Minister Quevedo promotes strategic partnerships with oil service companies in the Belt

San Tomé.- People's Minister of Petroleum and President of Petroleos de Venezuela SA (PDVSA), Manuel Quevedo, held a strategic meeting with oil business leaders in the Ayacucho Division of the Hugo Chávez Orinoco Oil Belt, as part of the Oil Production Recovery Plan

Vice President of Exploration and Production, Nelson Ferrer; Vice President of Corporación Venezolana de Petróleo (CVP), Rafael Urdaneta; Orinoco Oil Belt Executive Director, Freddy Viloria; and Rear Admiral Gustavo Romero Matamoros, Commander of the Belt Security and Protection Special Unit participated in the meeting.

According to Minister Quevedo, the purpose of the meeting was to increase awareness on the scope of Economic Emergency Decree No. 3368, published in Official Gazette No. 41376 dated April 12, which creates a Special and Transitory Regime for the oil industry to accelerate the administrative procedures of the oil contracts.

They signed 11 strategic partnerships and 3 letters for the start of oil service projects in the eastern region, involving Venezuelan businesses.

Minister Quevedo also made a call to maintain a close relationship with PDVSA partners and suppliers, to build a new business model which addresses, more expeditiously, the processes for the acquisition of oil services as well as the payment of debts and production commitments.

"If we want to build a country and eliminate vices, we need extraordinary measures, the cooperation of all, build a new order that allows a direct relationship with our partners”, he said.

Representatives of Multiservicios Sánchez & Valera, Petrolera Álvarez, Orinoco Drilling, Consoldi, Equiservis and Cooperativa 2021, among others, said this is an opportunity to shore up a new business model with PDVSA, a way to provide services that guarantee the maintenance of equipment, the provision of inputs and other oil logistics.

With these actions, Socialist PDVSA continues to consolidate ties with the Venezuelan productive sector through a new business scheme and a win-win relationship, thus increasing operational reliability from the energy heart of the socialist homeland.