PDVSA articulates plans with the Ministry of Petroleum to boost production in the Orinoco Belt

This press release from PDVSA was published using an automatic translation system.

Framed within the 6 Strategic Lines and the National Plan for the Recovery of Production, leveraged by the Revolutionary Government of the Worker President Nicolás Maduro, authorities of the Ministry of Popular Power of Petroleum, of the Vice Presidency of Exploration and Production of PDVSA and of the Directorate Production Executive of the Orinoco Oil Belt Hugo Chávez, held a fruitful meeting from the San Tomé District, in the Ayacucho block, in the southern Anzoátegui state.

The objective of the work table was to perform the corresponding accounts for the first half of 2018 to review the recovery plans, maintenance and increase of production in the largest hydrocarbon reservoir on the planet.

The meeting counted with the participation of Frank Coello, director of the Office of the Ministry of Petroleum; the deputy ministers Ángel González, of Hidrocarburos, and Mauricio Herrera, of Refining and Petrochemicals; Valeria Matamoros, director of Gas; Cristopher Alaña, general director for the Determination of Prices of the Export Crude; Nelson Ferrer, vice president of Exploration and Production (E & P), accompanied by the executive director of Orinoco Oil Belt Production (FPO), Freddy Viloria and his counterpart Ángel Salabarria, general director (e) of the FPO Regional Office.

The director of the Ministry of Petroleum, Frank Coello, started the assembly by greeting the present authorities, informing at the same time that these initiatives will continue to develop more frequently in the different areas of the FPO, taking into account the instruction given by the maximum holder of the oil portfolio, Manuel Quevedo to raise national production.

The Vice President of EyP, Nelson Ferrer, stressed that within the Production Recovery Plan, the Belt contributes more than 60 percent "it has to be a synchronized recovery with the increase of reliability in all our facilities, particularly the Improvers that allow an optimal processing of the crude oil that we are producing, the recovery of the Nation's production goes through the recovery of the Belt ".

Additionally, Ferrer explained that the Ministry of Petroleum, as the governing body of the energy portfolio, comes to contribute "its grain of sand in this difficult situation."

"Here is a team of workers making the maximum effort (...) has touched a hard moment, has not been easy, we have gone through countless situations, we have achieved stability and oil workers have a commitment to our President Nicolás Maduro , with Minister Quevedo and the Venezuelan people to recover production, "he said.

For his part, the deputy minister of Hydrocarbons of the Ministry of Petroleum, Ángel González, stressed that the country has the largest reserves of crude oil on the planet and with the real possibility of recovering operations in the short term.

"Venezuela has the barrels (...) with that commitment in mind we are going to fulfill the important mission of recovering the production to come from the economic, social and political point of view of the difficulties we are facing associated with the economic blockade", asserted González.

With these actions, the Orinoco Oil Belt Executive Direction Hugo Chávez, its Divisions: Ayacucho, Boyacá, Carabobo and Junín together with the FPO Regional Office continue to design strategies to increase crude production by more than 1 million barrels. national, towards the consolidation of Venezuela as a Socialist Energy Power of the 21st century.