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RE: Will global petroleum production exceed 100 million barrels per day?

in Project HOPE • 4 years ago (edited)

Greetings @ carlos84
Undoubtedly normality is coming to many countries even though we still have pandemic, of course thanks to vaccination, oil production should reach its optimal levels and surely exceed them, to meet the demand that is increasing every day, in the Venezuelan case we will have to wait to see what level of operation will reach with the lack of control, lack of personnel and equipment that the state oil company is suffering, in addition to the large investments needed to reactivate some refineries.

Thank you very much for sharing such an interesting publication.

4 years ago in Project HOPE by
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     4 years ago 

    Hello my dear friend @dgalan.

    Certainly for the case of our country Venezuela, once the price reaches levels that are justified by its demand, we would have to see how the state company PDVSA reacts to be in tune and recover the company and return to the production of the past or at least 1 million barrels of oil per day.

    Greetings and thank you for your valuable comment.