Venezuelan Energy and Mining Minister Eulogio del Pino predicted today the increase of the Venezuelan crusde oil production,for which the nation has association with foreign companies. After a tour on the areas of the Junin Division in Anzoategui, Del Pino explained that the growth of the Oil Strip of Orinoco, one of the biggest reseves in the planet, has a sustianble development,with a great amount of resources.
Venezuelan Energy and Mining Minister Eulogio del Pino predicted today the increase of the Venezuelan crusde oil production,for which the nation has association with foreign companies. After a tour on the areas of the Junin Division in Anzoategui, Del Pino explained that the growth of the Oil Strip of Orinoco, one of the biggest reseves in the planet, has a sustianble development,with a great amount of resources.
He said that some contracts are signed with Russian company ROSNEFT, with which the joint venture ROSVEN was created.
Also he mentioned the constitution of other entities like Vencana, in alliance with a private enterprise of Canada, for the directional perforation; and Services Alex, another mixed enterprise with a national company.
In the same way, it affirmed there is developing a plan regarding the conversion of commercial debts in financial debts, which there have joined important signatures of augers and services.
The production of the state Venezuelan oil company is about three million barrels per day,according to Pdvsa sources.
Source: PL