VOICED : Producción petrolera de Venezuela estancada en 700.000 barriles diarios

VOICED : Producción petrolera de Venezuela estancada en 700.000 barriles diarios

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Business, Architecture, Engineering

10th Grade - University

Hard

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Venezuela's oil production stagnated in early 2022, producing only 700,000 barrels daily, far from the 2 million promised by the government. Despite attempts to ease US sanctions, production remained low due to global events like Russia's invasion of Ukraine. The government blames US sanctions, while experts cite lack of investment, maintenance, and operational issues. Production has been declining since 2015, reaching a historic low in 2020. Corruption and lack of investment are also significant factors.

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