With an investment of 1000 million dollars began the first works of the Russian company Petrozamora in Venezuela, to incorporate cutting-edge technology that contributes to the oil development in the country.
Thus was informed by the president of PDVSA, Eulogio del Pino during his visit to Zulia state, where he explained that: «As partners we are in the best disposition to receive these fundings and channel them for the welfare of our peoples. Each of these companies has a commitment to our country», said Del Pino.
In this sense, the Head of the Venezuelan State oil company, Eulogio del Pino said that in compliance with the Constitution of the Republic, the majority shareholding is owned by the State oil company, in order to maintain sovereignty over natural resources.
One example of this is the consolidation of the mixed company Petrozamora, S.A., with a 60% shareholding lying in the Venezuelan State, through the Corporación Venezolana del Petróleo (Venezuelan Oil Corporation- CVP) and a 40% in Gazprombank.
Del Pino also reported that Petróleos de Venezuela (PDVSA) made a profit this year of 1500 million dollars to strengthen the country’s economy.
Regarding the information published in some media about the retention of a tanker with Venezuelan oil, on the coast of Louisiana, located in the United States, Del Pino clarified, that this action does not affect PDVSA, but to the customers, such as the US companies, among them the refiner PBF Energy.
Likewise, PDVSA’s head, Eulogio del Pino, pointed out that the objective of the production of 110,000 oil barrels per day is the diversification in the economy with its workers, to guarantee the faithful functioning of the State-owned oil company in Venezuela.
