Venezuela: Migrating Away from the Apertura Petrolera
OGEL 2 (2008),
Keffer, John L.
Vargas, Maria Victoria
Venezuela holds one of the largest hydrocarbon reserves in the world with proven oil reserves estimated at 215 billion barrels, including heavy and extra-heavy crude, and natural gas reserves of 150 trillion cubic feet (tcf). It is a founding member of OPEC, one of the top world oil producers and one of the major suppliers of crude to the United States. Under the government of President Hugo Chávez Venezuela has assumed a leading role in the global geopolitics of oil. President Chávez is changing the dynamics for foreign investment in the oil sector in Venezuela ...
J.L. Keffer; M.V. Vargas; "Venezuela: Migrating Away from the Apertura Petrolera"
OGEL 2 (2008), www.ogel.org