Latin America Initiative | Journal
La Industria Petrolera Venezolana: una nueva oportunidad histórica
June 20, 2012 | Francisco J. Monaldi

Table of Contents
Author(s)
Francisco J. Monaldi
Fellow in Latin American Energy Policy | Director, Latin America Energy ProgramWith a favorable market and nearly inexhaustible resource base, Venezuela has a historic opportunity to boost its oil industry. The country has also seen more than 100 billion dollars in investment for projects that could allow production to double. However, the industry faces serious policy hurdles, and the potential of this investment is likely to be wasted. Published in Debates IESA, 2012.