Abstract
Venezuela with 64 billion barrels of proven reserves, estimates that 40 billion barrels of light and medium crudes are to be discovered. Petroleos de Venezuela medium term plans call for big investments and includes the establishment of associations with private enterprises which can provide capital, specialized technology and markets in order to accomplish its goals, one of which is to reach 4 MMBD of production by the end of the century.
Get full access to this article
View all access options for this article.