According to Rodriguez, Venezuela, the world's fifth largest oil exporter with a proven oil reserve of 78 billion barrels, would therefore increase daily oil output to 3.25 million barrels from the present level of 3.16 million barrels.
116
Venezuela To Increase Daily Output
Venezuelan state oil company PDVSA is going to invest more...
Venezuelan state oil company PDVSA is going to invest more in prospecting next year, increasing expenditures to $3.5 billion from the 2004 level of $3.2 billion, PDVSA Vice President Felix Rodriguez informed.
The company will invest in Tomoporo field in the western state of Trujillo, which has an estimated reserve of up to 1 billion barrels.
According to Rodriguez, Venezuela, the world's fifth largest oil exporter with a proven oil reserve of 78 billion barrels, would therefore increase daily oil output to 3.25 million barrels from the present level of 3.16 million barrels.
According to Rodriguez, Venezuela, the world's fifth largest oil exporter with a proven oil reserve of 78 billion barrels, would therefore increase daily oil output to 3.25 million barrels from the present level of 3.16 million barrels.
Подпишитесь
