The Legislative Department unanimously authorized an extension of operation for Petropiar, a combined firm devoted to the exploration, extraction, assortment, transportation and storage of hydrocarbons within the Orinoco oil belt.
In response to the official report, the extension of operation of Petropiar, primarily based within the Simón Rodríguez municipality of Anzoátegui state, was licensed for 15 years for the interval 2033-2047.
Extension of operation for Petropia authorized
As well as, it’s value noting that this firm shares possession with Chevron (30%) and a majority shareholding of the federal government (70%), by means of PDVSA, provides the NDP.
The member of the Everlasting Fee on Power and Petroleum, deputy Omar Farias, introduced the report earlier than the Plenary of the Nationwide Parliament, the place he indicated that Venezuela is regarding to achieve the aim of 1 million barrels of crude oil per day.
Farias reported that, since 2008, the personal firm Chevron has signed agreements with the Venezuelan State by means of Petróleos de Venezuela, within the train of main actions, for 25 years (2008-2033), inside the framework of articles 33 and 34 of the Natural Hydrocarbons Legislation, which permits the usage of oil actions, crude oil and pure fuel extraction.
He highlighted that Venezuela has the biggest oil reserves on the earth, with greater than 300 billion barrels in licensed reserves and 197 million cubic toes of fuel, which locations it in eighth place on the earth.
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2024-06-26 08:51:46
