May 2003

Special Report: ACHEMA 2003

ACHEMA Perspective 2003-Venezuela

In Venezuela, the sole producer of crude oil and basic derivatives is state-owned company, Petroleos de Venezuela S.A., also known as PDVSA. In 2002, PDVSA's total production capacity o..

Quijada, R., IntelliChem, Inc.

In Venezuela, the sole producer of crude oil and basic derivatives is state-owned company, Petroleos de Venezuela S.A., also known as PDVSA. In 2002, PDVSA's total production capacity of crude and condensates was reported at 3.9 million bpd (MMbpd) with nearly 6 Bcfd of coproduced natural gas. Venezuela is a significant supplier of crude oil to the US market as shown in Fig. 1. Oil and related industries. Venezuela's industries have been deeply affected by socio-political developments that began in 1999. Over the last four years, social and political unrest has gradually escalated. In December 2002, a nation-wide labor s

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