HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 1.Sep.2021, Words: 1,400) — Venezuela, home to the world’s largest oil reserves, still has an opportunity to capitalize on producing oil amid the energy transition, Ali Moshiri, head of Amos Global Energy tells Energy Analytics Institute (EAI).
“Investment is going to go where the lowest cost is and Venezuela has that opportunity to capture on that,” Moshiri says.