July 25, 2024

Without Fear, Beyond Reproach: the Reform of the Hydrocarbons Sector

Courtesy of PDVSA

Our industry must be reinvented and redesigned in its structure, functioning and focus, and that’s why it must have a new law, made for this very purpose. This law, free of any dogmas, will be the basis for this change. The new bill fits this purpose, having the virtue of being flexible and adaptable enough to serve during the recovery, stabilization and growth periods and as an instrument to deal with the many unknowns that will be encountered along the way. By Carlos Bellorín

Translation/ Traducción