Texas oil workers salute the triumph of President Nicolás Maduro

Texas oil businessmen, through a statement, extended their congratulations to President Nicolás Maduro Moros for his “resounding victory” in the presidential elections held on July 28.

The oilmen highlight in their letter that We are sure that after their victory, “Venezuela will have a happy ending and safe growth of its oil industry, we are faithful believers of this by moving our investments to this beautiful and strategic country in the Caribbean. –
We congratulate you on this achievement, but not before expressing our full willingness to contribute all our knowledge and desires to fulfill the aggrandizement of this great country.” , reads the text.

Below is the full text of the letter:

“Dear Mr. President;

I take this opportunity to congratulate you on your resounding victory in the recent electoral process. –
Our Texas oil tankers association has been a pioneer in promoting Venezuela as a serious investment option, resuming market opportunities that have existed for more than 10 years in world energy history. –
The sanctions unfairly imposed on this country, combined with the unhealthy interests of industries in our region, have caused one of the largest energy crises in world oil history.
We believe that Venezuela is and will be the energy balance of the world and the stability of the international market. –
We are sure that under his leadership Venezuela will have a happy ending and safe growth of its oil industry, we are faithful believers of this by moving our investments to this beautiful and strategic Caribbean country. –
We congratulate you on this achievement, but not before expressing our full willingness to contribute all our knowledge and desires to fulfill the aggrandizement of this great country.
I say goodbye to you, but not without first raising a prayer to the Holy God to guide you on this new path.

Alejandro Terán Martínez, president of the Latin American Association of Oil Businessmen (Aleppo)

It should be noted that the Texas oil businessmen They signed a memorandum of understanding with Petróleos de Venezuela (Psvsa) through which the operation of 3.000 wells is established in a period of a year and a half in the Orinoco Oil Belt.

“The importance of this memorandum of understanding and the future contracts with the Texas company, Sunergon Oil, is that it will allow this operator to establish new ties with the Venezuelan oil industry and make important operational investments in the more than 15 thousand oil wells that are around. of the belt and the East of the country,” said Alejandro Terán, president of the Latin American Association of Oil Businessmen of Texas, Alep.

Terán explained that in a first stage 600 wells will be addressed and in a second stage 1.200 will be achieved and a third phase will be completed that will culminate in a year and a half with 3 thousand wells. “We are going to make a significant investment in more than 16.000 oil wells so that in the next three years Venezuela reaches production of 3.250.000 bpd, thus recovering 80% of its capacity,” the newspaper notes. Últimas Noticias

It should be noted that this Texas company already has pre-approval from Ofac to carry out this operation, thus being the first license granted under the new executive order 44A.

“Thus, Sunergon Oil Operation Group LLC is the first Texan company member of the Latin American Association of Texas Oil Businessmen that will increase oil production in the next 6 months,” he said.