US-Backed Oil Company Flaunts Venezuelan Facilities
4 Articles
4 Articles
Radio France Internationale
rtl.luUS-backed oil company flaunts Venezuelan facilities
The interim government authorized North American Blue Energy Partners (NABEP) to operate 17 oil fields via a recent deal with the United States, which is set to receive 20 percent of Venezuelan reserves. The Barbados-based firm is the second-largest private oil company in Venezuela and will operate 100-year concessions for 17 oil fields with proven reserves of approximately 65 billion barrels. The company invited AFP and other outlets to tour it…
North American Blue Energy Partners (Nabep), of Venezuelan businessman Alejandro Betancourt, operates the unprecedented agreement with which Caracas gave Washington 20% of its gigantic oil reserves. The company’s courtyards in the town of Bachaquero, Zulia state (northwest), are now full of new inputs, most of them imported from the United States. Flexible pipeline carts that serve to replace submarine lines and lots of new vehicles account for …
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