This Tuesday, April 9, the former Minister of Petroleum of Venezuela, Tareck El Aissami, was arrested, according to the official announcement made by the Attorney General, Tarek William Saab.

The official also announced the capture of the former Minister of Economy and Finance and former president of the National Development Fund (Fonden) Simón Alejandro Zerpa, after “recent denunciations of at least five witnesses” interviewed by officials of the Public Ministry (MP, Prosecutor’s Office).

The arrests are part of the second phase of an anti-corruption operation related to a plot in the state-owned Petróleos de Venezuela (PDVSA).

As you will remember, this is an investigation that “remains open,” and in which more than fifty people have been arrested and have already been charged.

The investigations linked to the Pdvsa case include crimes of non-payment, sale of crude oil without administrative guarantees or illegally, non-compliance with contracting regulations, legitimation of capital from cryptocurrencies, among others.

According to the head of the Public Ministry, the Venezuelan justice system will apply “unrelenting punishment” to former officials, whose plans were to “end the country’s economy.”

M.Pino

With information from Doble Llave

(Reference image source: @MinpiblicoVEN, X)

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Venezuela registered an average oil production of 420,000 barrels per day in April, some 410,000 barrels per day less than the goal established by PDVSA, which projected some 830,000 barrels per day of production for last month.

According to the information provided by Tankertrackers, there was a drop in Venezuelan oil exports of around 28 % compared to the figures reported in March, which in turn were lower by 20 % when compared to February of this year.

Likewise, the data highlights that 95 % of exports in April were destined for China, while the remaining 5 % were sent to Cuba, the country’s main trading partner in Latin America.

The Organization of Petroleum Exporting Countries (OPEC) plans to publish its monthly report on May 12, called the Petroleum Market (MOMR), where the official figure reported by the organization on the South American country will be published.

As will be remembered last March, Tareck El Aissami, Minister of People’s Power for Petroleum in Venezuela, pointed out that “the Venezuelan oil industry is prepared to increase its production and raise it to two million barrels per day.”

M. Rodríguez

Source: bancaynegocios.com

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Venezuela plans to increase its oil production goals to 2 million barrels per day, as well as its derivatives, as part of the economic growth plan for 2022, as announced by the Oil Minister and Sector Vice President of Economy, Tareck El Aissami.

According to the vice president, “We have the technology and the installed capacity to advance” and work on increasing the production of its derivatives and gas. “We have proposed this year to take Petróleos de Venezuela SA (PDVSA) to 2 million barrels day. We already have the plan and the resources approved,” El Aissami said.

The plan additionally considers raising “the entire process of the chains that generates hydrocarbons and gas.” That is why the Caribbean country is carrying out “large-scale maintenance in the plants, which was previously done with transnationals.”

national work áreas

The sector vice president of economy also highlighted that they will work in 4 large areas at the national level, whose fundamental purpose is to achieve the goal proposed in the

The fronts are distributed as follows: One for the west, another for Monagas and Anzoátegui; the third for the Orinoco Belt and the fourth will be dedicated to refineries.

For his part, the president of Venezuela Nicolás Maduro indicated that the year 2022 “has to be the year of inflection (…) Growth from the micro to the macro economy.”

M. Rodríguez

Source: actuality.rt.com.

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