Proposal to reactivate oil production in Lake Maracaibo

The president of the permanent Energy and Petroleum Commission, deputy Ángel Rodríguez reported that this parliamentary body received on Wednesday the proposal to reactivate oil production in Lake Maracaibo with foreign investment, cutting-edge technology and the experience of more than 40 years work in the area, by the Venezuelan Italian Chamber of Commerce (Cavenit), an organization that offers to participate in the economic recovery of the country.

According to information published on the website of the National Assembly, the parliamentarian Ángel Rodríguez considered this offer very viable, which is also accompanied by people willing to invest in the country large amounts of economic resources in times of blockade.

On the other hand, the president of the Venezuelan Italian Chamber of Commerce, Alfredo D´Ambrosio, explained to the parliamentarians that the organization was founded in 1928 by Italian migrants who were offered the possibility of making a future in Venezuela at difficult times to them.

In this sense, they make available to the economic recovery of the country their seven branches in Venezuela with 79 partners and an export network to more than 150 nations.

The businessman recalled that the companies that today want to participate were nationalized in 2009, but they consider that to be part of the past, since today the chamber represents 49 Italian-Venezuelan companies willing to return to work in Lake Maracaibo.

He stressed that their knowledge of the area and the industry leads them to estimate that if the way to start working immediately is facilitated, in 30 or 60 days they could be producing in the lake with a project that would be consolidated in six months.

Members of CAVENIT explained to the parliamentarians that they develop in a core aspect of the industry, which ranges from diving to barge care, because they have carried the entire civil part of the lake for years. They highlighted their participation in more than 500 projects, which allows them to affirm that there are currently more than five thousand kilometers of recoverable lines.

They even offer new techniques for the installation and conditioning of lines "more modern than the satellite ones they used to detect damage, since now the lines of work would not be interrupted to repair damage to the power lines."

Congressman Rodríguez, at the end of the meeting, stated that private activity is not at odds with the Hydrocarbons Law in force and, now with the Anti-Blockade Law, the State is empowered to carry out the necessary actions in order to guarantee the rights of Venezuelans in Exceptional situations, such as those the country is currently experiencing, subject to the confiscation of ships and spare parts for the oil industry by the United States.



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