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To this end, the owner develops workshops in which the evolution of the strategies implemented is evaluated to reach the target set for 2018.
Taking into account that the report of the company oil at OPEC located domestic production in a million 520,000 barrels per day, the increase which is considered PDVSA is to increase extraction in 452,000 barrels per day, which is equal to 29.7% increase.
This Saturday, Venezuela's governor before OPEC, Ángel González, accounted for one million 735,000 barrels of the industry's total daily production: a million 570,000 gross, 90,000 barrels of gas and 70,000 barrels of condensed products.
Quevedo did not specify whether the projection covers all these elements or covers only heavy oil production.
On the other hand, the owner claimed that because of the unilateral sanctions that weigh on the oil company, managers are prevented from entering refineries located in other countries, "restricting the exercise of their duties ", and indicated that" all that goes to the destabilization of the world oil affects other countries, "warned the minister to his colleagues from the Organization of Petroleum Exporting Countries .
As already mentioned, specifically in its last report, OPEC recorded that production in Venezuela fell to 1.34 million barrels per day in June.
It is also stated in the group's latest report that mining fell by 20% in the country at the end of the first half of this year.
The reduction of the Venezuelan quota in the concert of the producing countries, as well as the situation in Iran, have been the arguments used by Donald Trump to put pressure on Saudi Arabia and OPEC, in favor of the world. a further easing of the agreement to reduce avoid distortions in the oil market.
In this regard, this week, the International Energy Agency ruled that the oil market was "finely balanced" and vulnerable to interruptions.
In the notice, they warn that "Oscillating producers of OPEC and others may have to increase their production, even if some demand-side factors have a moderating influence".
In its monthly report on the oil market, released before the next regular meeting of OPEC on June 22, the IEA predicts that oil extraction in the country could fall to just 800 000 b / d, or even less in 2019
The Venezuelan crisis and the possible impact of the US decision to restore sanctions against Iran "would require greater production from producers with capabilities additional, "they say, referring to the signatory countries of the agreement. 2016, like Russia and several Gulf countries.
"If the other 12 OPEC member countries continue to produce at the same pace as in May, a potential supply deficit could widen and result in drainage of more than 1.6 million barrels a day in the fourth quarter of the year. 2019 ", ratifies the Energy Agency.
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