--> Abstract: Positioning for the 21{st} Century Venezuela's Apertura, by J. O. Carnevali; #90928 (1999).

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CARNEVALI, JORGE O.
CorporaciĀ¢n Venezolana del Petroleo

Abstract: Positioning for the 21{st} Century Venezuela's Apertura

The Venezuelan economy is currently in the early stages of a market-driven rebirth. Venezuela's petroleum sector will play a major role in its economic recovery and future growth. Since 1991, the Venezuelan hydrocarbon industry has been open to private capital in an evolving process that has served as a catalyst to the general reform of the Venezuelan economy. This process, known as the Apertura, has been a success - the outcome perhaps even a surprise to casual observers. There are three fundamental areas which largely explain the success and at the same time provide a glimpse as to the way our industry is looking at the future. The areas can be broadly classified into Technical, Commercial and Strategic.

AAPG Search and Discovery Article #90928Ā©1999 AAPG Annual Convention, San Antonio, Texas