PDVSA PLANS TO HIKE PRODUCTIVE CAPACITY

Venezuela's state oil company plans to jump its productive capacity by 117,000 b/d to 2.92 million b/d this year. Petroleos de Venezuela also projects sizable increases for oil and gas reserves and plans record spending in 1992. Meantime, Pdvsa is sounding a warning again about the Venezuelan government's excessive tax take amid debate within the company about spending priorities. Pdvsa estimates 1992 liquids production will average 2.32 million b/d: 2.16 million b/d of crude, 121,000

In order to access this content, you must be logged-in and have an active subscription to the OGJ Premium Archive

Subscribe

More in Home