(Energy Analytics Institute, 26.Oct.2023) — Repsol SA CEO Josu Jon Imaz updated the analyst community on the Spanish company’s situation in Venezuela during a recent conference call.
“In Venezuela, we welcome the latest developments with regard to the easing of the U.S. sanctions affecting the oil sector. This is, let me say, good news for us for Repsol, as it will translate into future development opportunities, increase the, the availability of heavy crude oil for our refineries, and also is improving the effectivity of that collection,” Jon Imaz said 26 Oct. 2023 during his opening remarks during a conference call with analysts.