Reuters

The Spanish energy group Repsol plans to triple its crude oil production in Venezuela to 150,000 barrels per day in the next two years, said Francisco Gea, executive general director of exploration and production of the company, on Tuesday on the sidelines of the CERAWeek energy conference held in Houston. If you want to receive this and other information on your cell phone, download Telegram, enter the link https://t.me/albertorodnews and click +Join.

Reuters

TL;DR

  • Repsol plans to triple its crude oil production in Venezuela.
  • The target production is 150,000 barrels per day.
  • This production increase is expected within the next two years.
  • The information was shared by Francisco Gea, executive general director of exploration and production at Repsol.
  • The announcement was made during the CERAWeek energy conference in Houston.