Venezuelan President Nicolas Maduro during his Con Maduro+ show this Monday, May 15, 2023. Photo: Presidential Press.
Venezuelan President NicolĂĄs Maduro confirmed this Monday that “Venezuela will certify more than 50 gas blocks located in the north coastal zone, which would make the nation the fourth-largest reserve in the world.”
âIn Venezuela we are certifying what could be called the Caribbean Gas Strip, because the entire north-coastal area of ââVenezuela is full of gas and blessed with great wealth,â said the head of state during his television program Con Maduro+.
#EnVivo | Venezuela se perfila como el cuarto paĂs con la reserva de gas mĂĄs grande del mundo
"Bienvenidos todos los inversionistas del mundo, Todo el gas que necesitan en Europa lo tenemos en Venezuela", recalcĂł el jefe de Estado @NicolasMaduro pic.twitter.com/VUnNvWSyla
— Prensa Presidencial (@PresidencialVen) May 15, 2023
After the discovery of the more than 50 gas blocks, Maduro invited businessmen from all over the world to invest in Venezuela. All the gas that Europe needs is in Venezuela, he added.
In this sense, he highlighted the permit granted by PetrĂłleos de Venezuela (PDVSA) to the European companies Eni Spa (Italy) and Repsol (Spain) for the export of natural gas, after a century of energy production in Venezuela focused only on oil.
On May 5, the president of PDVSA, Rafael Tellechea, announced the signing of a permit for Eni and Repsol to export liquified natural gas (LNG) from the CardĂłn IV license.
Venezuela’s Gas Sale to Colombia Not Possible in the Short Term
CardĂłn IV is a company operated by the Italian ENI and the Spanish Repsol. Its license was granted in 2006 with a duration of 30 years. With this new alliance, Venezuela promotes the diversification of its economy and, in turn, continues the expansion of its energy production.
AMLO’s comments about OAS
President Maduro also agreed with recent statements made by his Mexican counterpart, AndrĂŠs Manuel LĂłpez Obrador, who recently said that the “Organization of American States (OAS) should disappear.”
âThe OAS has a disastrous history, it has come to nothing,” said President Maduro. “The OAS has endorsed all the invasions, the coups in Latin America⌠All the coups have had an OAS seal [of approval].”
Maduro added that the path Venezuela has taken is the “path of Our America” ââthrough various organizations such as the Union of South American Nations (UNASUR), the Bolivarian Alliance of the Countries of Our America (ALBA-TCP) and the Community of Latin American and Caribbean States (CELAC).
(RedRadioVE) by Ana PerdigĂłn, with Orinoco Tribune content
Translation: Orinoco Tribune
OT/JRE/SL
blaorinoco 5.17.23 17:48 EST
