International Oil Operations Continue at Full Speed in Venezuela
PDVSA oil workers. March 2025. X/ @ISMAELREIN1990
March 31, 2025 Hour: 1:20 pm
Thanks to its worker’s efforts, Venezuela is carrying out its plan for absolute production independence, VP Rodriguez said.
On Monday, Venezuelan Vice President and Oil Minister Delcy Rodriguez confirmed that her country’s oil production is operating normally and is complying with the plan to increase national output.
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The state-owned oil and natural gas company (PDVSA) is keeping its wells in production, while international companies are operating at full capacity.
“Those transnational companies whose licenses were revoked by the U.S. government at the request of the failed Venezuelan far-right are welcome to continue participating in production under a win-win scheme in the contracts signed with the national industry, in accordance with the Venezuelan legal framework,” Rodriguez said in a statement.
“PDVSA continues its gas production to meet the growing domestic supply and is focused on export projects with international companies, as well as on its national refining system.”
“Thanks to the outstanding efforts of its workers, Venezuela stands strong and is carrying out its plan for absolute production independence as directed by President Nicolas Maduro,” the Bolivarian Vice President stressed.
Previously, U.S. President Donald Trump decided to cancel permits to export crude oil and derivatives from Venezuela, affecting transnational companies such as Repsol (Spain), Global Oil Terminals (U.S.), Eni (Italy), Maurel & Prom (France), and Reliance Industries (India).
On Sunday, Rodriguez confirmed that her country maintains fluid communication with the transnational oil and gas companies operating in the country. “We were prepared for this situation and are ready to continue fulfilling the contracts with these companies,” she said.
teleSUR/ JF
Sources: VTV – PDVSA