economy
¿Podrá Venezuela volver a producir tres millones de barriles de crudo al día?
Tras la captura de Nicolás Maduro y su acusación formal en Estados Unidos, el mundo pone la lupa sobre el futuro energético de […]

TL;DR
- Venezuela's oil production has fallen to 800,000 barrels per day from 3.5 million in the 90s.
- The country possesses the world's largest oil reserves, estimated at 300 billion barrels.
- Decades of disinvestment, mismanagement, and nationalizations have left infrastructure in ruins.
- Political instability and the risk of further nationalizations deter foreign investment.
- US industry leaders are cautious, with Exxon Mobil deeming Venezuela 'unfit to invest' currently.
- Chevron is the only major US company with an advantage, having stayed in Venezuela and expecting a 50% production increase in two years.
- Basic maintenance could increase production to 1 million barrels/day soon.
- Achieving 1.2 million barrels/day requires political stability, according to JPMorgan.
- Returning to 1.5 million barrels/day requires $15-20 billion in investment over the next decade.
- Reaching 3 million barrels/day necessitates approximately $180 billion over 15 years.
- US Gulf Coast refineries are preparing to process Venezuelan crude once sanctions and logistics allow.