Lawmaker Says Voluntad Popular To Present ‘Energy Venezuela’ Proposal

Instant Max AI Immediate Frontier

(Energy Analytics Institute, Piero Stewart, 29.Oct. 2018) — Opposition party Voluntad Popular will present a proposal called “Energy Venezuela,” which will outline guidelines established for a modification of Venezuela’s Hydrocarbons Law to reverse the fall of oil production in the OPEC country.

Among aspects outlined in the proposal are suggestions on how to implement flexibility in contracts with international companies since Venezuela “doesn’t have the money to reactivate the oil sector,” reported the daily El Nacional, citing Voluntad Popular opposition leader Yon Goicoechea.

***

#LatAmNRG

Previous post Weatherford Reports Higher Activity Levels In Argentina and Mexico
Next post Ecopetrol Seeks License To Start Fracking Tests In Colombia

Leave a Reply

Your email address will not be published.