Venezuela Producing Around 450,000 b/d

(Energy Analytics Institute, 1.Dec.2020) — Venezuela is said to be producing around 450,000 barrels per day and exporting more with the assistance of Chinese and Russians companies lifting the South American country’s oil.

Production could rise to at least 600,000 b/d in coming months, oil union official Ivan Freites told Energy Analytics Institute.

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By Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.