May 20, 2024

Venezuela’s oil and gas sector sees worst crisis

Retrieved

 Even though there are several international companies still remaining in the country, they are not investing in any relevant manner and have minimum personnel.  GlobalData Oil & Gas Analyst Adrian Lara notes that it is fair to assume that, for most of these operators, the best scenario would be to wait for a change in government that could kick-start the sector under renewed rules or laws and improve their partnership terms with PDVSA. Full Text -> TradeArabia  

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