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Chris Wright Estimates Venezuelan Oil Production Can Rise 30%

The U.S. Energy Secretary presented his projections for increased production in Venezuela at Davos. This announcement follows the capture of Nicolas Maduro by American forces.

Chris Wright Estimates Venezuelan Oil Production Can Rise 30%

CountriesSuisse, États-Unis
SectorPétrole
ThemePolitique & Géopolitique

Chris Wright, U.S. Energy Secretary, told oil company executives that Venezuelan production could increase by 30% from its current level of 900,000 barrels per day. This statement was made during a closed-door meeting on the sidelines of the World Economic Forum in Davos, Switzerland. Three executives who attended the meeting confirmed these remarks.

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Pétrole