Alejandro Terán: With Chevron or without Chevron Venezuela could reach 2 million barrels this year

Published at: 06/03/2025 05:31 PM

The director of the Latin American Association of Petroleum Entrepreneurs in Texas, Alejandro Terán, stated that there is no more important energy project in the world right now, which would strengthen the Venezuelan oil industry in the next 10 years.

“This is the time when Venezuela must assume its energy independence and it has a way to do it: with technical, personal and geopolitical conditions to face any type of situation,” he said on the Al Aire program, broadcast by Venezolana de Televisión.

Regarding the opinion of Chevron's new 41 license, he said that “this decision will allow the energy rearrangement of Venezuela.”

In that regard, he explained that the issuance of the aforementioned Chevron license establishes that the oil company “has 30 days to collect as much as possible and certain operations that are not known will be restricted.”

He specified that 300,000 barrels of oil per day from Venezuela will be affected for the United States, although so far nothing has been officially reported. “With Chevron or without Chevron, Venezuela could reach 2 million barrels this year,” he said.

Terán stressed that the East of the world has at least 10 years left of energy consumption and that only 45% is attributable to Artificial Intelligence (AI) and that Venezuela has a stellar moment and must bear in mind that it is “standing on a mine that is too important for the world and we need to value it and learn to make the best possible use of it” and invited us to project the nation “from what we are”.

He reaffirmed that the country learned to navigate the crisis, but the United States will be more affected and “they don't know how to live with high gas, much less with the internal crisis that they are going to suffer.”

In that regard, he stated that “whoever is in the lobby against Venezuela has been called Exxon Mobil since 2000 and if we have to sue ExxonMobil, Marco Rubio, María Emilia Salazar, Guaidó and company in the same pot, we are going to do it because it is not possible that 300 million people are left in check for seven crazy people”, as well as the actions of the three American congressmen who are against Venezuela.

Mazo News Team