The profit calculated for 2022 by the five main oil transnationals exceeds one trillion dollars after taxes and before the distribution of dividends, their more than critical area and investment risk is oil exploration, due to exhaustion of global deposits.
The Orinoco Oil Belt "Hugo Rafael Chávez Frías" has no exploratory risk, with the certification of its reserves that consisted of the physical verification of the liquid hydrocarbon in quantity and quality, the Nation-State assumed that cost.
The establishment of alliances based on Decree Law 5.200 that establishes at least 60 percent of the share capital in joint ventures in primary activities of oil production (exploration, exploitation and initial storage) with full legal security for the investor, by logic constitutes a Certain area without uncertainty for the foreign and national investor.
With a demand that exceeds the growth in supply, due to the fact that the price of a barrel of hydrocarbon has not reached an equilibrium point that favors the investment required by the exploration cost, important to reactivate exploration in Lake Maracaibo and north of Monagas, producing in alliance with investors will allow compliance with the instructions given by President Nicolás Maduro and his team in the area to increase the flow to land of the resource.
The transition to socialism and the economic model where the different sectors do not depend on the oil income in direct subsidy for their profitability has in the Venezuelan hydrocarbon, subject to stupid sanctions that end up hitting whoever implanted them, the key element to recover the purchasing power of the national majority, which in these years has shown nobility and love for the country.
Happy 2022 to the glorious Venezuelan people!
Always loyal! Traitors never!
