Brazilian oil company reaffirms the continuation of Russian operations in Venezuela.
The Eurasian country stated that its operational model provides effective responses to emerging challenges.
247 - Roszarubezhneft, the main manager of Moscow's oil assets in Venezuela, released a statement reaffirming its continued operations in the South American country, which has been attacked by US forces. According to OPEC, Venezuelan territory holds approximately 17% of global oil reserves, representing more than 300 billion barrels.
According to telesurThe Russian company stated that its operating model provides effective responses to emerging challenges. The state-owned company intends to expand industrial and technological cooperation with Venezuela.
Figures released by the World Atlas website indicated that Venezuela would have 300,9 billion barrels of oil in 2024. Saudi Arabia came in second place in the ranking (266,5 billion) and Canada (169,7 billion barrels).
Following on the list were Iran (157,8 billion barrels), Iraq (150 billion barrels), Russia (103,2 billion barrels), Kuwait (101,5 billion barrels), United Arab Emirates (97,8 billion barrels), USA (48,5 billion barrels) and Libya (48,4 billion barrels).
