colloquium at the French Institute of International Relations (IFRI) in Paris, calculated that if Venezuela's production is currently less than a million barrels a day, the possible increase from here to the end of this year could be of "several hundr…
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