Millán: The oil industry needs a management that produces and does not fly



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"It is no secret that our oil industry is on the floor and is going through an unimaginable crisis.Today we produce less than 1 million 400 thousand barrels of oil a day and we estimate a daily drop of 50 thousand barrels, besides that three breeders two are damaged and that currently the country has only one third of the refineries, "said the deputy Jorge Millán

The deputy added that the hydrocarbon storage capacity outside Venezuela is reduced in its entirety after the request of the oil company ConocoPhillips. "Currently, we have gone from 35 years to 28 in less than a month and with the only guarantee that these figures will continue to decline thanks to the incapacity of the government of Nicolás Maduro, "added Mr. Millán

.The study of the reform of the Hydrocarbons Law has highlighted his concern over the" lorries ". abse In view of the consensus of Venezuelan oil policy, and where no action is being taken at this time, the consequences can have a serious impact on the country's economy.

"It is unacceptable for a government that the country is in a situation where our people are hungry and eat garbage, a country where the areas of the greater Caracas and other states are without electricity and water for more than 72 hours has allowed the largest oil industry on the continent, which is the one that supports the country's main foreign exchange earnings, has been destroyed Nowadays it is important to evaluate the investment in the Oil industry without compromising the country's future with large loans that involve millionaires interest, where Venezuela might not be able to pay in the near future.

Experts invited to the session of the Sub – Special committee for the study of the reform of the Hydrocarbons Law, presented their work and experiences in oil policy to be able to reverse the situation that Venezuela is experiencing, pa rmi them, Angelo Angel

Antero Alvarado, who said that gas in Venezuela is classified as "Cinderella of the oil industry" since it is a product derived from oil and thanks to its current poor performance in the country is an existing cause of its shortage "Venezuela is currently in childbirth, our country does not know how to sell gas and we are currently paying economically This hazing is very expensive because there is a state monopoly run by the national government that makes this valuable product a great economic loss for the country. "

million. Ernesto Fronjosa pointed out three important considerations in the current oil industry: the politicization of oil with the arrival of Hugo Chávez Frías and the entry of socialism, strategic points were implemented within the PDVSA as the realization of more social content, more market diversification and recovery of oil "The current oil industry guidelines, has nothing to do with the industry, plan of the countries that in any point of view are ambitious guidelines, that in PDVSA internal documents, these guidelines are classified, that is, violates the fundamental principle of the division of labor and does not sell, gives barrels of oil On the other hand, economist Orlando Ochoa explained that Venezuela was historically one of the countries with the highest production of barrels of crude oil in the world, leaving in its last reco 1997 rd, just before the arrival of Hugo Chávez Frías, a total of 2.9 million annual oil production Twenty years after 1997, Pdvsa in its own production, is in 1 million barrels produced per year in 2017 and that does not mean the current figures, that is, the Venezuelan oil industry is on the verge of a breakdown of its services, the worst of its history. "NP

EA

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