Monday , May 10 2021

Caroní Mail – Oil production continues to fall and falls to 1.17 million cents per day



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Venezuela's oil production is still at the minimum, according to the monthly report of the Petroleum Exporting Countries Organization (OPEC) released on Tuesday, which states that Venezuela has produced 1.17 million barrels a day in October, 3.3% less than the previous month's record.

Resistance has been progressive if one of Venezuela believes is equally generating 1.54 million barrels in the first quarter in 2018, according to secondary sources that OPEC consults.

According to these secondary sources, OPEC's raw preliminary production was 32.9 million daily crops (bd) in October, an increase of 127,000 barrels per day compared to the previous month. The organization's monthly bulletin indicates that crude oil production has grown mainly in the UAE, Saudi Arabia, Libya and Angola, while the production has dropped in Iran, Venezuela, Kuwait and Nigeria.

The monthly bulletin does not mention official data on Venezuelan oil production. The last registration is September 2018, when it was reported on the production of 1.4 million banned per day.

"Since 2005 we've been shipping the slogan PDVSA falls apart due to lack of investment and maintenance and today we see how it becomes a reality, "said José Bodas, general secretary of the Federation of Oil Workers (Futpv), which emphasizes that the moveback is apparent in drills, refineries and docks.

"Puerto La Cruz refinery does not refined oil due to problems with boilers, turbines, compressors, furnaces (…) that the same dowry, dune and boatboats and in drills and joint ventures and PDVSA The working class, technicians and professionals with a sense of belonging have presented solutions and what we receive is a lack of security equipment such as shoes, helmets, vans. Many times do not get inspect them in the fields because there are problems of rubber and batteries and, even, risks in industrial and physical security of employees, "he said.

The union leader was worried about the oil industry falling There will be no state to solve the problem in mind. "The president of PDVSA has even caught masks to ask for an increase in production, but respecting the religion of every person, it is clear that oil production will not increase mass, but with investments, maintenance, good salaries and give him the best of the labor victimization ".

In Boda's opinion, Pdvsa's productive refusal solutions are the necessary respect for joint hiring, giving employees with personal protective equipment the opportunity, providing transport, guaranteeing canteens and identifying investments in refineries, drills, docks and areas. of production.

In June 2018, President Nicolás Maduro called for the PDVSA board to create a new management model in the state company with employee involvement. "I want a new management model, I want a new management model, I want a new organizational model where the working class has the basic power of a decision for the direction. I want oil association," he said. Maduro.

Months earlier, in November 2017, he had published a deep revolution in the oil company. "I want to make a productive revolution based on the working class towards socialism, we have to open the way to economic prosperity. This new productive economy is born in the oil industry with & # 39 ; new ethics and new morality, "he said.

But none of the wishes and publications have led to a production improvement. Thus, in August 2018, the president of the industry and Minister Petroleum, Manuel Quevedo, signed service agreements with 14 companies to increase production in 14 oil fields of 384,000 barrels per day to 641,000 barrels a day.

PDVSA would manage the fields, according to the agreement, which suggests providing investor and legal security facilities to the investor to restore inactive wells. Although the Executive did not identify the closing date for the increase in production, the recent OPEC newsletter reports that the decline continues.


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