Venezuela : moins de 30 % des puits de pétrole sont en activité

Venezuela’s oil industry in deep crisis: only 27% of wells active despite holding world’s largest crude reserves, as global supply tightens. | Contesto: cronaca

Punti chiave

• Venezuela : moins de 30 % des puits de pétrole sont en activité

Contesto

Only 27 percent of Venezuela’s oil wells are currently in operation, the Venezuelan Petroleum Chamber disclosed Monday during an industry forum, raising alarm over the country’s deepening energy paralysis even as it sits atop the world’s largest proven crude reserves. The revelation comes at a time of heightened global energy uncertainty following the blockade of the Strait of Hormuz, which has disrupted key shipping routes and sent oil prices climbing. The stark figure, presented by the chamber’s technical experts, underscores the dramatic collapse of Venezuela’s once-dominant petroleum sector. Production has plummeted from a peak of roughly 3.5 million barrels per day in the late 1990s to just a fraction of that today, with analysts citing chronic underinvestment, mismanagement, and international sanctions as primary drivers. The country’s state-owned oil company, PDVSA, has struggled to maintain basic infrastructure, leading to widespread well shutdowns and refining outages. Industry insiders speaking at the forum pointed out that the low activity rate is not a temporary fluctuation but the result of years of neglect. Many wells have been abandoned due to a lack of spare parts, skilled personnel, and financial resources. The situation is particularly ironic given that Venezuela holds an estimated 300 billion barrels of recoverable oil—more than Saudi Arabia—yet cannot produce enough to meet its own domestic needs, let alone export significant volumes. The timing of the disclosure adds a layer of geopolitical significance. The blockade of the Strait of Hormuz, a chokepoint for about one-fifth of global oil shipments, has tightened supply and raised fears of a prolonged energy crisis. Venezuela’s inability to ramp up production means it cannot step in to fill the gap, a role it might have played in earlier decades when its output was robust. Instead, the country remains a marginal player in global markets, with most of its current exports going to China and Russia under debt repayment deals. Economic analysts warn that the low well-activity rate will have severe knock-on effects for Venezuela’s already crippled economy. Oil revenues account for the vast...

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Categoria: cronaca