Venezuela’s Oil Sector Needs Private Investors

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(Energy Analytics Institute, 29.Jun.2021) — The private sector must be reintegrated to increase production in Venezuela as it’s the only viable way the country could meet the optimistic production goals of 1.5 million barrels per day by year end as previously announced by President Nicolás Maduro.

That’s why the participation of the private sector is so important, said Reinaldo Quintero, the president of Venezuela’s Petroleum Chamber on 29 June 2021 in an interview with Unión Radio.

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

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